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

Ford Motor Company director Beth E. Mooney acquired 17,366 Ford Stock Units under the company's 2024 Stock Plan for Non-Employee Directors.

Summary

• On May 16, 2024, Beth E. Mooney, a director of Ford Motor Company, acquired 17,366 Ford Stock Units under the company's 2024 Stock Plan for Non-Employee Directors.
• These stock units will convert into shares of Ford common stock upon termination of Board service, without any payment required from Ms. Mooney.
• The price of the underlying common stock at the time of acquisition was $12.38.
• Ms. Mooney also has a Power of Attorney designating several individuals to act on her behalf in matters related to SEC filings.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction (director stock unit acquisition) which is generally viewed neutrally to positively as it aligns director interests with shareholders. The sentiment is therefore moderately positive.

Positives

• The acquisition of stock units by a director signals confidence in the company's future.
• The 2024 Stock Plan for Non-Employee Directors incentivizes board members to align with shareholder interests.

Future Outlook

The stock units will be converted into shares of Ford Common Stock and distributed to Ms. Mooney following termination of Board service.

Industry Context

Director stock acquisitions are common in publicly traded companies as a way to align the interests of management and shareholders. These acquisitions are often part of a broader compensation package.

Comparison to Industry Standards

• Director compensation packages, including stock options and restricted stock units, are standard practice among publicly traded companies like Ford, General Motors, and Tesla.
• The specific terms of Ford's 2024 Stock Plan for Non-Employee Directors would need to be compared to similar plans at peer companies to assess its competitiveness and alignment with industry norms.

Stakeholder Impact

• The acquisition of stock units by a director can positively influence shareholder sentiment, as it demonstrates confidence in the company's future performance.

Key Dates