4Filed Sep 2, 8:00 PM ET
Ford (F) Director John L. Thornton Receives 4,792 RSU Award
$F · FORD MOTOR COResearch Summary
AI-generated summary of this SEC filing
Ford (F) Director John L. Thornton Receives 4,792 RSU Award
What Happened
- John L. Thornton, a Ford Motor Company director, was credited 4,792 Restricted Stock Units (RSUs) on 2026-09-01 as a grant/award (transaction code A). No per-share price or cash value is reported in the filing because these are derivative units (dividend equivalents), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-09-01
- Filing date: 2026-09-03
- Transaction type/code: Grant/award (A) — derivative units (RSUs) credited as dividend equivalents
- Shares/units credited: 4,792 RSUs
- Price/value: N/A (units are derivative; cash value not reported in this filing)
- Shares owned after transaction: Not disclosed in this filing
- Footnote: These units are credited under the Company's Deferred Compensation Plan for Non-Employee Directors and will be converted and distributed in cash on January 10 of the year following termination of Board service, based on then-current Ford share price, with no payment required from the reporting person (see footnote F1).
- Filing timeliness: No late-filing flag indicated in the provided data.
Context
- These RSUs represent dividend equivalents under a director deferred compensation plan and will be settled in cash upon Mr. Thornton’s departure from the board. Such awards are routine compensation for non-employee directors and do not reflect an open-market purchase or sale of stock.