Waldo Jennifer 4

4 · FORD MOTOR CO · Filed May 18, 2026

AI-generated summary of this filing

Updated May 18, 2026

Ford (F) Jennifer Waldo Receives 185,185 Shares via RSU Settlement

What Happened

Jennifer Waldo, Ford's Chief People & Employee Experience Officer, had restricted stock units (RSUs) convert into common shares on 2026-05-15. Three conversions delivered a total of 185,185 shares.
To cover income tax liabilities, the company withheld 80,446 of those shares at $14.48 per share, representing approximately $1,164,859 withheld. The net shares retained by Waldo after withholding were 104,739.
These transactions are settlement of LTIP awards (not open-market sales or purchases).

Key Details

Transaction date: 2026-05-15; Form 4 filed: 2026-05-18 (appears timely).
Conversion entries reported under transaction code M (exercise/conversion of derivative); withholding reported under code F (shares withheld for tax).
Withholding price: $14.48 per share; total withheld value reported $396,057 + $384,401 + $384,401 = $1,164,859.
Shares acquired (gross): 62,963 + 61,111 + 61,111 = 185,185; shares withheld (disposed for tax): 27,352 + 26,547 + 26,547 = 80,446; net added: 104,739 shares.
Footnotes: F1 = settlement of RSUs into common stock under the Long‑Term Incentive Plan; F2 = company withheld shares to cover income tax liabilities.
Form 4 did not disclose total beneficial ownership after these transactions in the summary provided.

Context

This was an award settlement (RSUs converting to shares) with shares withheld for taxes — a common, administrative transaction for executive compensation. It is not an open‑market sale or an aftermarket purchase.
Transaction codes: M = conversion of derivative (here, RSUs) into shares; F = shares withheld to pay tax liabilities. These actions generally reflect compensation settlement rather than a deliberate buy/sell signal.

Form 4

Period: 2026-05-15

Chief People & E. Exp. Officer

Transactions

Exercise/Conversion
Common Stock, $0.01 par value
[F1]
2026-05-15+62,963→ 525,543 total
Tax Payment
Common Stock, $0.01 par value
[F2]
2026-05-15$14.48/sh−27,352$396,057→ 498,191 total
Exercise/Conversion
Common Stock, $0.01 par value
[F1]
2026-05-15+61,111→ 559,302 total
Tax Payment
Common Stock, $0.01 par value
[F2]
2026-05-15$14.48/sh−26,547$384,401→ 532,755 total
Exercise/Conversion
Common Stock, $0.01 par value
[F1]
2026-05-15+61,111→ 593,866 total
Tax Payment
Common Stock, $0.01 par value
[F2]
2026-05-15$14.48/sh−26,547$384,401→ 567,319 total
Exercise/Conversion
Ford Stock Units
[F1]
2026-05-15−62,963→ 0 total
→ Common Stock, $0.01 par value (62,963 underlying)
Exercise/Conversion
Ford Stock Units
[F1]
2026-05-15−61,111→ 62,963 total
→ Common Stock, $0.01 par value (61,111 underlying)
Exercise/Conversion
Ford Stock Units
[F1]
2026-05-15−61,111→ 124,074 total
→ Common Stock, $0.01 par value (61,111 underlying)

Footnotes (2)

[F1]Settlement of Restricted Stock Units into shares of Ford Common Stock under the Company's Long-Term Incentive Plan.
[F2]Shares withheld by the Company to cover income tax liabilities from the settlement of Restricted Stock Units into shares of Common Stock under the Company's Long-Term Incentive Plan.

Signature

Blair F. Petrillo, Attorney-in-Fact|2026-05-18

1 file