Ford (F) director Kennard granted new stock units as board compensation
Rhea-AI Filing Summary
Ford Motor Company director William E. Kennard received additional equity-based compensation in the form of Ford Stock Units. On June 1, 2026, he was granted 2,196 Ford Stock Units tied to Ford common stock under the company’s 2024 stock plan for non-employee directors and 362 Ford Stock Units under the 2014 stock plan for non-employee directors, both at a price of $0.00 per unit as compensation rather than a market purchase. Following these awards, his reported holdings increased to 245,619 Ford Stock Units under the 2024 plan and 56,165 Ford Stock Units under the 2014 plan. According to the footnotes, these units represent credited dividend equivalents in the form of restricted stock units that will generally convert into shares of Ford common stock and be distributed to him, without payment, after his board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ford Stock Units | 362 | $0.00 | $0.00 |
| Grant/Award | Ford Stock Units | 2,196 | $0.00 | $0.00 |
Footnotes (2)
- F1. Crediting of dividend equivalents in the form of Restricted Stock Units, under the Company's 2024 Stock Plan for Non-Employee Directors. In general, these Units will be converted into shares of Ford Common Stock and distributed to the Reporting Person, without payment, following termination of Board service.
- F2. Crediting of dividend equivalents in the form of Restricted Stock Units, under the Company's 2014 Stock Plan for Non-Employee Directors. In general, these Units will be converted into shares of Ford Common Stock and distributed to the Reporting Person, without payment, following termination of Board service.
Key Figures
Key Terms
Ford Stock Units financial
Restricted Stock Units financial
dividend equivalents financial
Stock Plan for Non-Employee Directors financial
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