Michael Wessel - Apr 8, 2024 Form 4 Insider Report for GOODYEAR TIRE & RUBBER CO /OH/ (GT)

Role
Director
Signature
/s/ Daniel T Young, signing as an attorney-in-fact and agent duly authorized to execute this Form 4 on behalf of Michael Wessel pursuant to a Power of Attorney dated 10/7/19, a copy of which has been previously filed with the SEC.
Stock symbol
GT
Transactions as of
Apr 8, 2024
Transactions value $
$160,002
Form type
4
Date filed
4/10/2024, 03:46 PM
Previous filing
Apr 12, 2023

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GT Restricted Stock Units Award $160K +12.2K +8.26% $13.13 160K Apr 8, 2024 Common Stock 12.2K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Units ("RSU"), 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"), and accrued to the Equity Participation Account of the reporting person in accordance with the Plan.
F2 Each RSU was valued at the fair market value (the closing market price) on the Transaction Date. Each RSU will be converted to a share of Common Stock on the fifth business day of the calendar quarter following the quarter of the Director's separation from Board service.
F3 Total RSUs accrued to the Equity Participation Account of the reporting person as of the date of this statement.