Director-linked entities at Hamilton Beach (HBB) report 21K-share stock gifts in Form 4 filing
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co director-associated entities reported a series of stock gifts. On 2026-05-29, trusts and partnership interests associated with director John C. Butler Jr. made bona fide gifts totaling 21342 shares of Class B Common Stock. These positions are all reported as indirect holdings, including interests in RA HBB, L.P., multiple 2020 GST trusts for family members, and an individual retirement account. A footnote states that the reporting person disclaims beneficial ownership of all such shares. The filing also lists remaining indirect derivative positions over Class B Common Stock corresponding to 20096, 8107, 8107 and 2800 underlying Class A shares held through these entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,342 shares gifted
Mixed
10 txns
Insider
BUTLER JOHN C JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 2,780 | $0.00 | -- |
| Gift | Class B Common Stock | 2,780 | $0.00 | -- |
| Gift | Class B Common Stock | 5,111 | $0.00 | -- |
| Gift | Class B Common Stock | 5,111 | $0.00 | -- |
| Gift | Class B Common Stock | 2,780 | $0.00 | -- |
| Gift | Class B Common Stock | 2,780 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 142,961 shares (Indirect, Proportionate interest of RA HBB, L.P. held by a Trust fbo the Reporting Person?s Spouse)
Footnotes (1)
- N/A Reporting Person disclaims beneficial ownership of all such shares.
Key Figures
Gifted shares: 21342 shares Class B Common Stock
Gift transactions: 6 transactions
Indirect derivative holding: 20096 underlying shares
+3 more
6 metrics
Gifted shares
21342 shares Class B Common Stock
Total bona fide gifts on 2026-05-29
Gift transactions
6 transactions
All coded G for bona fide gifts
Indirect derivative holding
20096 underlying shares
Spouse’s proportionate RA HBB, L.P. interest via 2020 GST trust
Indirect derivative holding
8107 underlying shares
JCB 2020 GST trust for Griffin B. Butler
Indirect derivative holding
8107 underlying shares
JCB 2020 GST trust for Clara R. Butler
IRA holding
2800 underlying shares
Individual Retirement Account for benefit of reporting person
Key Terms
bona fide gift, Class B Common Stock, indirect, disclaims beneficial ownership
4 terms
bona fide gift financial
"transaction_code_description is listed as "Bona fide gift" for several entries"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Class B Common Stock financial
"Each transaction lists the security title as "Class B Common Stock""
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
indirect financial
"ownership_type is "indirect" and ownership_code is "I" for all positions"
disclaims beneficial ownership financial
"A footnote states "Reporting Person disclaims beneficial ownership of all such shares.""
FAQ
What insider activity did HBB disclose for John C. Butler Jr.?
Hamilton Beach Brands disclosed that entities associated with director John C. Butler Jr. made bona fide gifts of 21342 shares of Class B Common Stock. These were indirect holdings in trusts and partnership interests rather than direct open-market trades.
Were the HBB insider transactions open-market sales or purchases?
The reported insider activity consists of bona fide gifts, not open-market sales or purchases. All six derivative transactions are coded as gifts, with zero transaction price per share, and are reported as indirect dispositions through various trusts and partnership interests.
What indirect HBB holdings remain after the reported gifts?
The filing lists several remaining indirect positions in Class B Common Stock corresponding to 20096, 8107, 8107 and 2800 underlying Class A shares. These are held through family trusts, RA HBB, L.P. interests and an individual retirement account.
How many gift transactions were reported in this HBB Form 4?
The transaction summary shows six gift transactions, classified as derivative-type entries with transaction code G. Combined, they represent 21342 Class B shares transferred as bona fide gifts by entities associated with the reporting person.