Form 4: Ford Director John S. Weinberg Reports Stock Unit Acquisition

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

Summary

• On March 3, 2025, John S. Weinberg, a director of Ford Motor Co, acquired Ford stock units as a result of dividend equivalents credited to his account under the company's 2014 and 2024 stock plans for non-employee directors.
• Weinberg acquired 4,889 Ford Stock Units under the 2014 plan and 835 Ford Stock Units under the 2024 plan.
• These stock units will generally be converted into shares of Ford common stock and distributed to Weinberg on the earlier of 5 years from the grant date or separation from the Board.
• Following these transactions, Weinberg directly owns 157,927 Ford Stock Units related to the 2014 plan and 26,978 Ford Stock Units related to the 2024 plan.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard director compensation practices and alignment of interests. There are no indications of negative events or concerns.

Positives

• The acquisition of stock units reflects continued alignment of director compensation with company performance.
• The dividend equivalent program incentivizes long-term commitment from non-employee directors.

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 acquisitions by a company director, which is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Comparison to Industry Standards

• Director compensation packages often include stock and stock units to incentivize performance and align interests with shareholders, similar to practices at General Motors and Stellantis.
• Dividend equivalent programs are a fairly standard component of equity compensation plans for non-employee directors across the automotive industry.

Stakeholder Impact

• The acquisition of stock units by a director can positively influence shareholder confidence by demonstrating alignment of interests.

Key Dates