Zamarro Christina L 4
4 · GOODYEAR TIRE & RUBBER CO /OH/ · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Goodyear (GT) CFO Christina Zamarro Converts RSUs; Shares Withheld
What Happened
- Christina Zamarro, Chief Financial Officer of Goodyear (GT), had restricted stock units (RSUs) vest and convert to common shares on Feb 27 and Mar 1, 2026. The filing shows conversions totaling 125,829 shares (59,158 on Feb 27 and 66,671 on Mar 1). To satisfy tax withholding, the issuer withheld 26,829 shares on Feb 27 ($8.25/share, $221,339) and 30,236 shares on Mar 1 ($8.25/share, $249,447) — a total of 57,065 shares withheld valued at ~$470,786. After withholding, the net shares issued to Zamarro were roughly 68,764 shares.
Key Details
- Transaction dates and prices:
- Feb 27, 2026: RSU conversion of 59,158 shares; 26,829 shares withheld for taxes at $8.25/share ($221,339).
- Mar 1, 2026: RSU conversion of 66,671 shares; 30,236 shares withheld for taxes at $8.25/share ($249,447).
- Several derivative entries show $0 price (conversion of RSUs to common stock), and some derivative “disposed” lines reflect internal conversion/recording rather than cash sales.
- Shares owned after transaction: The filing references shares allocated to a 401(k) trust per the Plan Trustee (see footnote F2). The exact total shares owned following these transactions are not specified in the summary provided; see the Form 4 for ending balances.
- Footnotes of note:
- F1: Shares withheld by the issuer to pay withholding taxes (explains the disposals at $8.25).
- F3–F5: These line items report vesting/conversion of RSUs granted Feb 27, 2023; Feb 26, 2024 (one‑third); and Feb 24, 2025 (one‑third).
- Filing timeliness: Report filed Mar 3, 2026 for transactions on Feb 27–Mar 1, 2026. This filing date is within the standard Form 4 reporting window (generally two business days) and appears timely.
Context
- These transactions reflect RSU vesting and conversion, not an open-market sale or new purchase. The withholding of shares to cover taxes is routine following RSU vesting (a form of cashless tax withholding) and does not by itself indicate a deliberate liquidity-driven sale into the market or interpersonal gifting.
- For retail investors, vesting conversions are common compensation events; purchases (insider buys) typically carry more interpretive weight regarding insider sentiment than routine tax withholding after RSU vesting.
Insider Transaction Report
Form 4
Zamarro Christina L
EVP & Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2026-02-27+59,158→ 134,267 total - Tax Payment
Common Stock
[F1]2026-02-27$8.25/sh−26,829$221,339→ 107,438 total - Exercise/Conversion
Common Stock
2026-03-01+66,671→ 174,109 total - Tax Payment
Common Stock
[F1]2026-03-01$8.25/sh−30,236$249,447→ 143,873 total - Exercise/Conversion
2022 Plan Restricted Stock Units
[F3]2026-02-27−59,158→ 0 total→ Common Stock (59,158 underlying) - Exercise/Conversion
2022 Plan Restricted Stock Units
[F4]2026-03-01−28,366→ 28,365 total→ Common Stock (28,366 underlying) - Exercise/Conversion
2022 Plan Restricted Stock Units
[F5]2026-03-01−38,305→ 76,608 total→ Common Stock (38,305 underlying)
Holdings
- 549(indirect: By 401(k))
Common Stock
[F2]
Footnotes (5)
- [F1]Shares of common stock withheld by the issuer for the payment of withholding taxes.
- [F2]Total number of shares of common stock allocated to the account of the reporting person in a Trust established under Goodyear's Employee Savings Plan for Salaried Employees, 401(k) Plan, as of February 27, 2026 as reported by the Plan Trustee.
- [F3]This Form 4 reports the vesting and conversion of Restricted Stock Units ("RSUs") granted February 27, 2023.
- [F4]This Form 4 reports the vesting and conversion of one-third of the Restricted Stock Units ("RSUs") granted February 26, 2024.
- [F5]This Form 4 reports the vesting and conversion of one-third of the Restricted Stock Units ("RSUs") granted February 24, 2025.
Signature
/s/ Daniel T Young, signing as an attorney-in-fact and agent duly authorized to execute this Form 4 on behalf of Christina L. Zamarro pursuant to a Power of Attorney dated 12/20/22, a copy of which has been previously filed with the SEC.|2026-03-03