Phillips David Emmitt 4

What Happened David Emmitt Phillips, Senior Vice President and Chief Legal Officer of Goodyear Tire & Rubber (GT), had restricted stock units (RSUs) vest and convert to common stock on Feb 27 and Mar 1, 2026. The filing shows conversion/acquisition of 19,720 shares (2/27) and 33,627 shares (3/1) at $0.00 (RSU conversion). To cover withholding taxes, the issuer withheld/disposed 8,944 shares (2/27) for $73,788 and 15,251 shares (3/1) for $125,821 — totaling 24,195 shares and $199,609. The Form 4 also reports related derivative conversion/dispositions tied to those RSU grants.

Key Details

• Transaction dates: Feb 27, 2026 and Mar 1, 2026.
• Prices: RSU conversions reported at $0.00 (code M); tax-withholding disposals at $8.25 per share (code F), totaling $73,788 and $125,821.
• Shares acquired via RSU conversion: 19,720 + 33,627 = 53,347 shares.
• Shares withheld/sold for taxes: 8,944 + 15,251 = 24,195 shares (~$199,609).
• Net new shares after withholding (approx.): 53,347 − 24,195 = 29,152 shares added to position.
• Footnotes: F1 = shares withheld by issuer to pay withholding taxes; F2–F4 = vesting/conversion of RSUs granted 2/27/2023, 2/26/2024 (one‑third), and 2/24/2025 (one‑third).
• Timeliness: Reported on Mar 3, 2026 for transactions on Feb 27 and Mar 1 — filed within the Form 4 two-business-day window.

Context This was primarily RSU vesting and conversion rather than an open-market purchase or discretionary sale. The withholding of shares to cover tax obligations (code F) is routine and does not necessarily indicate a change in insider sentiment. The filing shows conversions of multi-year RSU grants (2023–2025); derivative-code entries reflect the mechanics of converting those awards into common stock. The Form 4 does not disclose total shares Phillips owns after these transactions.