Willow Grove Holdings LP - 16 Nov 2022 Form 4 Insider Report for AMERCO /NV/ (UHAL)

Role: 10%+ Owner
Signature: Willow Grove Holdings LP, /s/ Stuart M. Shoen, Attorney-in-Fact
Issuer symbol: UHAL
Transactions as of: 16 Nov 2022
Net transactions value: +$32,446,642
Form type: 4
Filing time: 18 Nov 2022, 18:02:01 UTC
Previous filing: 20 Dec 2021
Next filing: 30 Nov 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UHAL	Common Stock	Purchase	$2,483,745	+47,087		$52.75	47,087	16 Nov 2022	Clarendon Strategies, LLC	F1, F2
transaction	UHAL	Common Stock	Purchase	$9,316,271	+174,351	+370%	$53.43	221,438	16 Nov 2022	Clarendon Strategies, LLC	F1, F2
transaction	UHAL	Common Stock	Purchase	$5,530,113	+101,483	+46%	$54.49	322,921	16 Nov 2022	Clarendon Strategies, LLC	F1, F2
transaction	UHAL	Common Stock	Purchase	$59,383	+1,079	+0.33%	$55.04	324,000	16 Nov 2022	Clarendon Strategies, LLC	F1, F2
transaction	UHAL	Common Stock	Purchase	$3,324,051	+63,063	+19%	$52.71	387,063	17 Nov 2022	Clarendon Strategies, LLC	F2, F3
transaction	UHAL	Common Stock	Purchase	$4,137,481	+77,539	+20%	$53.36	464,602	17 Nov 2022	Clarendon Strategies, LLC	F2, F3
transaction	UHAL	Common Stock	Purchase	$4,695,884	+85,980	+19%	$54.62	550,582	17 Nov 2022	Clarendon Strategies, LLC	F2, F3
transaction	UHAL	Common Stock	Purchase	$2,668,074	+48,418	+8.8%	$55.10	599,000	17 Nov 2022	Clarendon Strategies, LLC	F2, F3
transaction	UHAL	Common Stock	Purchase	$198,040	+3,550	+0.59%	$55.79	602,550	18 Nov 2022	Clarendon Strategies, LLC	F2, F4
transaction	UHAL	Common Stock	Purchase	$33,600	+600	+0.1%	$56.00	603,150	18 Nov 2022	Clarendon Strategies, LLC	F2
holding	UHAL	Common Stock						880,127	16 Nov 2022	Blackwater Investments, Inc.	F2
holding	UHAL	Common Stock						7,562,884	16 Nov 2022	Direct
holding	UHAL	Series N Common Stock						7,921,143	16 Nov 2022	Blackwater Investments, Inc.	F2, F5
holding	UHAL	Series N Common Stock						68,065,956	16 Nov 2022	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $52.748: $52.455 to $52.995, inclusive; (b) with respect to the weighted average price of $53.434: $53.00 to $53.99, inclusive; (c) with respect to the weighted average price of $54.493: $54.00 to $54.99, inclusive; and (d) with respect to the weighted average price of $55.035: $55.00 to $55.15, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1).
F2	Willow Grove Holdings, LP ("Willow Grove") is owned and controlled by Foster Road LLC and various trusts associated with Edward J. Shoen and Mark V. Shoen. Foster Road LLC is the general partner of Willow Grove, is managed by Mark V. Shoen and Stuart Shoen, and may be deemed to share voting and dispositive power with respect to the shares held by Willow Grove. Clarendon Strategies, LLC and Blackwater Investments, Inc. are wholly-owned subsidiaries of Willow Grove.
F3	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from (a) with respect to the weighted average price of $52.710: $52.15 to $52.99, inclusive; (b) with respect to the weighted average price of $53.360: $53.00 to $53.995, inclusive; (c) with respect to the weighted average price of $54.616: $54.00 to $54.995, inclusive; and (d) with respect to the weighted average price of $55.105: $55.00 to $55.43, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (3).
F4	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.19 to $55.99. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (4).
F5	On November 9, 2022, the Issuer issued newly created shares of Series N Non-Voting Common Stock through a stock dividend on a 9-for-1 basis to all existing holders of the Issuer's Common Stock.