Mulally Picks Up $13.8 Million in Ford Stock

Ford Motor Co. has awarded CEO Alan Mulally 882,400 shares of stock worth $13.8 million for guiding the company to net earnings of $7.2 billion in 2013.

Ford will report details about his salary and other benefits later this month.

Mulally is prohibited from selling any of his new shares he until March 2016. But he is allowed to sell any or all of 376,000 shares awarded to him a year ago.

Bloomberg News says Mulally has received about $303 million from Ford since 2006.