Form 4: Ford Director Jon M. Huntsman Jr. Reports Acquisition of Stock Units Due to Dividend Equivalents

Director Jon M. Huntsman Jr. reports the acquisition of Ford stock units resulting from dividend equivalents under the company's stock plans.

Summary

• On September 3, 2024, Jon M. Huntsman Jr., a director of Ford Motor Co., acquired Ford stock units due to dividend equivalents credited to his account under the company's 2024 and 2014 Stock Plans for Non-Employee Directors.
• He acquired 237 Ford Stock Units under the 2024 plan and 499 Ford Stock Units under the 2014 plan.
• These stock units will generally be converted into shares of Ford common stock and distributed to him following termination of Board service, without payment.
• Following these transactions, Huntsman directly owns 17,603 Ford Stock Units under the 2024 plan and 37,064 Ford Stock Units under the 2014 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 reflects the company's commitment to compensating its non-employee directors through equity-based compensation.
• Dividend equivalents provide additional value to directors, aligning their interests with those of shareholders.

Future Outlook

The Ford Stock Units will be converted into shares of Ford common stock and distributed to the director following termination of Board service.

Industry Context

This filing is a routine disclosure related to director compensation and is common among publicly traded companies.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates