Goodyear Tire & Rubber CO /Oh/ 8-K Filing
Ticker: GT · Form: 8-K · Filed: Nov 3, 2025 · CIK: 42582
Sentiment: neutral
Filing Stats: 1,005 words · 4 min read · ~3 pages · Grade level 13 · Accepted 2025-11-03 16:32:29
Key Financial Figures
- $650 m — " Purchaser "), for a purchase price of $650 million, subject to adjustments in accord
- $580 m — received cash proceeds of approximately $580 million, which reflects working capital a
Filing Documents
- gt-20251031.htm (8-K) — 32KB
- q32025nrearningsrelease_day.htm (EX-99.1) — 958KB
- goodyearpressrelease-trans.htm (EX-99.2) — 30KB
- image_9a.jpg (GRAPHIC) — 509KB
- image_9b.jpg (GRAPHIC) — 509KB
- 0001628280-25-048294.txt ( ) — 2597KB
- gt-20251031.xsd (EX-101.SCH) — 2KB
- gt-20251031_lab.xml (EX-101.LAB) — 21KB
- gt-20251031_pre.xml (EX-101.PRE) — 12KB
- gt-20251031_htm.xml (XML) — 3KB
01 Completion of Acquisition or Disposition of Assets
Item 2.01 Completion of Acquisition or Disposition of Assets. 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 "). At closing, the Company received cash proceeds of approximately $580 million, which reflects working capital adjustments, including the elimination of intercompany receivables. The purchase price remains subject to customary post-closing adjustments as set forth in the Agreement. The Transaction includes the sale of assets primarily related to the Business, including the Business' chemical plants in Houston, Texas and Beaumont, Texas and a research and development facility in Akron, Ohio. In connection with the closing of the Transaction, the Company and the Purchaser have entered into certain ancillary commercial agreements, including (a) a master supply agreement, pursuant to which the Purchaser will, or will cause its affiliates to, supply to the Company or its affiliates certain polymer chemical products for a period of fifteen (15) years, (b) a transition services agreement, pursuant to which the Company will provide certain transition services to the Purchaser for a period of up to eighteen (18) months and (c) a patent and know-how license agreement, pursuant to which the Purchaser will license back to the Company certain intellectual property related to the Business for use in connection with the Company's retained businesses, subject to the terms and conditions set forth therein. Immediately prior to the closing of the Transaction, on October 30, 2025, the parties entered in
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. A copy of the News Release issued by the Company on Monday, November 3, 2025, describing its results of operations for the third quarter of 2025, is attached hereto as Exhibit 99.1.
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. A copy of the News Release issued by the Company announcing the completion of the Transaction is attached hereto as Exhibit 99.2. The information in this Item 7.01 and Exhibit 99.2 shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the " Exchange Act "), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any registration statement or other filing under the Securities Act of 1933, as amended, or the Exchange Act, except in the event that the Company expressly states that such information is to be considered filed under the Exchange Act or incorporates it by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 News Release, dated November 3, 2025 99.2 News Release, dated November 3, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. THE GOODYEAR TIRE & RUBBER COMPANY Date: November 3, 2025 By: /s/ Christina L. Zamarro Christina L. Zamarro Executive Vice President and Chief Financial Officer