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Ford Motor | 4: Statement of changes in beneficial ownership of securities-Officer FORD WILLIAM CLAY JR

SEC announcement ·  Jun 13 05:52
Summary by Futu AI
William Clay Ford Jr., Executive Chair and Chair of Ford Motor Co., completed a series of transactions involving Class B Stock on June 10, 2024. The transactions were classified as bona fide gifts and carried out with a transaction price of $0.00. A total of 7,310 shares were acquired across three separate gifts, with the shares being held indirectly through various voting trusts, including individually, as trustee, and by spouse. Conversely, 21,930 shares were disposed of, also as a bona fide gift. Following these transactions, Ford Jr. holds a total of 5,814 Class B shares indirectly. The transactions reflect changes in the ownership structure within the voting trusts associated with Ford Jr. and do not impact the market value as the shares were gifted.
William Clay Ford Jr., Executive Chair and Chair of Ford Motor Co., completed a series of transactions involving Class B Stock on June 10, 2024. The transactions were classified as bona fide gifts and carried out with a transaction price of $0.00. A total of 7,310 shares were acquired across three separate gifts, with the shares being held indirectly through various voting trusts, including individually, as trustee, and by spouse. Conversely, 21,930 shares were disposed of, also as a bona fide gift. Following these transactions, Ford Jr. holds a total of 5,814 Class B shares indirectly. The transactions reflect changes in the ownership structure within the voting trusts associated with Ford Jr. and do not impact the market value as the shares were gifted.
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