Ford director awarded 4,807 stock units
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Rhea-AI Filing Summary
Ford Motor Company director John L. Thornton reported acquiring 4,807 Ford Stock Units through a grant classified as a “grant, award, or other acquisition.” The units were credited at a price of $0.0000 per unit, bringing his total directly held Ford Stock Units to 439,860.
According to the footnote, these units represent dividend equivalents credited under Ford’s Deferred Compensation Plan for Non-Employee Directors, without any payment by him. They are scheduled to be converted and distributed to him in cash on January 10th of the year following his termination of Board service, based on the then-current market value of Ford common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ford Stock Units | 4,807 | $0.00 | $0.00 |
Footnotes (1)
- F1. These Ford Stock Units result from dividend equivalents credited to my account by the Company, without payment by me, under the Company's Deferred Compensation Plan for Non-Employee Directors. In general, these Ford Stock Units will be converted and distributed to me, without payment, in cash, on January 10th of the year following termination of Board service, based upon the then current market value of a share of Common Stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Ford (F) director John L. Thornton report?
How many Ford Stock Units does John L. Thornton hold after this Form 4?
Did John L. Thornton pay for the 4,807 Ford Stock Units reported in this filing for Ford (F)?
When will John L. Thornton receive cash for his Ford (F) deferred stock units?
What plan governs the Ford Stock Units reported by John L. Thornton for Ford (F)?
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