Ford (NYSE: F) director receives stock unit award and exercises prior units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ford Motor Company director John B. Veihmeyer reported routine equity compensation transactions. He received an award of 25,237 Ford Stock Units valued at $13.22 per unit under the 2024 Stock Plan for Non-Employee Directors. He also exercised 36,822 Ford Stock Units into an equal number of common shares without any cash payment, settling prior restricted stock units granted under the 2014 plan. After these transactions, he directly holds 181,034 shares of common stock and 70,390 Ford Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
36,822 shares exercised/converted
Mixed
3 txns
Insider
Veihmeyer John B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ford Stock Units | 25,237 | $13.22 | $334K |
| Exercise | Ford Stock Units | 36,822 | $0.00 | -- |
| Exercise | Common Stock, $0.01 par value | 36,822 | $0.00 | -- |
Holdings After Transaction:
Ford Stock Units — 89,546 shares (Direct, null);
Common Stock, $0.01 par value — 181,034 shares (Direct, null)
Footnotes (1)
- Settlement of Restricted Stock Units into shares of Common Stock under the Company's 2014 Stock Plan for Non-Employee Directors, without payment by the Reporting Person. 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 and distributed to the Reporting Person, without payment, on the earlier of 5 years from the grant date or their separation from the Board.
Key Figures
New RSU award: 25,237 Ford Stock Units at $13.22
Units exercised: 36,822 Ford Stock Units
Common shares after: 181,034 shares
+1 more
4 metrics
New RSU award
25,237 Ford Stock Units at $13.22
Award under 2024 Stock Plan for Non-Employee Directors
Units exercised
36,822 Ford Stock Units
Converted into 36,822 common shares without payment
Common shares after
181,034 shares
Direct Ford common stock holdings after transactions
Stock units after
70,390 Ford Stock Units
Remaining Ford Stock Units after exercises
Key Terms
Ford Stock Units, Restricted Stock Units, 2014 Stock Plan for Non-Employee Directors, 2024 Stock Plan for Non-Employee Directors
4 terms
Ford Stock Units financial
"security_title: "Ford Stock Units""
Restricted Stock Units financial
"Settlement of Restricted Stock Units into shares of Common Stock"
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.
2014 Stock Plan for Non-Employee Directors financial
"under the Company's 2014 Stock Plan for Non-Employee Directors"
2024 Stock Plan for Non-Employee Directors financial
"under the Company's 2024 Stock Plan for Non-Employee Directors"
FAQ
What insider transactions did Ford (F) director John B. Veihmeyer report?
John B. Veihmeyer reported equity compensation transactions, not market trades. He exercised 36,822 Ford Stock Units into common stock and received a new award of 25,237 restricted stock units as part of Ford’s non-employee director stock plans.
What is the size and nature of the new Ford (F) stock unit award?
The director received 25,237 Ford Stock Units at a reference value of $13.22 per unit. These are restricted stock units granted under Ford’s 2024 Stock Plan for Non-Employee Directors, to be converted into common shares and delivered without payment at a future distribution event.
When will the newly awarded Ford (F) restricted stock units be delivered?
The new restricted stock units will convert into Ford common stock and be distributed without payment on the earlier of five years from the grant date or the director’s separation from the Board, according to the plan terms described in the footnote.