Helsel Christopher P 4

What Happened
Christopher P. Helsel, Senior Vice President & Chief Technology Officer of Goodyear (GT), converted/ exercised equity awards into 23,865 shares on Feb 2, 2026. No cash exercise price was paid (exercise price $0). To satisfy withholding taxes, 11,530 of those shares were withheld by the issuer (sell-to-cover), with the withheld shares valued at approximately $107,575 (11,530 × $9.33). Net shares issued to Helsel after withholding were 12,335 shares.

Key Details

• Transaction date: 2026-02-02; Form 4 filed 2026-02-04. No late filing indicated in the data provided.
• Reported actions/codes: M = exercise/conversion of derivative (23,865 shares); F = shares withheld for tax withholding (11,530 shares).
• Price reported for withholding: $9.33 per share; withheld shares value ≈ $107,575. Exercise/conversion listed with $0 exercise price.
• Net shares received by insider: 12,335 (23,865 converted − 11,530 withheld).
• Footnotes: F1 — shares withheld by issuer to pay withholding taxes. F2 — conversion represents 96% of the base number of units granted, payable 100% in common stock.
• Shares owned after the transaction: not disclosed in the supplied filing details.

Context
This was an equity award conversion (exercise/conversion of derivative awards), not an open-market purchase or voluntary sale of existing shares. The withholding of shares to cover taxes (a sell-to-cover) is a routine administrative step and does not necessarily signal the insider’s view on the company’s stock. For retail investors, purchases are generally more informative about insider bullishness; conversions and tax-withholding events are common compensation mechanics.