GOODYEAR TIRE & RUBBER CO /OH/·4

Apr 15, 8:58 PM ET

Hinrichs Joseph R 4

Research Summary

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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.