---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-048294"
form_type: "8-K"
ticker: "GT"
cik: "0000042582"
company_name: "GOODYEAR TIRE & RUBBER CO /OH/"
filed_at: "2025-11-03T23:59:59+00:00"
generated_at: "2026-05-17T00:58:57.515622+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Goodyear completes chemical business sale for $650M; Q3 net loss $2.2B on $4.6B revenue

## Summary
- Net loss $2.2B ($7.62/share) includes $1.4B deferred tax valuation allowance and $674M goodwill impairment.
- Adjusted net income $82M ($0.28 EPS) vs $102M ($0.36) a year ago; segment operating income $287M down from $346M.
- Goodyear Forward delivered $185M segment operating income benefit in Q3; expects ~$1.5B annualized run-rate by year-end 2025.
- Chemical business sale closed Oct 31 for $650M; cash proceeds $580M after working capital adjustments.
- Total divestiture proceeds ~$2.2B used for debt reduction; all planned asset sales now completed.

## SEC filing metadata
- accession: 0001628280-25-048294
- form_type: 8-K
- ticker: GT
- cik: 0000042582
- company_name: GOODYEAR TIRE & RUBBER CO /OH/
- filed_at: 2025-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/42582/000162828025048294/0001628280-25-048294-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/42582/000162828025048294/gt-20251031.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-048294
- JSON: https://secwatch.observer/filing/0001628280-25-048294.json
- Plain text: https://secwatch.observer/filing/0001628280-25-048294.txt

## Source-grounded claims
- claim_id: ddac2eb4f7e448135202cb434641d8e6c7b7cf6c
  claim: GOODYEAR TIRE & RUBBER CO /OH/ completed a disposition involving G-3 Chickadee Purchaser, LLC for $650 million (closed 2025-10-31).
  evidence_excerpt: On October 31, 2025, The Goodyear Tire & Rubber Company, an Ohio corporation (the “ Company ”), completed the previously announced sale of its polymer chemical business (the “ Business ”) to G-3 Chickadee Purchaser, LLC, a Delaware limited liability company (the “ Purchaser ”), for a purchase price of $650 million, subject to adjustments in accordance with the terms of the Asset Purchase Agreement dated as of May 22, 2025 (as amended, the “ Agreement ”), by and between the Company and the Purchaser (the “ Transaction ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/42582/000162828025048294/0001628280-25-048294-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.