Goodyear (GT) senior VP reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Goodyear Tire & Rubber senior vice president Don Metzelaar reported equity compensation activity involving restricted stock units and common stock. On March 1, 2026, he exercised or converted a total of 10,215 common shares from 2022 Plan Restricted Stock Units.
The filing also shows a disposition of 3,004 common shares at $8.25 per share, which a footnote explains were shares of common stock withheld by the issuer to pay withholding taxes. After these transactions, Metzelaar directly owned 7,211 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,215 shares exercised/converted
Mixed
4 txns
Insider
Metzelaar Don
Role
Sr VP Global Mfg Supply Chain
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | 2022 Plan Restricted Stock Units | 3,065 | $0.00 | -- |
| Exercise | 2022 Plan Restricted Stock Units | 7,150 | $0.00 | -- |
| Exercise | Common Stock | 10,215 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,004 | $8.25 | $25K |
Holdings After Transaction:
2022 Plan Restricted Stock Units — 6,128 shares (Direct);
Common Stock — 10,215 shares (Direct)
Footnotes (1)
- Shares of common stock withheld by the issuer for the payment of withholding taxes. This Form 4 reports the vesting and conversion of one-third of the Restricted Stock Units ("RSUs") granted February 24, 2025.
FAQ
What insider transactions did Don Metzelaar report at GOODYEAR TIRE & RUBBER (GT)?
Don Metzelaar reported equity compensation transactions on March 1, 2026, involving restricted stock units and common stock. He acquired 10,215 common shares through RSU vesting/conversion and had 3,004 shares withheld by the company to cover tax obligations associated with that vesting event.
What does the Form 4 say about Don Metzelaar’s RSU grant at GOODYEAR (GT)?
The Form 4 explains that the reported transactions reflect the vesting and conversion of one-third of Restricted Stock Units granted on February 24, 2025. These RSUs were issued under GOODYEAR’s 2022 Plan and converted into 10,215 shares of common stock on March 1, 2026.
Were Don Metzelaar’s GOODYEAR (GT) transactions open-market buys or sells?
The reported activity consists of RSU vesting and related tax withholding, not open-market trades. The Form 4 classifies the acquisitions as derivative exercises/conversions and notes that 3,004 shares were withheld by GOODYEAR to pay withholding taxes, rather than sold to third parties.