4Filed Sep 2, 8:00 PM ET
Ford (F) Director Lynn Radakovich Receives Restricted Stock Units
$F · FORD MOTOR COResearch Summary
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Ford (F) Director Lynn Radakovich Receives Restricted Stock Units
What Happened
- Lynn Vojvodich Radakovich, a Ford Motor Company director, was credited with two awards of restricted stock units (RSUs) on 2026-09-01: 609 RSUs and 2,173 RSUs, for a total of 2,782 RSUs. The Form 4 shows these as derivative awards (transaction code A) with no cash paid and no price reported (N/A).
- These RSUs represent dividend equivalents credited under Ford’s non-employee director plans rather than an open-market purchase or sale. They are compensation/crediting events, not a sale or exercise that would generate immediate proceeds.
Key Details
- Transaction date: 2026-09-01; Form 4 filed: 2026-09-03 (appears timely).
- Transaction type/code: Grant/Award (A) — derivative RSUs; prices reported as N/A.
- Shares credited: 609 RSUs (per 2024 Stock Plan for Non‑Employee Directors) and 2,173 RSUs (per 2014 Stock Plan) — total 2,782 RSUs.
- Shares owned after transaction: not specified in the summary provided.
- Footnotes: F1 and F2 state these are dividend equivalents credited as RSUs under the 2024 and 2014 non‑employee director plans; the RSUs will convert into Ford common stock and be distributed to the reporting person, without payment, following termination of board service.
- No indication of a 10b5-1 plan, tax withholding event, or late filing in the information provided.
Context
- RSU credits for directors are routine compensation and dividend-equivalent accruals; they do not represent an immediate market purchase or sale and typically convert to shares (and transfer) only upon specified conditions such as leaving board service.
- For retail investors, these awards are informative about director compensation but should not be interpreted as a buy/sell signal for Ford stock.