Summary by Moomoo AI
Ford Motor Company has filed an amendment to its Tax Benefit Preservation Plan (TBPP) with the United States Securities and Exchange Commission. The amendment, known as Amendment No. 5, was filed on September 13, 2024, and extends the expiration date of the TBPP to September 30, 2027. The TBPP, which aims to preserve Ford's substantial tax attributes, was originally established on September 11, 2009, and has undergone several amendments since. The latest amendment also stipulates that the plan will terminate earlier if shareholder approval for the extension is not received by the final adjournment of Ford's 2025 annual meeting. The preferred stock purchase rights issued under the TBPP will continue to be registered on the New York Stock Exchange. This filing includes references to the original TBPP and its amendments, which are incorporated by reference.
