Form 4: Ford Director Lynn Vojvodich Radakovich Reports Acquisition of Ford Stock Units Due to Dividend Equivalents

Director Lynn Vojvodich Radakovich reported the acquisition of 4,546 Ford Stock Units due to dividend equivalents credited under the company's 2014 Stock Plan for Non-Employee Directors.

Summary

• On March 1, 2024, Lynn Vojvodich Radakovich, a director of Ford Motor Co, acquired 4,546 Ford Stock Units.
• These units were obtained as a result of dividend equivalents credited to her account under the company's 2014 Stock Plan for Non-Employee Directors.
• The acquisition did not involve any payment by the director.
• Following the transaction, Radakovich directly owns 176,077 Ford Stock Units.
• These units will generally be converted into shares of Ford common stock and distributed to her after termination of Board service.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a routine transaction related to director compensation, indicating alignment of interests and continued participation in the company's equity.

Positives

• The acquisition of stock units reflects continued alignment of the director's interests with those of the company and its shareholders.
• The dividend equivalents credited under the 2014 Stock Plan for Non-Employee Directors incentivize long-term commitment and performance.

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 of changes in beneficial ownership by a company insider, as required by the SEC. It reflects ongoing compensation and incentive programs for board members.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It reflects the ongoing compensation structure for non-employee directors, which is designed to align their interests with those of shareholders.

Key Dates