Form 4: Ford III Transfers Class B Stock Within Voting Trust to Satisfy Promissory Note

Henry Ford III transferred 774,347 shares of Ford Motor Co. Class B stock within a voting trust to satisfy a promissory note on February 20, 2025.

Summary

• On February 20, 2025, Henry Ford III transferred 774,347 shares of Ford Motor Co. Class B stock from 'By Voting Trust Individually' to 'By Voting Trust As Trustee'.
• The transaction was executed at a price of $9.39 per share to satisfy a promissory note.
• Following the transaction, the voting trust holds 315,945 shares of Class B stock for Henry Ford III's benefit individually.
• The voting trust also holds 1,274,398 shares of Class B stock for the benefit of a trust of which Henry Ford III is the trustee, reflecting the recent transfer.
• Additionally, the voting trust holds 15,824 shares for a trust where Henry Ford III is a beneficiary and 99,424 shares for trusts where his spouse is the trustee for the benefit of his family.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing a stock transfer within a trust, indicating a neutral sentiment.

Industry Context

This filing reflects routine transactions related to beneficial ownership and trust management, common among corporate insiders.

Key Dates

Keywords

Ford Motor Co, Henry Ford III, Class B Stock, Voting Trust, Beneficial Ownership, Form 4, SEC Filing, Promissory Note