Hinrichs Joseph R 4
4 · GOODYEAR TIRE & RUBBER CO /OH/ · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
Goodyear (GT) Director Joseph Hinrichs Receives RSU Award
What Happened
Joseph R. Hinrichs, a director of Goodyear Tire & Rubber Co. (GT), was granted 25,605 restricted stock units (RSUs) on 2026-04-13. The RSUs were valued at $7.03 each (closing market price on the grant date), for a total grant value of $180,003. The filing reports this as a derivative award (transaction code A — grant/award).
Key Details
- Transaction date: 2026-04-13; Filed: 2026-04-15 (timely filing).
- Grant: 25,605 RSUs @ $7.03 per RSU; total reported value $180,003.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — RSUs equal one share each and payable only in common stock under the Outside Directors' Equity Participation Plan. F2 — RSUs convert to common shares on the earlier of one year from grant (by 4/13/2027) or the date of the 2027 annual meeting.
- Transaction type: Award/Grant (not an open-market purchase or sale).
Context
RSUs are a form of equity compensation for directors; they do not represent immediate cash investment and typically vest/convert to shares later per the plan terms. Such awards are routine for outside directors and do not, by themselves, indicate a buying or selling signal. This filing reports a derivative grant rather than an exercise or sale.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2]2026-04-13$7.03/sh+25,605$180,003→ 25,605 total→ Common Stock (25,605 underlying)
Footnotes (2)
- [F1]Restricted Stock Units ("RSU"), each equivalent to a share of the Common Stock of the Company and payable only in Common Stock, awarded pursuant to the Company's Outside Directors' Equity Participation Plan, as amended (the "Plan").
- [F2]Each RSU was valued at the fair market value (the closing market price) on the Transaction Date. Each RSU will be converted to a share of Common Stock on the earlier of one year from the date of grant and the date of the 2027 annual meeting.