Form 4: Ford Executive Peter Stern Reports Stock Transactions

Ford Motor Company executive Peter Stern reports the conversion of stock units and withholding of shares for tax liabilities.

Summary

• Peter Stern, a Ford Motor Company executive, reported transactions involving Ford stock on August 15, 2024.
• Stern converted 166,945 Ford Stock Units into shares of Common Stock under the Company's Long-Term Incentive Plan.
• The company withheld 74,041 shares at a price of $10.18 to cover income tax liabilities related to the vesting of Common Stock under the Long-Term Incentive Plan.
• Following these transactions, Stern directly owns 92,904 shares of Ford common stock and 166,944 Ford Stock Units.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency into the executive's holdings and transactions in the company's stock.

Comparison to Industry Standards

• Executive compensation packages often include stock options and restricted stock units to align management's interests with those of shareholders.
• The vesting and conversion of stock units, along with the withholding of shares for tax purposes, are standard practices in executive compensation plans.
• Companies like General Motors and Stellantis also utilize similar compensation structures for their executives.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders.
• The filing provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates