Form 4: Ford Director Casiano Kimberly A. Reports Acquisition of Ford Stock Units

Director Kimberly A. Casiano reported the acquisition of Ford Stock Units due to dividend equivalents credited to her account.

Summary

• On March 1, 2024, Kimberly A. Casiano, a director of Ford Motor Co, acquired Ford Stock Units through dividend equivalents.
• 5,975 Ford Stock Units were acquired under the 2014 Stock Plan for Non-Employee Directors.
• 4,860 Ford Stock Units were acquired under the Deferred Compensation Plan for Non-Employee Directors.
• The price for both transactions was $0.
• Following these transactions, Casiano directly owns 231,415 Ford Stock Units under the 2014 Stock Plan and 188,683 Ford Stock Units under the Deferred Compensation Plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard compensation practices and alignment of director interests with shareholders.

Positives

• The acquisition of stock units reflects continued alignment of the director's interests with those of the company and its shareholders.

Future Outlook

Ford Stock Units acquired under the 2014 Stock Plan will be converted into shares of Ford common stock and distributed to the director following termination of Board service. Ford Stock Units acquired under the Deferred Compensation Plan will be converted and distributed in cash on January 10th of the year following termination of Board service, based upon the then current market value of a share of Common Stock.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The acquisition of stock units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's performance.

Key Dates