Form 4: Ford Director John S. Weinberg Reports Acquisition of Stock Units Through Dividend Equivalents

Director John S. Weinberg reports the acquisition of Ford stock units resulting from dividend equivalents under the company's stock plans.

Summary

• On September 3, 2024, John S. Weinberg, a director of Ford Motor Co, acquired Ford stock units due to dividend equivalents credited to his account under the company's 2014 and 2024 stock plans for non-employee directors.
• He acquired 2,034 Ford Stock Units under the 2014 plan and 347 Ford Stock Units under the 2024 plan.
• These units will generally be converted into shares of Ford common stock and distributed to him on the earlier of 5 years from the grant date or separation from the Board.
• Following these transactions, Weinberg directly owns 150,975 Ford Stock Units under the 2014 plan and 25,791 Ford Stock Units under the 2024 plan.

Sentiment

Score: 7

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

Positives

• The acquisition of stock units through dividend equivalents aligns the director's interests with those of the shareholders.
• The stock plans incentivize directors to contribute to the long-term success of the company.

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 related to director compensation and stock ownership, common among publicly traded companies like Ford.

Stakeholder Impact

• The acquisition of stock units by a director can positively influence shareholder confidence by aligning management's interests with theirs.

Key Dates