Form 4: Ford Director Veihmeyer Receives Dividend Equivalents in Stock Units

Director John B. Veihmeyer acquired Ford stock units representing dividend equivalents under the company's stock plans.

Summary

• John B. Veihmeyer, a director of Ford Motor Co, acquired Ford stock units as dividend equivalents.
• These units were granted under the 2014 and 2024 Stock Plans for Non-Employee Directors.
• 5,252 Ford Stock Units were acquired under the 2014 plan and 915 units under the 2024 plan on March 3, 2025.
• The units will be converted into shares of Ford common stock and distributed to Veihmeyer upon separation from the Board or 5 years from the grant date.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating stable corporate governance practices. It's a neutral event with a slightly positive implication for alignment of interests.

Positives

• The acquisition of stock units aligns the director's interests with those of the shareholders.
• The dividend equivalents are part of Ford's compensation plan for 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 grants to a company director, which is a common practice in corporate governance to align director compensation with shareholder value.

Stakeholder Impact

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

Key Dates