Form 4: Lynn Radakovich Receives RSUs Under Ford Non-Employee Director Plans
Rhea-AI Filing Summary
Ford Motor Company director Lynn V. Radakovich was credited with restricted stock units (RSUs) as dividend equivalents on 09/02/2025. The filing reports two separate credits: 495 Ford Stock Units under the 2024 Stock Plan for Non-Employee Directors and 2,456 Ford Stock Units under the 2014 Stock Plan for Non-Employee Directors. The RSUs are described as dividend equivalents that will generally convert into shares of Ford common stock and be distributed to the reporting person, without payment, following termination of Board service. After these credits, the filing shows 39,185 and 194,295 shares beneficially owned for the respective plans.
Positive
- Credited dividend equivalents as Restricted Stock Units under the 2024 Stock Plan for Non-Employee Directors (495 units).
- Credited dividend equivalents as Restricted Stock Units under the 2014 Stock Plan for Non-Employee Directors (2,456 units).
- Disclosure increases reported beneficial ownership with post-transaction balances of 39,185 and 194,295 shares shown.
Negative
- None.
Insights
TL;DR: Routine crediting of dividend equivalents to a director as RSUs; standard compensation practice for non-employee directors.
The Form 4 documents non-cash compensation events for a director rather than open-market trades. Crediting of dividend equivalents as RSUs under the companys non-employee director plans increases reported beneficial ownership but does not involve a purchase price or immediate share transfer. These Units are described as converting into common stock and distributed after Board service ends, indicating they are time- or service-contingent awards rather than liquid share issuances today. For investors, this is a governance/compensation disclosure and not an executed sale or purchase of shares on the market.
TL;DR: Non-derivative credits recorded; disclosure affects insider holdings totals but is not a market transaction.
The filing reports two separate RSU credits dated 09/02/2025 totaling 2,951 Ford Stock Units. The transaction codes indicate acquisition via company plan mechanics. Reported post-transaction beneficial ownership balances are 39,185 and 194,295 for the two plan accounts shown. Because the units are payable following termination of board service and were credited as dividend equivalents, there is no change to outstanding common shares as a market trade today. This is a routine disclosure required under Section 16 rules.