Form 4: Willow Grove Holdings LP Distributes U-Haul Holding Co Shares In-Kind

Willow Grove Holdings LP reports an in-kind distribution of U-Haul Holding Co shares to a limited partner, MVS-029 Trust.

Summary

• Willow Grove Holdings LP filed a Form 4 detailing a transaction involving U-Haul Holding Co /NV/ [UHALB] shares on August 16, 2024.
• The transaction involved an in-kind distribution of 680,000 Series N Common Stock shares by Willow Grove to the MVS-029 Trust, one of its limited partners.
• Following the transaction, Willow Grove directly owns 67,253,456 Series N Common Stock shares.
• Willow Grove also indirectly owns shares through Blackwater Investments, Inc., SAC Holding Corporation, and Clarendon Strategies, LLC.
• Foster Road LLC owns and controls Willow Grove and is managed by Mark V. Shoen and Stuart Shoen.
• Blackwater Investments, Inc. is a wholly owned subsidiary of Willow Grove, and Clarendon Strategies, LLC and SAC Holding Corporation are wholly owned subsidiaries of Blackwater Investments, Inc.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The in-kind distribution may have a minor impact on shareholders due to the change in ownership structure.

Key Dates