Form 4: Ford Executive Chair Gifts Class B Stock in Trust

Ford Executive Chair William Clay Ford Jr. reported gifting Class B stock shares within a voting trust structure, impacting his beneficial ownership and that of his spouse and family trusts.

Summary

• William Clay Ford Jr., Executive Chair and Chair of Ford Motor Company, reported changes in his beneficial ownership of Class B Stock.
• On December 22, 2025, 21,082 shares of Class B Stock, $0.01 par value, were disposed of by gift (transaction code 'G') from his individually held beneficial ownership within the voting trust, leaving him with 15,105,964 shares.
• On the same date, 1,405 shares of Class B Stock were acquired by gift for the benefit of his spouse within the voting trust, bringing her total to 103,758 shares.
• Additionally, 2,811 shares of Class B Stock were acquired by gift for the benefit of family trusts, of which Mr. Ford is a trustee, within the voting trust, resulting in a total of 3,771,225 shares for these trusts.
• All transactions were reported with a price of $0, indicating gifts or transfers rather than sales or purchases.

Sentiment

Score: 5

Explanation: The filing reports a gift of Class B stock within a voting trust structure, which is a neutral event from a market sentiment perspective. It does not indicate positive or negative operational performance or strategic shifts.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing details an insider transaction involving Class B stock, which is typically held by founding families to maintain control and often carries different voting rights than common stock. Such transactions are routine disclosures for public companies with dual-class share structures and do not directly reflect broader industry trends or competitive dynamics.

Related Party Transactions

• The filing details gifts of Class B stock to the reporting person's spouse and family trusts, which constitute related party transactions.

Stakeholder Impact

• Public shareholders: Minimal direct impact, as the transactions involve Class B stock within a family voting trust and are not open market sales or purchases of common stock. These transfers do not affect the company's operational performance or financial health.
• Family beneficiaries: The spouse and family trusts benefit from the acquisition of additional Class B shares.

Key Dates

Keywords

Ford, F, William Clay Ford Jr., insider transaction, Form 4, Class B stock, voting trust, gift, beneficial ownership