WEINBERG JOHN S 4
Research Summary
AI-generated summary
Ford Director John S. Weinberg Receives RSU Awards
What Happened
- John S. Weinberg, a director of Ford Motor Co. (F), was credited with two restricted stock unit (RSU) awards on June 1, 2026: 530 RSUs and 882 RSUs, totaling 1,412 units. These are dividend-equivalent RSUs (derivative awards); no purchase price is reported (price = N/A) and the Form 4 lists them as grants/awards rather than purchases or sales.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (appears timely—filed within the typical 2 business-day window).
- Transaction code: A (Grant/Award).
- Units granted: 530 RSUs (credited under the 2024 Stock Plan for Non-Employee Directors) and 882 RSUs (credited under the 2014 Stock Plan for Non-Employee Directors); total = 1,412 RSUs.
- Price: N/A (no cash paid by the insider; these are dividend equivalents).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1/F2 — these RSUs are dividend equivalents credited under the respective non-employee director stock plans; they will be converted into Ford common shares and distributed, without payment by the director, on the earlier of 5 years from the related grant date or the director’s separation from the Board.
Context
- These awards are routine compensation for non-employee directors and do not represent an open-market purchase or sale; they are not a direct signal of the insider’s short-term view. When the RSUs convert (per plan terms) they will be delivered as shares without additional payment. To estimate the award’s market value, multiply 1,412 by Ford’s share price on or near the grant date.