[SCHEDULE 13G/A] Goodyear Tire & Rubber SEC Filing
Rhea-AI Filing Summary
Amendment No. 2 to Schedule 13G for Goodyear Tire & Rubber (GT) discloses that individual investor Dan Hagan beneficially owns 10,000,000 common shares, equal to 3.5 % of outstanding shares (285.7 M as of 30 Apr 2025). The stake comprises shares held directly plus 3 M shares in a charitable trust over which Hagan is sole trustee. Hagan reports sole voting and dispositive power for the entire position; no shared power is indicated.
Because the holding is below the 5 % threshold, Item 5 confirms “ownership of 5 percent or less of a class,” and the certification states the shares were not acquired to influence control of the issuer. The filing’s event date is 30 Jun 2025, and the certification is signed on 7 Aug 2025.
- Beneficial owner: Dan Hagan (U.S.)
- Shares owned: 10,000,000
- Percent of class: 3.5 %
- Voting/Dispositive power: Sole
Positive
- Transparency: Filing reveals a 10 M-share (3.5 %) position, enhancing visibility into Goodyear’s shareholder base.
Negative
- None.
Insights
TL;DR: 3.5 % passive stake by Dan Hagan; disclosure is routine, governance impact minimal.
The amendment simply updates Hagan’s position below the 5 % threshold, flagging that no control intent exists. While a 10 M-share holding is sizable in absolute terms, it does not confer meaningful influence over Goodyear’s strategy or board composition. There is no indication of activist activity, financing arrangements, or coordinated group action. For investors, the filing is informational; it neither alters float materially nor signals forthcoming corporate events. Overall market impact is neutral.