CASIANO KIMBERLY A 4
Research Summary
AI-generated summary
Ford (F) Director Kimberly Casiano Receives Restricted Stock Units
What Happened
- Kimberly A. Casiano, a Ford Motor Company director, was credited with three awards of restricted stock units (RSUs) on 2026-06-01 totaling 4,588 RSUs (362 + 2,356 + 1,870). The filing lists these as derivative awards (transaction code A) and reports no per-share price or cash value (N/A).
Key Details
- Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (appears timely under the two-business-day Form 4 rule).
- Shares/units credited: 362; 2,356; 1,870 — total 4,588 RSUs.
- Price/Value: N/A (these are non-cash credits as dividend equivalents).
- Shares owned after the transaction: not specified in the provided excerpt.
- Footnotes:
- F1/F2: These RSUs are dividend equivalents under the 2024 and 2014 Stock Plans for Non-Employee Directors and generally convert into Ford common stock and are distributed (without payment) following termination of Board service.
- F3: RSUs under the Deferred Compensation Plan are dividend equivalents that will be converted and paid in cash on January 10 of the year following termination, based on market value.
- Transaction code: A = Award/Grant.
Context
- This was an award of RSUs (compensation/dividend equivalents), not a purchase or sale, so it’s a routine director compensation item rather than a trading signal. The RSUs convert to stock or cash at or after the end of board service per the plan terms, so they do not immediately increase her voting stock.