WEINBERG JOHN S 4

What Happened
John S. Weinberg, a Ford Motor Company director, converted/exercised 33,620 derivative units on 2026-05-20 (reported as both an acquisition and an immediate disposition of the same amount). On 2026-05-21 he received a grant of 23,043 restricted stock units (RSUs) valued at $13.22/share, total value $304,628. The conversion/exercise is reported with no per-share price (N/A); the grant lists a $13.22 per-share value for reporting purposes.

Key Details

• Transaction dates: conversion/exercise 2026-05-20; RSU grant 2026-05-21. Filing date: 2026-05-22 (covers period 2026-05-20).
• Conversion/exercise entries: 33,620 shares acquired and 33,620 shares disposed on 2026-05-20 (listed as derivative transactions, code M). No cash price reported (N/A).
• Grant: 23,043 RSUs @ $13.22/share = $304,628 (reported as award, code A).
• Shares owned after the transactions: not specified in the provided filing excerpt.
• Footnotes: F1 — settlement of RSUs into common stock under the 2014 Non-Employee Directors plan, without payment by the reporting person. F2 — new RSUs awarded under the 2024 Non-Employee Directors plan; will convert into shares and be distributed on the earlier of 5 years from grant or separation from the Board, without payment.
• Filing timeliness: filing date is 2026-05-22 for transactions on 2026-05-20; no late-filing flag indicated.

Context

• Code M denotes exercise or conversion of a derivative (e.g., RSU/option conversion); the filing shows the converted amount was also recorded as disposed the same day. Footnote F1 describes settlement of RSUs into shares without payment, and footnote F2 confirms the 23,043 units are RSU awards that will convert to shares at a future date or upon separation.
• RSU grants and routine director settlements are common compensation events and do not by themselves indicate the director is buying or selling stock for market exposure. The award is a grant (not an immediate open-market purchase).