Helsel Christopher P 4
4 · GOODYEAR TIRE & RUBBER CO /OH/ · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Goodyear (GT) Sr. VP Christopher Helsel Receives RSU Shares
What Happened
Christopher P. Helsel, Senior Vice President & Chief Technology Officer at Goodyear (GT), had restricted stock units (RSUs) vest and convert into common shares. On Feb 27 and Mar 1, 2026 he converted a total of 63,484 RSUs into shares (37,467 on Feb 27 and 26,017 on Mar 1). To cover required withholding taxes, the company withheld 16,992 shares on Feb 27 (valued at $8.25 each, $140,184) and 11,800 shares on Mar 1 (valued at $8.25 each, $97,350) — a total of 28,792 shares withheld (~$237,534). The conversions are reported as derivative exercises/conversions (code M) and the withholding is reported with code F.
Key Details
- Transaction dates: 2026-02-27 and 2026-03-01; filing date: 2026-03-03. The form does not indicate a late filing.
- Conversion details: 37,467 RSUs converted 2/27/26; 26,017 RSUs converted 3/1/26. Several conversion lines reflect RSUs from different grant years (see footnotes).
- Tax withholding: 16,992 shares withheld at $8.25 on 2/27/26 ($140,184) and 11,800 shares withheld at $8.25 on 3/1/26 ($97,350). Withheld shares were surrendered to pay withholding tax (code F).
- Shares owned after transaction: Not stated in the Form 4 filing.
- Footnotes: F1 = shares withheld for taxes; F2 = vesting/conversion of RSUs granted 2/27/2023; F3 = one-third of RSUs granted 2/24/2025; F4 = one-third of RSUs granted 2/26/2024.
Context
These transactions reflect routine RSU vesting and conversion, not open-market purchases or discretionary sales. The withholding of shares to cover taxes is a common cashless mechanism when RSUs vest — it reduces the net shares received but does not necessarily signal a change in insider sentiment.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-27+37,467→ 140,789 total - Tax Payment
Common Stock
[F1]2026-02-27$8.25/sh−16,992$140,184→ 123,797 total - Exercise/Conversion
Common Stock
2026-03-01+26,017→ 149,814 total - Tax Payment
Common Stock
[F1]2026-03-01$8.25/sh−11,800$97,350→ 138,014 total - Exercise/Conversion
2022 Plan Restricted Stock Units
[F2]2026-02-27−37,467→ 0 total→ Common Stock (37,467 underlying) - Exercise/Conversion
2022 Plan Restricted Stock Units
[F3]2026-03-01−12,258→ 24,514 total→ Common Stock (12,258 underlying) - Exercise/Conversion
2022 Plan Restricted Stock Units
[F4]2026-03-01−13,759→ 13,759 total→ Common Stock (13,759 underlying)
Footnotes (4)
- [F1]Shares of common stock withheld by the issuer for the payment of withholding taxes.
- [F2]This Form 4 reports the vesting and conversion of Restricted Stock Units ("RSUs") granted February 27, 2023.
- [F3]This Form 4 reports the vesting and conversion of one-third of the Restricted Stock Units ("RSUs") granted February 24, 2025.
- [F4]This Form 4 reports the vesting and conversion of one-third of the Restricted Stock Units ("RSUs") granted February 26, 2024.