Snyder Margaret V 4

What Happened

• Margaret V. Snyder, Vice President and Controller of Goodyear Tire & Rubber Co. (GT), converted/ exercised 4,333 derivative units into common shares on February 2, 2026. The filing shows the conversion at $0.00 per share (reported as acquisition). To satisfy withholding tax obligations, 2,186 of those shares were withheld by the issuer (reported as a disposition) at an implied value of $9.33 per share, totaling $20,395. The filing also reports a second derivative conversion entry for 4,333 shares (reported as a derivative disposition) consistent with the conversion reporting.

Key Details

• Transaction date: February 2, 2026.
• Reported entries: M (exercise/conversion) — 4,333 shares acquired at $0.00; F (tax withholding) — 2,186 shares disposed at $9.33 each, $20,395; additional M entry listed for 4,333 shares as derivative disposition (see filing).
• Shares owned after the transaction: not specified in the provided summary of the filing.
• Footnotes of note:
  • F1: Shares withheld by the issuer to pay withholding taxes.
  • F2: Notes allocation to the reporting person’s spouse under Goodyear’s salaried 401(k) plan as reported by the Plan Trustee.
  • F3: Reports conversion of 96% of the base number of units granted, payable 100% in common stock.
• Filing timeliness: Reported on Feb 4, 2026 for Feb 2 transactions — filed within the usual 2-business-day Form 4 window (timely).

Context

• This appears to be a stock-settlement/conversion of equity awards rather than an open-market purchase or sale. The withholding of 2,186 shares to cover taxes is a routine cashless-like tax withholding and should not be read as an independent market sale decision. The filing simply documents conversion of awards and tax withholding; it does not state an intent to buy or sell additional shares.