Adriana Cisneros Receives 567 Ford Stock Units Under Director Plan
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.