March 4, 2024 · Form 4 insider transaction
Galhotra Ashwani Kumar sold 221,541 shares of Ford Motor Company at $12.45 per share, a transaction worth $2.76M. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 1 day after the transaction.
These shares were withheld by the Company to cover my income tax liability relating to March 3, 2024 and March 4, 2024 vesting of awards of Common Stock under the Company's Long-Term Incentive Plan. The amount withheld for taxes for each award was determined using the closing price of Ford stock on March 1, 2024.