Form 4: William Helman Receives 699 Ford Stock Units; Holdings Now 55,520
Rhea-AI Filing Summary
William W. Helman, a Ford Motor Company director, was credited with 699 Ford Stock Units on 09/02/2025 under the Company’s Deferred Compensation Plan for Non-Employee Directors. These units represent dividend equivalents in the form of Restricted Stock Units and increase his reported direct beneficial ownership to 55,520 shares. The filing states these Units are generally converted and paid in cash on January 10th following termination of Board service, based on the market value at that time, with no payment required by the reporting person. The Form 4 was signed by an attorney-in-fact on 09/04/2025.
Positive
- Credited 699 Ford Stock Units as dividend equivalents under the Deferred Compensation Plan
- Reported direct beneficial ownership increased to 55,520 shares
- Clear payout timing disclosed: conversion and cash distribution on January 10 following termination of Board service
Negative
- None.
Insights
TL;DR: Routine director compensation credited as restricted stock units; increases reported holdings but poses no immediate dilution or cash payment by the director.
This Form 4 documents a customary in-kind crediting of dividend equivalents for a non-employee director under Ford’s deferred compensation plan. The 699 Ford Stock Units are Restricted Stock Units that will be converted to cash upon cessation of board service, per the plan terms disclosed in the filing. The event is a compensation accounting occurrence rather than an open-market purchase or sale, and it raises the reporting person’s direct beneficial ownership to 55,520 shares. There is no exercise price and no cash outlay by the director reported.
TL;DR: Non-material insider crediting increases reported holdings marginally; not a market-moving transaction.
The transaction code and explanation identify this as the crediting of dividend equivalents in RSU form (699 units). Such credits are routine compensation for non-employee directors and do not reflect a purchase or sale that would directly affect float or immediate liquidity. The filing provides clear conversion and distribution timing (cash on January 10 following board service termination) and confirms the change in beneficial ownership to 55,520 shares. This disclosure meets Section 16 reporting requirements without indicating material change to corporate control or significant insider trading activity.