Ford (F) director Kennard awarded 15,727 restricted stock units as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FORD MOTOR CO director William E. Kennard received a grant of 15,727 Ford Stock Units as equity compensation. The units were awarded under the company’s 2024 Stock Plan for Non-Employee Directors at a reference price of $13.22 per unit. Following this grant, Kennard holds 55,803 Ford Stock Units directly. According to the award terms, these Restricted Stock Units will convert into an equal number of Ford common shares, without any cash payment, after he leaves the Board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kennard William E
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)
- [object Object]
Key Figures
RSU grant size: 15,727 units
Grant reference price: $13.22 per unit
Units held after grant: 55,803 units
+1 more
4 metrics
RSU grant size
15,727 units
Ford Stock Units granted to director on May 21, 2026
Grant reference price
$13.22 per unit
Reporting price for Ford Stock Unit award
Units held after grant
55,803 units
Total Ford Stock Units held directly after transaction
Underlying common shares
15,727 shares
Ford common stock issuable upon RSU conversion
Key Terms
Ford Stock Units, Restricted Stock Units, 2024 Stock Plan for Non-Employee Directors
3 terms
Ford Stock Units financial
"Award of Restricted Stock Units under the Company's 2024 Stock Plan for Non-Employee Directors."
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."
FAQ
What insider transaction did Ford (F) director William E. Kennard report?
Ford director William E. Kennard reported receiving 15,727 Ford Stock Units as an equity award. The grant is classified as a Restricted Stock Unit award under Ford’s 2024 Stock Plan for Non-Employee Directors and is not an open-market purchase or sale.
How many Ford Stock Units does William E. Kennard hold after this Form 4 filing for Ford (F)?
After the reported award, William E. Kennard holds 55,803 Ford Stock Units directly. This total includes the newly granted 15,727 units and reflects his updated equity-based compensation position as a non-employee director of Ford Motor Company.
What are the key terms of the Restricted Stock Units granted to Ford (F) director Kennard?
The filing states the Ford Stock Units are Restricted Stock Units under the 2024 Stock Plan. They will convert into shares of Ford common stock and be distributed to Kennard without payment after he separates from the Board, providing deferred equity compensation.
Is the Kennard Form 4 for Ford (F) a stock purchase or sale?
The Form 4 does not show a purchase or sale on the open market. It reports a grant of 15,727 Ford Stock Units as compensation, coded as an “A” transaction for grant or award, with no buy or sell transaction indicated in the summary data.
What is the reference price shown for William E. Kennard’s Ford (F) stock unit award?
The transaction lists a price of $13.22 per Ford Stock Unit for the 15,727-unit award. This price is a reporting value for the grant and does not indicate an open-market trade or cash paid by the director for the units.