Insider Rankin gifts 5,561 Hamilton Beach (HBB) Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider William A. Rankin reported a bona fide gift of 5,561 Class B Common Stock derivative interests. The transaction, dated May 29, 2026, occurred at a stated price of $0.00 per share and reflects a non-market transfer with no sale proceeds.
The position is reported as held indirectly through a proportionate interest of Rankin Associates HBB, L.P. by a trust for the benefit of the reporting person. Following the gift, the filing shows 23,991 underlying Class A Common Stock shares attributed to this indirect ownership structure.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,561 shares gifted
Mixed
1 txn
Insider
Rankin William A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 5,561 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 23,991 shares (Indirect, Proportionate interest of Rankin Associates HBB, L.P. held by a Trust fbo Reporting Person)
Footnotes (1)
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Key Figures
Gifted shares: 5,561 shares
Underlying shares gifted: 5,561 shares
Post-transaction holdings: 23,991 shares
+1 more
4 metrics
Gifted shares
5,561 shares
Class B Common Stock derivative interests gifted on May 29, 2026
Underlying shares gifted
5,561 shares
Underlying Class A Common Stock associated with the gifted derivative
Post-transaction holdings
23,991 shares
Underlying Class A Common Stock following the gift
Transaction price
$0.00 per share
Stated price for the bona fide gift transfer
Key Terms
bona fide gift, Class B Common Stock, Class A Common Stock, indirect ownership, +1 more
5 terms
bona fide gift financial
"The transaction is coded as a bona fide gift (transaction code G)."
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
"The security title for the transaction is 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.
Class A Common Stock financial
"The underlying security title is listed as Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect ownership financial
"Ownership type is reported as indirect through related entities and a trust."
Proportionate interest financial
"Nature of ownership notes a proportionate interest of Rankin Associates HBB, L.P."
FAQ
What insider transaction did William A. Rankin report for HBB?
William A. Rankin reported a bona fide gift of 5,561 Class B Common Stock derivative interests in Hamilton Beach Brands. The transfer was recorded at $0.00 per share, indicating a non-market, no-consideration disposition rather than an open-market sale.
Was Rankin’s HBB transaction a buy or a sell?
The transaction was neither a buy nor a sell; it was a gift transfer classified as a bona fide gift (code G). The filing shows no open-market purchase or sale activity, only a non-cash disposition of 5,561 derivative-linked shares.
What type of security did Rankin transfer in this HBB Form 4?
Rankin transferred Class B Common Stock derivative interests, each tied to underlying Class A Common Stock. The filing records 5,561 derivative shares and the same number of underlying Class A shares associated with this non-cash gift transaction.