Mark V. Shoen - Sep 18, 2025 Form 4 Insider Report for U-Haul Holding Co /NV/ (UHALB)

Role
10%+ Owner
Signature
/s/ Mark V. Shoen
Stock symbol
UHALB
Transactions as of
Sep 18, 2025
Transactions value $
$0
Form type
4
Date filed
9/22/2025, 04:10 PM
Previous filing
Feb 28, 2025
Next filing
Nov 21, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SHOEN MARK V 10%+ Owner 207 E. CLARENDON AVENUE, PHOENIX /s/ Mark V. Shoen 2025-09-22 0001134431

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UHALB Series N Common Stock Other -230K -35.06% 425K Sep 18, 2025 MVS-029 Trust F1, F2
transaction UHALB Series N Common Stock Purchase +230K +2.9% 8.15M Sep 18, 2025 Blackwater Investments, Inc. F1, F3
holding UHALB Series N Common Stock 67.3M Sep 18, 2025 Willow Grove Holdings LP F3
holding UHALB Series N Common Stock 43K Sep 18, 2025 Direct
holding UHALB Series N Common Stock 226K Sep 18, 2025 EJS-028 Trust F4
holding UHALB Series N Common Stock 191K Sep 18, 2025 Shoen Family Revocable Trust F5
holding UHALB Common Stock 4.77K Sep 18, 2025 Direct
holding UHALB Common Stock 6.71K Sep 18, 2025 Shoen Family Revocable Trust F5
holding UHALB Common Stock 880K Sep 18, 2025 Blackwater Investments, Inc. F3
holding UHALB Common Stock 25.1K Sep 18, 2025 EJS-028 Trust F4
holding UHALB Common Stock 7.56M Sep 18, 2025 Willow Grove Holdings LP F3
holding UHALB Common Stock 1.32M Sep 18, 2025 Clarendon Strategies, LLC F3
holding UHALB Common Stock 24.9K Sep 18, 2025 SAC Holding Corporation F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This Form 4 is being filed in connection with a sale by the MVS-029 Trust of 229,515 shares of Series N Common Stock to Blackwater Investments, Inc. ("Blackwater") in exchange for all of the outstanding equity interests in Holdfast Marine, LLC, which were valued for purposes of this transaction at approximately $11.8 million. Blackwater is a wholly owned subsidiary of Willow Grove Holdings, LP ("Willow Grove"), and MVS-029 Trust is a limited partner of Willow Grove. Accordingly, the Reporting Person may be deemed to have indirect beneficial ownership of the Series N Common Stock held by Blackwater and Willow Grove.
F2 Includes shares held by the MVS-029 Trust, for which the Reporting Person is a trustee and one of the beneficiaries. The Reporting Person disclaims beneficial ownership of shares held by the MVS-029 Trust except to the extent of his pecuniary interest therein.
F3 Willow Grove is owned and controlled by Foster Road LLC and various trusts associated with the Reporting Person and Edward J. Shoen. Foster Road LLC is the general partner of Willow Grove and is managed by the Reporting Person and Stuart Shoen. Blackwater is a wholly owned subsidiary of Willow Grove. Clarendon Strategies, LLC ("Clarendon") and SAC Holding Corporation ("SAC") are wholly owned subsidiaries of Blackwater. The Reporting Person disclaims beneficial ownership of shares held directly and indirectly by Willow Grove, Clarendon, Blackwater and SAC except to the extent of his pecuniary interest therein.
F4 Includes shares held by the EJS-028 Trust for which the Reporting Person is an independent trustee. The Reporting Person disclaims beneficial ownership of shares held by the EJS-028 Trust and the filing of this Form 4 shall not be deemed an admission that he is the beneficial owner of the securities for purposes of Section 16 of the Exchange Act or for any other purpose.
F5 Includes shares held by the Shoen Family Revocable Trust for which the Reporting Person is a trustee and the Reporting Person and his spouse are beneficiaries.