Ford (NYSE: F) awards 15,727 restricted stock units to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ford Motor Co director Jon M. Huntsman Jr. received an award of 15,727 Ford Stock Units as compensation under the company’s 2024 Stock Plan for Non-Employee Directors. These restricted stock units will convert into shares of Ford common stock and be delivered to him without payment after he leaves the board. Following this grant, he directly holds 55,803 Ford Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Huntsman Jon M Jr
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ford Stock Units | 15,727 | $13.22 | $208K |
Holdings After Transaction:
Ford Stock Units — 55,803 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 15,727 units
Reported unit value: $13.22 per unit
Holdings after grant: 55,803 units
+1 more
4 metrics
RSU grant size
15,727 units
Restricted Stock Units awarded to Jon M. Huntsman Jr.
Reported unit value
$13.22 per unit
Transaction price per Ford Stock Unit in the Form 4
Holdings after grant
55,803 units
Total Ford Stock Units directly held post-transaction
Underlying common stock
15,727 shares
Common Stock issuable upon conversion of the awarded units
Key Terms
Restricted Stock Units, 2024 Stock Plan for Non-Employee Directors, Ford Stock Units
3 terms
Restricted Stock Units financial
"Award of Restricted Stock Units under the Company's 2024 Stock Plan for Non-Employee Directors."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2024 Stock Plan for Non-Employee Directors financial
"Award of Restricted Stock Units under the Company's 2024 Stock Plan for Non-Employee Directors."
Ford Stock Units financial
"Award of Restricted Stock Units under the Company's 2024 Stock Plan for Non-Employee Directors. These Units will be converted into shares of Ford Common Stock"
FAQ
What insider transaction did Ford (F) director Jon M. Huntsman Jr. report?
Jon M. Huntsman Jr. reported receiving 15,727 Ford Stock Units as a grant under Ford’s 2024 Stock Plan for Non-Employee Directors. This is a compensation-related award of restricted stock units, not an open-market purchase or sale of Ford common stock.
How many Ford Stock Units does Jon M. Huntsman Jr. hold after this Form 4 filing for F?
After the reported award, Jon M. Huntsman Jr. holds 55,803 Ford Stock Units directly. This total reflects the newly granted 15,727 units added to his prior holdings, as shown in the post-transaction balance disclosed in the Form 4 filing.
What are the terms of the restricted stock units granted to the Ford (F) director?
The award consists of restricted stock units that will convert into Ford common stock and be distributed to Jon M. Huntsman Jr. without payment. Distribution occurs following his separation from the board, aligning the compensation with his continued service as a non-employee director.
Is the Ford (F) director’s Form 4 transaction an open-market buy or sell?
The transaction is not an open-market buy or sell. It is coded as an “A” transaction, meaning a grant or award acquisition of 15,727 Ford Stock Units as director compensation, rather than a discretionary trade in Ford Motor Co’s common stock on the open market.
What price per unit is associated with Jon M. Huntsman Jr.’s Ford Stock Units grant?
The filing lists a transaction price of $13.22 per Ford Stock Unit for the 15,727-unit grant. This figure is used for reporting value in the Form 4 and does not represent cash paid by the director, as the award is granted without purchase.