Geissler Werner 4
4 · GOODYEAR TIRE & RUBBER CO /OH/ · Filed Apr 15, 2026
Research Summary
AI-generated summary of this filing
Goodyear Director Werner Geissler Receives 19,047 Shares
What Happened
- Werner Geissler, a director of Goodyear Tire & Rubber Co. (GT), had 19,047 Restricted Stock Units (RSUs) vest and convert into 19,047 shares on 2026-04-13 (transaction code M).
- To cover withholding taxes, 4,572 of those shares were surrendered/withheld at an implied value of $7.03 per share for a tax withholding of $32,141 (transaction code F). Net shares received by Geissler were 14,475 (19,047 acquired minus 4,572 withheld).
- This was a vesting/award event (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-04-13; Form 4 filed 2026-04-15 (timely).
- Transaction types/codes: M = exercise/conversion of derivative (RSU conversion); F = shares withheld for tax payment.
- Price info: RSU conversion recorded at $0.00 (no exercise price); tax withholding shown at $7.03/sh for 4,572 shares = $32,141.
- Grant/award info: RSUs were granted under the Outside Directors' Equity Participation Plan; this filing represents vesting/conversion of RSUs granted April 14, 2025 (footnotes F2, F3).
- Shares owned after transaction: not specified in the provided filing details.
Context
- This was a routine director equity vesting event, not an open-market sale or purchase. The withholding of shares to cover taxes is a common, administrative step (not necessarily a market sentiment signal).
- For derivative conversions like RSU vesting, the effective "acquisition" often reflects the gross shares issued minus shares surrendered for tax withholding (a cashless-type settlement).
Insider Transaction Report
Form 4
Geissler Werner
Director
Transactions
- Exercise/Conversion
Common Stock
2026-04-13+19,047→ 69,047 total - Tax Payment
Common Stock
[F1]2026-04-13$7.03/sh−4,572$32,141→ 64,475 total - Exercise/Conversion
Restricted Stock Units
[F2][F3]2026-04-13−19,047→ 0 total→ Common Stock (19,047 underlying)
Footnotes (3)
- [F1]Shares of common stock withheld by the issuer for the payment of withholding taxes.
- [F2]Restricted Stock Units ("RSUs"), 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").
- [F3]This Form 4 represents the vesting and conversion of RSUs granted April 14, 2025.
Signature
/s/ Daniel T Young, signing as an attorney-in-fact and agent duly authorized to execute this Form 4 on behalf of Werner Geissler pursuant to a Power of Attorney dated 10/7/19, a copy of which has been previously filed with the SEC.|2026-04-15