Summary by Moomoo AI
Ford Motor Company has filed a Registration Statement on Form S-8 with the United States Securities and Exchange Commission (SEC) to register an additional 75 million shares of common stock for issuance under the Ford Motor Company 2023 Long-Term Incentive Plan. This move comes after the initial registration of 110 million shares for the same plan on May 3, 2023. The newly registered shares are valued at $0.01 per share and are part of the company's efforts to incentivize its employees as part of the long-term plan that was effective as of May 1, 2023. The registration statement includes various exhibits, such as the opinion of Ford's legal counsel regarding the legality of the securities and the consent of the company's independent registered public accounting firm. The filing was signed by key executives including CEO James D. Farley, Jr. and other board members on April 24, 2024.