Shoen sold 46,000 UHAL.B shares at $49.07 on 28 October against 86,020,733 held — 0.05% of the position. That ratio alone argues for routine trimming, and the two 2026 sales visible elsewhere (about $842k and $813k) suggest a cadence this sale sits above.

But the holdings history I could reach was internally contradictory — one service showed a stale as-of date and a table that disagreed with its own summary text. Without a clean cadence I cannot say whether $2.26m is three times his usual size or entirely normal, so there is no claim here either way. Noted so the absence is deliberate rather than an oversight.