Form 4: Ford Executive Michael Amend Reports Stock Transactions
SEC Filing
Chief Enterprise Technology Officer Michael Amend reports the conversion of Ford Stock Units and withholding of shares for tax liability.
Summary
- Michael Amend, Chief Enterprise Technology Officer of Ford Motor Co, reported transactions involving Ford stock on February 15, 2025.
- He converted 79,872 Ford Stock Units into shares of Common Stock under the Company's Long-Term Incentive Plan.
- The company withheld 23,535 shares at a price of $9.48 to cover income tax liability related to the vesting of Common Stock.
- Following these transactions, Amend directly owns 531,819 shares of Ford Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock. This filing indicates activity related to executive compensation and tax obligations.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation activities.
Key Dates
| Date | Description |
|---|---|
| 02/15/2025 | Date of stock unit conversion and tax withholding. |
| 02/14/2025 | Date used to determine the closing price of Ford Common Stock for tax withholding. |
| 02/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Ford, Stock Units, Common Stock, Insider Trading, Amend, Executive Compensation
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