A Ford Exec Makes a Big Stock Buy at Ford Motor
Ford Motor (ticker: F) stock has more than doubled this year, and its executive chair, William Clay Ford, Jr., just disclosed a large purchase of shares of the auto giant. Ford Motor stock has rocketed 128% so far this year through Tuesday’s close. Bill Ford, as the chairman is known, paid $8.5 million on Dec. 10 for 412,500 shares, a per-share average price of $20.62 each. According to a form he filed Tuesday with the Securities and Exchange Commission, Bill Ford bought the shares through a trust that now owns 4 million Ford shares.