KOELLNER LAURETTE T 4
4 · GOODYEAR TIRE & RUBBER CO /OH/ · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
Goodyear (GT) Director Laurette Koellner Receives RSU Award
What Happened
Laurette T. Koellner, a director of Goodyear Tire & Rubber Co. (GT), was granted 25,605 restricted stock units (RSUs) on 2026-04-13. Each unit was valued at $7.03 (closing market price on the transaction date), for a total grant value of $180,003. This was an award under the company’s Outside Directors’ Equity Participation Plan — a compensation grant, not an open‑market purchase.
Key Details
- Transaction date and type: 2026-04-13 — Grant/Award (Code A) of 25,605 RSUs at $7.03 each; total $180,003.
- Shares owned after transaction: The filing does not list total common shares owned outright; footnote F3 indicates the filing reports total units accrued to the reporting person’s deferred equity account as of the statement date.
- Vesting/conversion: Each RSU equals one share and will be payable only in Common Stock; RSUs are converted to shares on the fifth business day of the calendar quarter following the quarter of the director’s separation from board service (F1, F2).
- Valuation: Each RSU was valued at the fair market (closing) price on the transaction date (F2).
- Timeliness: Form 4 filed 2026-04-15 for a 2026-04-13 grant — appears to be filed within the usual 2-business-day reporting window; no late-filing indication in the report.
Context
This was a standard director compensation award (RSUs) under Goodyear’s outside directors plan — a non-cash, deferred equity grant rather than a market purchase or sale. For retail investors, such grants are routine compensation and reflect board pay practices; they are not a direct buy/sell signal about the director’s personal market view.
Insider Transaction Report
- Award
Restricted Stock Units
[F1][F2][F3]2026-04-13$7.03/sh+25,605$180,003→ 163,204 total→ Common Stock (25,605 underlying)
Footnotes (3)
- [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"), and accrued to the Restricted Stock Unit Deferral Account of the reporting person in accordance with 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 fifth business day of the calendar quarter following the quarter of the Director's separation from Board service.
- [F3]Total units accrued to the deferred equity accounts of the reporting person as of the date of this statement.