Ford (F) director John S. Weinberg receives stock units and converts RSUs
Filing Impact
Filing Sentiment
Form Type
4
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
33,620 shares exercised/converted
Mixed
3 txns
Insider
WEINBERG JOHN S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ford Stock Units | 23,043 | $13.22 | $305K |
| Exercise | Ford Stock Units | 33,620 | $0.00 | -- |
| Exercise | Common Stock, $0.01 par value | 33,620 | $0.00 | -- |
Holdings After Transaction:
Ford Stock Units — 81,759 shares (Direct, null);
Common Stock, $0.01 par value — 234,093 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
Ford Stock Units awarded: 23,043 units
Award reference value: $13.22 per unit
RSUs settled into common stock: 33,620 shares
+2 more
5 metrics
Ford Stock Units awarded
23,043 units
Award under 2024 Stock Plan for Non-Employee Directors
Award reference value
$13.22 per unit
Ford Stock Units grant value
RSUs settled into common stock
33,620 shares
Settlement of Restricted Stock Units under 2014 plan
Common shares held after transactions
234,093 shares
Direct Ford common stock ownership after Form 4
Ford Stock Units held after transactions
64,268 units
Remaining Ford Stock Units position
Key Terms
Restricted Stock Units, Ford Stock Units, Stock Plan for Non-Employee Directors
3 terms
Restricted Stock Units financial
"Settlement of Restricted Stock Units into shares of Common Stock under the Company's 2014 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.
Ford Stock Units financial
"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"
Stock Plan for Non-Employee Directors financial
"under the Company's 2014 Stock Plan for Non-Employee Directors, without payment by the Reporting Person"
FAQ
What did Ford (F) director John S. Weinberg report in this Form 4?
John S. Weinberg reported equity compensation transactions, including an award of Ford Stock Units and the settlement of Restricted Stock Units into common shares, both received without cash payment as part of Ford’s stock plans for non-employee directors.
How many Ford Stock Units were awarded to John S. Weinberg in this filing?
Weinberg was awarded 23,043 Ford Stock Units at a reference value of $13.22 per unit under Ford’s 2024 Stock Plan for Non-Employee Directors, with distribution in common stock to occur later without any payment from him.
What Restricted Stock Units did John S. Weinberg convert into Ford common stock?
Weinberg settled 33,620 Restricted Stock Units into 33,620 shares of Ford common stock under the 2014 Stock Plan for Non-Employee Directors, with the shares delivered to him without any cash payment required.
How many Ford Stock Units does John S. Weinberg hold after the reported activity?
Following the grant and the related derivative activity, Weinberg holds 64,268 Ford Stock Units, which are scheduled to convert into Ford common stock and be distributed to him without payment at specified future service-related dates.