Cooper Tire & Rubber Co: management transactions · United States · SEC (Form 4)

About Cooper Tire & Rubber Co

Cooper Tire & Rubber Co. (ticker CTB) was a U.S.-listed company on the NYSE (United States) focused on the design, manufacturing, and marketing of tires. Its roots go back to 1914, when John F. Schaefer and Claude E. Hart expanded a tire repair business and acquired The Giant Tire & Rubber Company in Akron, Ohio. The company was later incorporated in Delaware in 1930 and was headquartered in Findlay, Ohio, reflecting its long-standing presence in the American industrial Midwest. Cooper built its brand around value, durability, and dependable performance rather than premium positioning alone. ([sec.gov](https://www.sec.gov/Archives/edgar/data/24491/000002449121000011/ctb-20201231.htm?utm_source=openai)) From a business-model perspective, Cooper operated in one of the most competitive segments of the automotive supply chain. Its product line covered passenger-car, SUV/CUV, light-truck, pickup, and specialty tires, with offerings across all-season, all-terrain, sport-performance, and winter categories. Cooper’s positioning was especially strong in the replacement tire market, which is typically more recurring and margin-relevant than original equipment sales. That mix made the company attractive to consumers seeking a combination of safety, mileage, and price discipline, while also giving distributors and retailers a broad set of SKUs to serve different driving needs. ([coopertire.com](https://www.coopertire.com/en_US/tires?utm_source=openai)) Geographically, Cooper had an international operating footprint, with manufacturing and distribution capabilities across multiple countries. The company described itself as operating in 15 countries with 10 manufacturing facilities and 19 distribution centers, highlighting a meaningful industrial base for a tire producer. This global footprint mattered because tire manufacturing is capital intensive and logistically complex, requiring scale, efficient sourcing, and close proximity to end markets. Cooper’s brand recognition and channel relationships helped it compete against much larger global peers such as Goodyear, Michelin, and Bridgestone. ([sec.gov](https://www.sec.gov/Archives/edgar/data/24491/000002449121000011/ctb-20201231.htm?utm_source=openai)) The most important recent development was Cooper’s acquisition by Goodyear. Goodyear announced the deal in February 2021 and completed it on June 7, 2021. The transaction ended Cooper’s life as an independent public company, with shareholders receiving cash and Goodyear stock as consideration. For investors screening CTB today, the key point is that the equity is no longer actively listed as a standalone NYSE name; however, Cooper remains relevant as a case study in consolidation within the global tire industry and in the evolution of mid-cap industrial brands in the United States. ([news.goodyear.com](https://news.goodyear.com/goodyear-to-acquire-cooper-creating-stronger-us-based-leader-in-global-tire-industry?utm_source=openai))