Ford director gains stock via RSU awards, conversions
Ford Motor Company director John S. Weinberg reported equity compensation activity.
Rhea-AI Filing Summary
Ford Motor Company director John S. Weinberg reported equity compensation activity. He received an award of 23,043 Ford Stock Units at a reference value of $13.22 per unit under the 2024 Stock Plan for Non-Employee Directors. These units will convert into common shares and be distributed to him without payment at a future date tied to board service.
Weinberg also settled 33,620 Restricted Stock Units into the same number of Ford common shares under the 2014 Stock Plan for Non-Employee Directors, again without any cash payment. Following these transactions, he directly holds 234,093 shares of common stock and 64,268 Ford Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ford Stock Units | 23,043 | $13.22 | $305K |
| Exercise | Ford Stock Units | 33,620 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 par value | 33,620 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
Key Terms
Restricted Stock Units financial
Ford Stock Units financial
Stock Plan for Non-Employee Directors financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ford (F) director John S. Weinberg report in this Form 4?
How many Ford Stock Units were awarded to John S. Weinberg in this filing?
What Restricted Stock Units did John S. Weinberg convert into Ford common stock?
How many Ford Stock Units does John S. Weinberg hold after the reported activity?
AI-generated analysis. How Rhea-AI works. Not financial advice.