FORD WILLIAM CLAY JR 4

What Happened

• William Clay Ford Jr., Executive Chair and Director of Ford Motor Co., made an open-market purchase of 140,000 Class common shares on Feb 19, 2026 at $13.82 per share for a total of $1,934,450.
• The Form 4 also records two “other acquisition/disposition (J)” entries for 583,025 and 85,301 shares (price N/A) and two gift (G) entries of 1,375 shares each (price $0.00). Footnotes indicate the J entries reflect distributions from trusts and that the reporting person is a trustee of a voting trust.

Key Details

• Transaction date: Feb 19, 2026; Open-market purchase: 140,000 shares @ $13.82 = $1,934,450.
• Other reported movements: 583,025 and 85,301 shares listed as “J” (N/A price) and two gifts of 1,375 shares each (reported at $0.00).
• Shares reported in filing as held via voting trust: 15,107,339 Class B shares for the reporting person’s benefit and 3,912,600 Class B shares for family-benefit trusts (see footnotes F1–F3). The filing does not give a single consolidated post-transaction total beyond these trust holdings and the open-market purchase.
• Filing date: Feb 23, 2026 (reporting period Feb 19, 2026). This appears to be filed within the standard 2-business-day Form 4 deadline.
• Footnotes: F1 = trust distribution not attributable to the reporting person; F2/F3 = reporting person is one of four trustees of a voting trust and disclaims beneficial ownership of other voting-trust shares.

Context

• The 140,000-share open-market buy is a straightforward purchase (often viewed as a more informative signal than routine sales). The J-coded transfers reflect trust-related movements and are administrative in nature; gifts do not necessarily indicate the insider’s market view.
• No option exercises or cashless sales were reported. The trustee disclosures mean some large holdings are held in a voting trust and the reporting person disclaims beneficial ownership of other voting-trust shares per the footnotes.