Amend Michael 4
Research Summary
AI-generated summary
Ford CTO Michael Amend Exercises 79,872 Shares; 24,431 Withheld
What Happened
- Michael Amend, Ford Motor Co.’s Chief Enterprise Technology Officer, had 79,872 derivative/restricted share units converted/settled on Feb 15, 2026. The filing shows 79,872 shares acquired via exercise/conversion (code M).
- To cover income tax liabilities from the settlement, the company withheld 24,431 shares at $14.12 per share, yielding $344,966 (reported as a disposition under code F for tax withholding).
- Net of the withholding, Amend received 55,441 shares (79,872 acquired minus 24,431 withheld). The exercise/conversion entries list no exercise price per share (N/A).
Key Details
- Transaction date: 2026-02-15; Filing date: 2026-02-18.
- Shares acquired (exercise/conversion): 79,872 (code M). Shares withheld for taxes: 24,431 at $14.12/share; total value withheld = $344,966 (code F).
- Footnotes: F1 = Settlement of Restricted Stock Units into common stock under Ford’s Long-Term Incentive Plan. F2 = Shares withheld to cover income tax liabilities from that settlement.
- Shares owned after the transaction: Not disclosed in the excerpt of the filing.
Context
- This appears to be a routine settlement of awards and tax withholding rather than an open-market purchase or sale. The conversion/exercise generated shares for Amend, and the company withheld shares to satisfy tax withholding obligations (a common practice).
- Such settlements and withholding actions are administrative and do not necessarily signal the insider’s view on the stock; purchases (open-market buys) are generally more informative about bullish sentiment.