Ford (NYSE: F) awards 46,838 restricted stock units to accounting chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FORD MOTOR CO reported that Chief Accounting Officer Kyle Crockett acquired 46,838 Ford Stock Units as a grant under the company’s Long-Term Incentive Plan. The units were received without payment and are held as derivative securities.
According to the terms, these Ford Restricted Stock Units will be converted and distributed, without payment, into shares of common stock based on a time-based schedule. The footnote states that 33% of the units become deliverable after one year from the grant date of 03/04/2026, 66% after two years, and the award is fully deliverable after three years.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Crockett Kyle
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ford Stock Units | 46,838 | $0.00 | -- |
Holdings After Transaction:
Ford Stock Units — 46,838 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Ford (F) report for Kyle Crockett?
Ford reported that Chief Accounting Officer Kyle Crockett acquired 46,838 Ford Stock Units as a grant under the Long-Term Incentive Plan. These derivative units were received without payment and will later convert into shares of common stock on a defined vesting schedule.
How many Ford Stock Units were granted to the Ford (F) Chief Accounting Officer?
Kyle Crockett received a grant of 46,838 Ford Stock Units. These units are classified as Ford Restricted Stock Units and were awarded without payment under Ford’s Long-Term Incentive Plan, with future conversion into common stock subject to the stated time-based vesting terms.
What is the vesting schedule for Kyle Crockett’s Ford (F) restricted stock units?
The Ford Restricted Stock Units vest in stages: 33% become deliverable after one year from the grant date of 03/04/2026, 66% after two years, and the award is fully deliverable after three years, all converting into common stock without payment.
Were any payments made for the Ford (F) restricted stock units granted to Kyle Crockett?
No cash payment was made for this award. The filing states these Ford Restricted Stock Units were acquired without payment under Ford’s Long-Term Incentive Plan and will likewise be converted and distributed into shares of common stock without payment upon vesting.
How will Kyle Crockett’s Ford (F) restricted stock units be settled?
The Ford Restricted Stock Units will be converted and distributed into shares of Ford common stock. The settlement occurs without payment and follows the time-based schedule of 33% after one year from 03/04/2026, 66% after two years, and in full after three years.
What role does Kyle Crockett hold at Ford (F) in this Form 4 filing?
The reporting person, Kyle Crockett, is identified as Ford’s Chief Accounting Officer. The Form 4 shows his acquisition of Ford Restricted Stock Units as part of the company’s Long-Term Incentive Plan, reported as a derivative security award rather than an open-market share purchase.