Form 4: Ford Director Acquires Stock Units Under 2024 Stock Plan

Director Adriana Cisneros acquired Ford stock units under the company's 2024 Stock Plan for Non-Employee Directors.

Summary

• Adriana Cisneros, a director of Ford Motor Co, acquired 14,176 Ford Stock Units on August 26, 2024.
• The acquisition was made under the company's 2024 Stock Plan for Non-Employee Directors.
• The stock units were acquired without payment by the director and are prorated to reflect her time of service as a non-employee director in 2024.
• These units will be converted into shares of Ford Common Stock and distributed to the director on the earlier of 5 years from the grant date or separation from the Board.
• The price of the derivative security is $11.11.

Sentiment

Score: 7

Explanation: Routine transaction indicating standard compensation practices; generally neutral to slightly positive.

Positives

• The acquisition of stock units aligns the director's interests with the company's performance.
• The 2024 Stock Plan for Non-Employee Directors incentivizes board members.

Future Outlook

The Ford Stock Units will be converted into shares of Ford Common Stock and distributed to the director on the earlier of 5 years from the grant date or separation from the Board.

Industry Context

This filing is a routine disclosure of stock unit acquisition by a company director, which is a common practice in corporate governance to align the interests of directors with those of shareholders.

Corporate Governance

Stakeholder Impact

• The acquisition of stock units by a director can positively influence shareholder confidence by aligning director interests with company performance.

Key Dates