Ford Insider Filing: Ford Stock Units Credited to Executive Chair William Clay Ford Jr.
Rhea-AI Filing Summary
William Clay Ford Jr., an Executive Chair and Director of Ford Motor Company (F), was credited with 63 Ford Stock Units on 09/02/2025 under the companys Deferred Compensation Plan for Non-Employee Directors. These units represent dividend equivalents in the form of Restricted Stock Units and will be converted and paid in cash on January 10 following termination of Board service based on the market value of Ford common stock at that time, with no payment required from the reporting person. After the transaction the reporting person directly beneficially owns 4,946 shares or units. The Form 4 was signed by an attorney-in-fact on 09/04/2025.
Positive
- 63 Ford Stock Units credited to William Clay Ford Jr. under the Deferred Compensation Plan
- Clear conversion timing specified: units convert and are paid in cash on January 10 following termination of Board service
- No payment required from the reporting person for the credited units
Negative
- None.
Insights
TL;DR: Routine director compensation credited as restricted stock units; no new cash outlay or exercise required.
The filing documents a common governance practice: dividend equivalents credited as restricted stock units to a long-serving board member. The disclosure specifies timing for cash conversion tied to termination of Board service and clarifies there is no payment obligation by the reporting person. This is a standard non-derivative compensation event and does not reflect a purchase or sale of common stock on the open market. From a governance perspective, the entry reinforces use of equity-linked compensation for non-employee directors.
TL;DR: Non-material holdings change: 63 units credited, leaving 4,946 shares/units beneficially owned; impact on share count is negligible.
The Form 4 reports 63 Ford Stock Units credited on 09/02/2025 under a deferred plan, convertible to cash after Board service ends. The transaction is recorded as an acquisition (crediting) of units, not an open-market trade, and the filing indicates direct beneficial ownership of 4,946 following the credit. There is no price or cash consideration reported, consistent with dividend-equivalent credits. This disclosure is routine and unlikely to be material to valuation or near-term liquidity.