Ford (NYSE: F) chief counsel gains stock units, covers taxes with shares
Rhea-AI Filing Summary
Ford Motor Company’s Chief Policy Officer and General Counsel Steven P. Croley reported multiple equity compensation transactions. On March 3 and 4, 2026, he acquired Ford common stock through the exercise and settlement of performance and restricted stock units granted under the company’s long-term incentive plan.
To cover related income tax liabilities, the company withheld blocks of common shares at prices of $13.39 and $12.70 per share, which are reported as dispositions but do not represent open‑market sales. He also received a new grant of 149,882 Ford Stock Units, vesting 33% after one year from March 4, 2026, 66% after two years, and fully after three years, all acquired without cash payment.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 117,359 shares
Net Buy
12 txns
Insider
Croley Steven P.
Role
Chief Policy Ofcr, Gen Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Ford Stock Units | 36,471 | $0.00 | $0.00 |
| Exercise | Ford Stock Units | 60,210 | $0.00 | $0.00 |
| Grant/Award | Ford Stock Units | 149,882 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 par value | 36,471 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 15,902 | $12.70 | $202K |
| Exercise | Common Stock, $0.01 par value | 60,210 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 26,252 | $12.70 | $333K |
| Exercise | Ford Stock Units | 29,477 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 par value | 81,928 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 35,721 | $13.39 | $478K |
| Exercise | Common Stock, $0.01 par value | 29,477 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 12,852 | $13.39 | $172K |
Holdings After Transaction:
Ford Stock Units — 309,705 shares (Direct);
Common Stock, $0.01 par value — 398,827 shares (Direct)
Footnotes (5)
- F1. These shares are a final award related to a 2023 performance-based restricted stock unit award and were acquired without payment.
- F2. Shares withheld by the Company to cover income tax liabilities from the settlement of Performance Stock Units into shares of Common Stock under the Company's Long-Term Incentive Plan.
- F3. Settlement of Restricted Stock Units into shares of Ford Common Stock under the Company's Long-Term Incentive Plan.
- F4. Shares withheld by the Company to cover income tax liabilities from the settlement of Restricted Stock Units into shares of Common Stock under the Company's Long-Term Incentive Plan.
- F5. These Ford Restricted Stock Units were acquired under the Company's Long-Term Incentive Plan without payment. These Ford Restricted Stock Units will be converted and distributed, without payment, in shares of Common Stock to the extent of 33% after one year from the date of grant (03/04/2026), 66% after two years, and in full after three years.
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FAQ
What did Ford (F) executive Steven P. Croley report in this Form 4?
Steven P. Croley reported equity compensation activity, including exercises of stock units into Ford common shares and a new award of Ford Stock Units. Some common shares were withheld by the company to satisfy income tax obligations tied to these incentive plan settlements and grants.
Were Steven P. Croley’s Ford (F) transactions open-market stock sales?
No, the reported dispositions are shares withheld by Ford to cover income tax liabilities from settling performance and restricted stock units. Footnotes state these are tax-withholding events, not discretionary open-market sales initiated by the executive on a stock exchange.
What new Ford Stock Units did Steven P. Croley receive from Ford (F)?
He received a grant of 149,882 Ford Stock Units under Ford’s Long-Term Incentive Plan. According to footnotes, these units were acquired without payment and will convert into common shares in stages over three years, subject to the stated vesting schedule.
How will Steven P. Croley’s new Ford Stock Units vest over time?
The footnotes explain the 149,882 Ford Stock Units vest in tranches: 33% after one year from the March 4, 2026 grant date, 66% after two years, and 100% after three years, with distributions in Ford common stock upon vesting.
What role do performance and restricted stock units play in Ford (F) executive pay?
The transactions reference performance-based restricted stock units and restricted stock units granted under Ford’s Long-Term Incentive Plan. These awards convert into Ford common shares over time, often with shares withheld to pay taxes, aligning executive compensation with company performance and share value.
Did Steven P. Croley pay cash for the Ford (F) stock units reported?
The footnotes specify that certain Ford Stock Units and performance-based restricted stock units were acquired without payment. Instead of cash purchases, these represent equity awards and settlements provided under Ford’s Long-Term Incentive Plan as part of his executive compensation package.