GOODYEAR TIRE & RUBBER CO /OH/·4

Mar 3, 6:01 PM ET

Metzelaar Don 4

Research Summary

AI-generated summary

Updated

Goodyear (GT) Sr VP Don Metzelaar Receives RSU Vesting

What Happened

  • Don Metzelaar, Senior Vice President Global Manufacturing & Supply Chain at Goodyear (GT), had one‑third of his 2/24/2025 restricted stock units (RSUs vest) convert on 2026-03-01. The filing shows a total of 20,430 RSUs converted. Of those, 10,215 shares were reported as acquired (delivered to the insider) and 3,004 shares were withheld by the issuer to cover withholding taxes (reported value $24,783 at $8.25/share). The filing also lists conversion entries for 3,065 and 7,150 shares as part of the same transaction (see key details).
  • This was an RSU vesting/conversion (award settlement), not an open‑market purchase or sale by the insider.

Key Details

  • Transaction date: 2026-03-01; Form 4 filed: 2026-03-03 (timely).
  • Transaction types/codes: M = exercise/conversion of derivative (RSU conversion); F = shares withheld for tax withholding.
  • Breakdown: total 20,430 RSUs converted (10,215 shares acquired/delivered; 3,004 shares withheld for taxes ($24,783 at $8.25); 3,065 and 7,150 shares listed as converted/disposed in the same filing).
  • Footnotes: F1 = shares withheld by issuer for taxes; F2 = this form reports vesting/conversion of one‑third of RSUs granted 2/24/2025.
  • Shares owned after the transaction: not disclosed in the provided filing.
  • Filing was timely (no late filing flag).

Context

  • This transaction reflects routine RSU vesting and issuer tax withholding (a common, non‑market liquidity action). The converted RSUs were not reported as an open‑market sale (no S code), so it’s not an indication of a voluntary sale by the insider.