Ford chair shifts 1.5M shares in Class B exchange
Ford’s executive chair rebalanced holdings between Ford common and Class B shares via a voting-trust exchange, with no open-market buying or selling reported.
Rhea-AI Filing Summary
FORD MOTOR CO (F) reported that Executive Chair William Clay Ford Jr. restructured his equity holdings on September 15, 2026 through exchange-related transactions between Common Stock and Class B Stock. He disposed of 1,464,460 Common shares held directly, leaving 1 Common share directly owned, and disposed of 85,301 Common shares held indirectly as trustee of a trust. He simultaneously acquired 1,451,097 Class B shares indirectly through a voting trust for his benefit and 85,301 Class B shares indirectly through a voting trust as trustee for family trusts, in each case in transactions described as an exchange of Common Stock for Class B Stock on a one-for-one basis among holders of Class B Stock. After these transactions, he is shown as indirectly holding 16,558,436 Class B shares for his benefit, 3,997,901 Class B shares for family trusts, 103,758 Class B shares for his spouse via a voting trust, and 235,703 Common shares through a company plan, while disclaiming beneficial ownership of any other shares in the voting trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 3,086,159 shares
Other
6 txns
Insider
FORD WILLIAM CLAY JR
Role
Executive Chair and Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock, $0.01 par value F1 | 1,464,460 | -- | -- |
| Other | Class B Stock, $0.01 par value F1, F2 | 1,451,097 | -- | -- |
| Other | Common Stock, $0.01 par value F1 | 85,301 | -- | -- |
| Other | Class B Stock, $0.01 par value F1, F3 | 85,301 | -- | -- |
| holding | Class B Stock, $0.01 par value F4 | -- | -- | -- |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.01 par value — 1 shares (Direct);
Class B Stock, $0.01 par value — 16,558,436 shares (Indirect, By Voting Trust - Individually);
Common Stock, $0.01 par value — 0 shares (Indirect, By Trust - As Trustee);
Class B Stock, $0.01 par value — 3,997,901 shares (Indirect, By Voting Trust - As Trustee);
Class B Stock, $0.01 par value — 103,758 shares (Indirect, By Voting Trust - Spouse);
Common Stock, $0.01 par value — 235,703 shares (Indirect, By Company Plan)
Footnotes (4)
- F1. The reported transactions resulted from an exchange of Common Stock for Class B Stock on a one-for-one basis among holders of Class B Stock, one or more of which are not beneficially owned by the Reporting Person.
- F2. The Reporting Person is one of four trustees of the voting trust. As shown, it holds 16,558,436 shares of Class B stock for the Reporting Person's benefit. The Reporting Person disclaims beneficial ownership of any other shares of Class B stock in said voting trust, unless otherwise provided herein.
- F3. The Reporting Person is one of four trustees of the voting trust. As shown, it holds 3,997,901 shares of Class B stock for the benefit of trusts, of which the Reporting Person is a trustee, that benefit their family. The Reporting Person disclaims beneficial ownership of any other shares of Class B stock in said voting trust, unless otherwise provided herein.
- F4. The Reporting Person is one of four trustees of the voting trust. As shown, it holds 103,758 shares of Class B stock for the benefit of the Reporting Person's spouse. The Reporting Person disclaims beneficial ownership of any other shares of Class B stock in said voting trust, unless otherwise provided herein.
Key Figures
Common Stock disposed (direct): 1,464,460 shares
Common Stock disposed (trustee): 85,301 shares
Class B Stock acquired (individual benefit): 1,451,097 shares
+5 more
8 metrics
Common Stock disposed (direct)
1,464,460 shares
Common Stock, $0.01 par value, disposed on September 15, 2026; 1 share directly held afterward
Common Stock disposed (trustee)
85,301 shares
Common Stock, $0.01 par value, indirectly held "By Trust - As Trustee" and disposed on September 15, 2026
Class B Stock acquired (individual benefit)
1,451,097 shares
Class B Stock, $0.01 par value, acquired indirectly via voting trust for Reporting Person’s benefit on September 15, 2026
Class B Stock acquired (family trusts)
85,301 shares
Class B Stock, $0.01 par value, acquired indirectly via voting trust as trustee for family trusts on September 15, 2026
Class B Stock held for Reporting Person’s benefit
16,558,436 shares
Indirect ownership "By Voting Trust - Individually" after transactions, with beneficial ownership disclaimed for other voting trust shares
Class B Stock held for family trusts
3,997,901 shares
Indirect ownership "By Voting Trust - As Trustee" after transactions, for trusts benefiting the Reporting Person’s family
Class B Stock held for spouse
103,758 shares
Indirect ownership "By Voting Trust - Spouse"; Reporting Person disclaims beneficial ownership of other voting trust shares
Common Stock held by company plan
235,703 shares
Indirect Common Stock ownership "By Company Plan" after reported transactions
Key Terms
Class B Stock, voting trust, disclaims beneficial ownership, Reporting Person
4 terms
Class B Stock financial
"Class B Stock, $0.01 par value, acquired indirectly through a voting trust"
Class B stock is a type of company share that usually carries different voting or economic rights than the more common Class A shares — for example, fewer votes per share or different dividend rules. Investors care because those differences affect control and potential returns: it’s like owning a cheaper seat at an event that gives less say over what happens, so Class B shares can trade at different prices and influence how much sway a shareholder has over company decisions.
voting trust financial
"The Reporting Person is one of four trustees of the voting trust."
A voting trust is an arrangement where shareholders temporarily transfer their voting rights to one or more trusted individuals (trustees) who vote on company matters on their behalf. It matters to investors because it consolidates decision-making power—like handing the car keys to a single driver for a journey—which can stabilize leadership or push through strategic plans but also reduces individual shareholders’ direct influence and can affect the company’s direction and stock value.
disclaims beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of any other shares of Class B stock"
Reporting Person regulatory
"The Reporting Person is one of four trustees of the voting trust."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ford (F) Executive Chair William Clay Ford Jr. report on this Form 4?
He reported restructuring his holdings on September 15, 2026, disposing of Common Stock and acquiring Class B Stock through exchange-related transactions involving a voting trust, with no open-market purchases or sales disclosed.
What are William Clay Ford Jr.’s Ford (F) holdings after these transactions?
After the transactions, he directly holds 1 Common share and indirectly holds 16,558,436 Class B shares for his benefit, 3,997,901 Class B shares for family trusts, 103,758 Class B shares for his spouse via a voting trust, and 235,703 Common shares through a company plan.
Were William Clay Ford Jr.’s Ford (F) transactions under a Rule 10b5-1 plan?
No. The filing indicates no Rule 10b5-1 trading plan applies, and the reported transactions are characterized as other acquisitions or dispositions related to an exchange between Common and Class B Stock among holders of Class B Stock.
How is the Ford (F) voting trust involved in William Clay Ford Jr.’s holdings?
A voting trust holds Class B shares for his benefit, for family trusts, and for his spouse. It shows 16,558,436 Class B shares for his benefit, 3,997,901 for family trusts, and 103,758 for his spouse, while he disclaims beneficial ownership of any other shares in that voting trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
