Ford (NYSE: F) COO logs major stock unit awards and tax-share withholdings
Rhea-AI Filing Summary
Ford Motor Company Chief Operating Officer Ashwani Kumar Galhotra reported multiple stock-based compensation transactions. He exercised Ford Stock Units into common shares and received awards tied to the company’s long-term incentive plan.
On March 4, he acquired 234,192 Ford Restricted Stock Units granted without payment, described as a final award related to a 2023 performance-based restricted stock unit award and other grants under the long-term incentive plan. These restricted stock units are scheduled to convert into common stock over three years, with 33% after one year from the stated grant date of March 4, 2026, 66% after two years, and in full after three years.
Across March 3 and March 4, Ford withheld blocks of common shares, including 24,395, 34,077, 39,839 and 17,952 shares at prices of $12.70 and $13.39 per share, to cover income tax liabilities arising from the settlement of performance and restricted stock units. These dispositions were for tax withholding rather than open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Ford Stock Units | 55,950 | $0.00 | $0.00 |
| Exercise | Ford Stock Units | 78,157 | $0.00 | $0.00 |
| Grant/Award | Ford Stock Units | 234,192 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 par value | 55,950 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 24,395 | $12.70 | $310K |
| Exercise | Common Stock, $0.01 par value | 78,157 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 34,077 | $12.70 | $433K |
| Exercise | Ford Stock Units | 41,174 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 par value | 111,440 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 39,839 | $13.39 | $533K |
| Exercise | Common Stock, $0.01 par value | 41,174 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 17,952 | $13.39 | $240K |
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.