secwatch.observer — SEC 8-K summary
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Issuer:     GOODYEAR TIRE & RUBBER CO /OH/ (GT)
CIK:        0000042582
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001193125-25-039404
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Goodyear amends director equity plan: annual grant raised to $180,000 from $160,000; elective deferral added
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- Annual equity grant for outside directors increased to $180,000 from $160,000 effective April 14, 2025.
- Mandatory deferral of restricted stock units replaced with elective deferral; directors may elect 25%-100% deferral.
- Restricted stock units vest on earlier of first anniversary of grant or next annual meeting.
- Deferred units converted to common stock on fifth business day of quarter following board departure.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/42582/000119312525039404/0001193125-25-039404-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/42582/000119312525039404/d854260d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-039404

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer