Form 4: Ford Executive Jennifer Waldo Reports Stock Transactions
SEC Form 4 Filing
Jennifer Waldo, a Ford Motor Company executive, reported the conversion of Ford Stock Units into common stock and the withholding of shares for tax liabilities.
Summary
- On May 15, 2024, Jennifer Waldo, Chief People & E. Exp. Officer at Ford Motor Co, converted Ford Stock Units into shares of common stock under the company's Long-Term Incentive Plan.
- The transactions involved the conversion of 61,111 and 97,777 Ford Stock Units.
- Waldo acquired 61,111 and 97,777 shares of common stock as a result of these conversions.
- Additionally, 68,713 shares were withheld by the company at a price of $12.44 to cover income tax liabilities related to the vesting of common stock under the Long-Term Incentive Plan.
- Following these transactions, Waldo directly owns 172,785 shares of common stock and 124,074 and 100,742 Ford Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Positives
- The conversion of stock units into common stock indicates confidence in the company's future performance.
Future Outlook
The document does not contain any specific forward-looking statements.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of stock unit conversion and share withholding. |
| 05/17/2024 | Date of signature by Attorney-in-Fact. |
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