Duda Laura P 4
4 · GOODYEAR TIRE & RUBBER CO /OH/ · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Goodyear (GT) SVP Laura Duda Exercises Awards, Withholds Shares for Taxes
What Happened
Laura P. Duda, Senior Vice President & Chief Communications Officer at Goodyear Tire & Rubber Co. (GT), converted/exercised equity units into 10,047 common shares on 2026-02-02. Of those shares, 5,089 were withheld by the issuer to cover withholding taxes at $9.33 per share (total value withheld ≈ $47,480). The filing also reports the conversion/disposition of the derivative award that produced the 10,047 shares.
Key Details
- Transaction date: 2026-02-02; Filing date: 2026-02-04 (appears timely).
- Exercise/conversion: 10,047 shares acquired (derivative conversion) reported at $0.00 per share (code M).
- Tax withholding: 5,089 shares disposed to satisfy tax withholding at $9.33 per share = $47,480 (code F; F1 footnote explains issuer withheld shares for taxes).
- Derivative reporting: 10,047 shares also reported as disposed (conversion of award) (code M; F2 notes conversion of 96% of base units, payable 100% in common stock).
- Shares owned after transaction: Not disclosed on the provided Form 4 excerpt.
Context
This was an equity award conversion (exercise/settlement) with a portion of shares withheld to cover taxes — a routine, non-market-sale mechanism (often called a cashless or net settlement). Withholding for taxes is common and does not necessarily indicate the insider’s view on the stock.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-02+10,047→ 67,359 total - Tax Payment
Common Stock
[F1]2026-02-02$9.33/sh−5,089$47,480→ 62,270 total - Exercise/Conversion
2022 Plan Performance Share Units
[F2]2026-02-02−10,047→ 0 total→ Common Stock (10,047 underlying)
Footnotes (2)
- [F1]Shares of common stock withheld by the issuer for the payment of withholding taxes.
- [F2]This Form 4 reports the conversion of 96% of the base number of units granted, payable 100% in common stock.