STOCK TITAN

Adriana Cisneros Receives 567 Ford Stock Units Under Director Plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Adriana Cisneros, a Ford Motor Company director, was credited with 567 Ford Stock Units on 09/02/2025 under the companys 2024 Stock Plan for Non-Employee Directors. These units represent dividend equivalents that are generally converted into shares of Ford common stock and distributed to the reporting person, without payment, on the earlier of five years from the related grant date or separation from the Board. After this transaction, the reporting person beneficially owned 44,920 shares. The Form 4 was filed as a single-person report and signed by an attorney-in-fact on 09/04/2025.

Positive

  • Director alignment: Dividend equivalents credited as restricted stock units increase the directors equity stake, aligning interests with shareholders
  • No cash outlay: Units are distributed "without payment," indicating the reporting person did not purchase shares, reflecting non-cash compensation
  • Clear vesting/distribution schedule: Units convert to shares on the earlier of five years from grant date or separation from the Board

Negative

  • None.

Insights

TL;DR: Director received 567 dividend-equivalent stock units, increasing beneficial ownership to 44,920 shares; routine non-cash compensation.

This filing documents a non-derivative grant of 567 Ford Stock Units credited as dividend equivalents under the 2024 Stock Plan for Non-Employee Directors. The units are non-cash compensation that will convert into common shares on a specified vesting/distribution schedule (earlier of five years from grant or separation). For investors, this is a routine insider holding update and aligns director compensation with shareholder outcomes without an immediate cash transfer or purchase price.

TL;DR: Governance action reflects standard director compensation mechanics; no unusual terms disclosed.

The disclosure specifies dividend equivalents credited as restricted stock units under the boards director plan, with conversion and distribution mechanics stated. The filing confirms the reporting persons status as a director and shows an incremental, non-purchased equity interest. The form is filed in compliance with Section 16 reporting requirements and was signed by an attorney-in-fact.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Cisneros Adriana

(Last) (First) (Middle)
ONE AMERICAN ROAD

(Street)
DEARBORN MI 48126

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FORD MOTOR CO [ F ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Ford Stock Units (1) 09/02/2025 A(1) 567 (1) (1) Common Stock, $0.01 par value 567 (1) 44,920 D
Explanation of Responses:
1. 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, on the earlier of 5 years from the grant date to which the dividend equivalent relates and separation from the Board.
Remarks:
Blair F. Petrillo, Attorney-in-Fact 09/04/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did Adriana Cisneros report on Form 4 for Ford (F)?

The Form 4 reports crediting of 567 Ford Stock Units as dividend equivalents under the 2024 Stock Plan for Non-Employee Directors on 09/02/2025.

How many Ford shares does the reporting person beneficially own after the transaction?

The reporting person beneficially owned 44,920 shares following the reported transaction.

Will Adriana Cisneros pay for the credited Ford Stock Units?

No. The filing states the units are distributed to the reporting person without payment on the earlier of five years from the grant date or separation from the Board.

What is the relationship of the reporting person to Ford Motor Company?

The reporting person, Adriana Cisneros, is disclosed as a Director of Ford Motor Company.

When was the Form 4 filed and signed?

The transaction date is 09/02/2025 and the Form 4 was signed by an attorney-in-fact on 09/04/2025.
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