Gray Nicole 4

What Happened

• Nicole Gray, Senior Vice President and Chief Human Resources Officer at Goodyear (GT), reported the vesting and conversion of restricted stock units (RSUs) on 2026-03-01. A total of 15,080 shares were issued upon conversion. The issuer withheld 6,840 shares to cover withholding taxes at $8.25/share (value $56,430), leaving approximately 8,240 shares delivered to Gray.
• Transaction codes: M = conversion/exercise of derivative (RSU conversion), F = shares withheld to pay tax withholding. These were not open-market purchases or opportunistic sales by the insider.

Key Details

• Transaction date: 2026-03-01; Form 4 filed 2026-03-03 (timely — within the two-business-day Form 4 window).
• Shares issued on conversion: 15,080 total.
• Tax withholding: 6,840 shares withheld at $8.25/share = $56,430.
• Net shares issued to insider (approx.): 15,080 − 6,840 = 8,240 shares.
• Footnotes: F2 = vesting/conversion of one-third of RSUs granted Feb 24, 2025; F3 = vesting/conversion of one-third of RSUs granted Feb 26, 2024. F1 explains shares were withheld to satisfy tax withholding.
• Shares owned after the transaction: not disclosed in the provided filing excerpt.

Context

• This was a routine RSU vesting/conversion event, not a market purchase or sale signal. The withholding of shares to cover taxes is a common administrative step when equity awards vest (cashless tax withholding). No open-market sale by the insider is indicated in the provided entries.