Form 4: Ford Director Kennard William E. Acquires 20,000 Restricted Stock Units

Director Kennard William E. acquired 20,000 restricted stock units of Ford Motor Co. under the company's 2024 Stock Plan for Non-Employee Directors.

Summary

• On May 15, 2025, William E. Kennard, a director of Ford Motor Co., was granted 20,000 restricted stock units (RSUs) under the company's 2024 Stock Plan for Non-Employee Directors.
• These RSUs will convert into shares of Ford common stock upon Kennard's separation from the Board.
• The price of the derivative security is $10.75.
• The reporting person directly owns 20,000 derivative securities.

Sentiment

Score: 7

Explanation: The document reflects a standard executive compensation practice, indicating a stable and well-governed company. The sentiment is neutral to positive.

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• The 2024 Stock Plan for Non-Employee Directors is designed to attract and retain qualified individuals to serve on the board.

Future Outlook

The restricted stock units will be converted into shares of Ford common stock and distributed to the reporting person following their separation from the Board.

Industry Context

This filing is a routine disclosure of stock-based compensation for a director, which is a common practice among publicly traded companies to incentivize and retain board members.

Stakeholder Impact

• The grant of restricted stock units aligns the director's interests with those of the shareholders, potentially leading to better decision-making.

Next Steps

• The reporting person will receive shares of Ford common stock following their separation from the Board.

Key Dates

Keywords

Form 4, Ford Motor Co, Director, Restricted Stock Units, Beneficial Ownership, Kennard William E, Stock Plan