THORNTON JOHN L 4
Research Summary
AI-generated summary
Ford Director John L. Thornton Buys 10,600 Shares (Open Market)
What Happened
John L. Thornton, a director of Ford Motor Co. (F), purchased 10,600 shares of Ford common stock in an open-market transaction on June 23, 2026. The reported weighted-average purchase price was $14.05 per share, for a total cost of approximately $148,880. This was a straight purchase (code P), not an option exercise or award.
Key Details
- Transaction date: 2026-06-23; Form 4 filed: 2026-06-24 (timely filing).
- Price: weighted average $14.05 per share; individual trades ranged from $14.04–$14.05 (see footnote F1).
- Shares acquired: 10,600; total reported value ≈ $148,880.
- Shares owned after transaction: not specified in the provided summary of the filing.
- Footnotes: F1 clarifies the weighted-average price and offers to provide breakdown by price if requested; F2 notes the reported balance includes shares from dividend reinvestment.
- Transaction type: Open-market purchase (purchase code P).
Context
- A direct open-market purchase by a director is a straightforward buy of company stock. Purchases can be informative to investors, but filings do not state the purchaser’s motivation.
- The filing appears timely (filed the next day), and there is no indication of a 10% owner, gift, option exercise, or tax-withholding event in this transaction.