U-Haul: MVS-029 Trust sells 46,000 Series N shares
The two sales were made under a Rule 10b5-1 trading plan adopted by the MVS-029 Trust on September 21, 2026.
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Form Type
4
Rhea-AI Filing Summary
U-Haul Holding Co (UHAL) reported two sales of Series N Common Stock by the MVS-029 Trust, which is associated with Mark V. Shoen, a 10% owner: 23,000 shares on October 26, 2026, at a weighted-average price of $49.3198 per share, and 23,000 shares on October 27, 2026, at $48.9849 per share. The trust made the sales under a Rule 10b5-1 trading plan adopted on September 21, 2026. Shoen is a trustee and beneficiary of the trust and disclaims beneficial ownership except to the extent of his pecuniary interest.
Insider Trade Summary 10b5-1
Net Seller: 46,000 shares
Net Sell
14 txns
Insider
SHOEN MARK V
Role
10% Owner
Sold
46,000 shs ($2.26M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Series N Common Stock F1, F4, F3 | 23,000 | $48.9849 | $1.13M |
| Sale | Series N Common Stock F1, F2, F3 | 23,000 | $49.3198 | $1.13M |
| holding | Series N Common Stock | -- | -- | -- |
| holding | Series N Common Stock F5 | -- | -- | -- |
| holding | Series N Common Stock F5 | -- | -- | -- |
| holding | Series N Common Stock F6 | -- | -- | -- |
| holding | Series N Common Stock F7 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F6 | -- | -- | -- |
| holding | Common Stock F5 | -- | -- | -- |
| holding | Common Stock F7 | -- | -- | -- |
Holdings After Transaction:
Series N Common Stock — 379,196 shares (Indirect, MVS-029 Trust);
Series N Common Stock — 42,962 shares (Direct);
Series N Common Stock — 67,253,456 shares (Indirect, Willow Grove Holdings LP);
Series N Common Stock — 8,150,658 shares (Indirect, Blackwater Investments, Inc.);
Series N Common Stock — 225,954 shares (Indirect, EJS-028 Trust);
Series N Common Stock — 186,013 shares (Indirect, Shoen Family Revocable Trust);
Common Stock — 4,770 shares (Direct);
Common Stock — 7,562,884 shares (Indirect, Willow Grove Holdings LP);
Common Stock — 1,324,000 shares (Indirect, Clarendon Strategies, LLC);
Common Stock — 880,127 shares (Indirect, Blackwater Investments, Inc.);
Common Stock — 25,106 shares (Indirect, EJS-028 Trust);
Common Stock — 24,900 shares (Indirect, SAC Holding Corporation);
Common Stock — 6,707 shares (Indirect, Shoen Family Revocable Trust)
Footnotes (7)
- F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on September 21, 2026 by the MVS-029 Trust dated April 30, 2019 (the "MVS-029 Trust").
- F2. The price reported in Column 4 is a weighted average price. Shares were sold in multiple transactions at prices ranging from $49.015 to $49.8175, inclusive (weighted average of $49.3198). The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- F3. Includes shares held by the MVS-029 Trust, for which the Reporting Person is a trustee and one of the beneficiaries. The Reporting Person disclaims beneficial ownership of shares held by the MVS-029 Trust except to the extent of his pecuniary interest therein.
- F4. The price reported in Column 4 is a weighted average price. Shares were sold in multiple transactions at prices ranging from $48.66 to $49.47, inclusive (weighted average $48.9849). The reporting person undertakes to provide to the issuer or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth herein.
- F5. Willow Grove Holdings, LP ("Willow Grove") is owned and controlled by Foster Road LLC and various trusts associated with the Reporting Person and Edward J. Shoen. Foster Road LLC is the general partner of Willow Grove and is managed by the Reporting Person and Stuart Shoen. Blackwater Investments, Inc. ("Blackwater") is a wholly owned subsidiary of Willow Grove. Clarendon Strategies, LLC ("Clarendon") and SAC Holding Corporation ("SAC") are wholly owned subsidiaries of Blackwater. The Reporting Person disclaims beneficial ownership of shares held directly and indirectly by Willow Grove, Clarendon, Blackwater and SAC except to the extent of his pecuniary interest therein.
- F6. Includes shares held by the EJS-028 Trust for which the Reporting Person is an independent trustee. The Reporting Person disclaims beneficial ownership of shares held by the EJS-028 Trust and the filing of this Form 4 shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Exchange Act or for any other purpose.
- F7. Includes shares held by the Shoen Family Revocable Trust for which the Reporting Person is a trustee and the Reporting Person and his spouse are beneficiaries.
Key Figures
Series N Common Stock sold: 23,000 shares
Weighted-average price: $49.3198 per share
Series N Common Stock sold: 23,000 shares
+2 more
5 metrics
Series N Common Stock sold
23,000 shares
MVS-029 Trust sale on October 26, 2026
Weighted-average price
$49.3198 per share
MVS-029 Trust sale on October 26, 2026
Series N Common Stock sold
23,000 shares
MVS-029 Trust sale on October 27, 2026
Weighted-average price
$48.9849 per share
MVS-029 Trust sale on October 27, 2026
Rule 10b5-1 plan adoption
September 21, 2026
MVS-029 Trust
Key Terms
Rule 10b5-1 trading plan, weighted average price, pecuniary interest, beneficial ownership
4 terms
Rule 10b5-1 trading plan regulatory
"effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
beneficial ownership regulatory
"disclaims beneficial ownership of shares held by the MVS-029 Trust"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
Were the UHAL trust sales made under a 10b5-1 plan?
Yes. The MVS-029 Trust's sales were made under a Rule 10b5-1 trading plan adopted on September 21, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.
