Form 4: Ford Executive Steven P. Croley Reports Stock Transactions
SEC Form 4 Filing
Ford's Chief Policy Officer and General Counsel, Steven P. Croley, reports the conversion of stock units and withholding of shares for tax obligations.
Summary
- On August 15, 2024, Steven P. Croley, Chief Policy Officer and General Counsel of Ford Motor Co, engaged in transactions involving Ford's common stock.
- Croley converted 25,019 Ford Stock Units into shares of common stock under the company's Long-Term Incentive Plan.
- Additionally, 10,909 shares were withheld by Ford to cover Croley's income tax liability related to the vesting of common stock under the same plan at a price of $10.18 per share.
- Following these transactions, Croley directly owns 98,618 shares of Ford common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It's a neutral reporting of facts.
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.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Conversion of Ford Stock Units to Common Stock and withholding of shares for tax liability. |
| 08/16/2024 | Date of signature by Blair F. Petrillo, Attorney-in-Fact. |
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