GOODYEAR TIRE & RUBBER CO /OH/·4

Mar 3, 6:03 PM ET

Boucharlat Gregory 4

Research Summary

AI-generated summary

Updated

Goodyear (GT) SVP Gregory Boucharlat Receives RSU Shares; Tax Withheld

What Happened

  • Gregory Boucharlat, Senior Vice President, Global Commercial at Goodyear (GT), had restricted stock units (RSUs) vest and convert on March 1, 2026. A total of 6,538 shares were issued upon conversion.
  • Of those, 4,353 shares were withheld by the issuer to cover withholding taxes at $8.25 per share (total tax withholding ≈ $35,912). The net shares delivered to Boucharlat were roughly 2,185.
  • The filing shows conversion/exercise activity (transaction code M) for the RSUs and a tax-withholding disposition (code F). This is an award/vesting event rather than an open-market purchase or voluntary sale.

Key Details

  • Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (timely — within the required 2 business days).
  • Conversion entries: 2,963 and 3,575 RSU shares converted (total 6,538). Withholding: 4,353 shares at $8.25/share → ~$35,912.
  • Net shares received by Boucharlat: ~2,185 (6,538 issued − 4,353 withheld).
  • Footnotes: F1 = shares withheld for taxes; F2 = one‑third of RSUs granted Feb 26, 2024 vested/converted; F3 = one‑third of RSUs granted Feb 24, 2025 vested/converted.
  • Shares owned after transaction: not provided in the supplied data.

Context

  • This was a routine RSU vesting/conversion with shares withheld to satisfy tax obligations (not an open-market sale). Transaction code M indicates conversion/exercise of derivatives (RSUs), and F indicates shares withheld for taxes.
  • Such withholding is a common administrative step and does not by itself indicate insider sentiment about the stock.