Ford Director William E. Kennard Receives RSU Awards

What Happened

• William E. Kennard, a non-employee director of Ford Motor Co. (F), was credited with a total of 3,271 restricted stock units (RSUs) on 2026-09-01. The filing shows two awards: 609 RSUs (under the 2024 Stock Plan for Non-Employee Directors) and 2,662 RSUs (under the 2014 Stock Plan for Non-Employee Directors). No cash payment or open‑market trade occurred; these are dividend-equivalent RSU credits (derivative awards) and are reported with no acquisition price.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-03 (timely filing).
• Awards: 609 RSUs (F1) and 2,662 RSUs (F2); total 3,271 RSUs. Price reported as N/A (derivative awards).
• Shares owned after the transaction: not specified in the filing.
• Footnotes: F1 = dividend equivalents credited as RSUs under the 2024 non-employee director plan; F2 = same under the 2014 plan. These Units are convertible into Ford common stock and distributed without payment following termination of board service.
• Transaction code: A = Award/Grant (derivative); no 10b5-1, tax withholding, or sale noted.

Context

• These entries are dividend-equivalent RSU credits, not open-market purchases or sales. RSUs are a form of compensation that convert to shares (typically subject to vesting or distribution rules); here they are payable upon the end of board service.
• Such routine director credits are common and do not necessarily signal the insider buying or selling shares on market.