Trusts tied to Hamilton Beach (HBB) gift 17,273 Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider filing reports indirect gifts of Class B shares held through a partnership and trusts. On 2026-05-29, entities associated with Elizabeth B. Rankin made bona fide gifts totaling 17,273 shares of Class B Common Stock, with no cash consideration.
The gifts were made indirectly via proportionate limited partner interests in Rankin Associates HBB, L.P., held in trusts for the reporting person, her spouse, and children. The filing also shows an indirect holding of 4,115 underlying shares of Class A Common Stock tied to Class B Common Stock. A footnote states the reporting person disclaims beneficial ownership of these shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
17,273 shares gifted
Mixed
5 txns
Insider
RANKIN ELIZABETH B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 590 | $0.00 | -- |
| Gift | Class B Common Stock | 5,561 | $0.00 | -- |
| Gift | Class B Common Stock | 5,561 | $0.00 | -- |
| Gift | Class B Common Stock | 5,561 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 8,654 shares (Indirect, Proportionate LP interest of Rankin Associates HBB, L.P. held in Trust fbo Reporting Person?s Spouse)
Footnotes (1)
- N/A Reporting Person disclaims beneficial ownership of all such shares.
Key Figures
Total gifted shares: 17,273 shares
Single gift size 1: 5,561 shares
Single gift size 2: 590 shares
+4 more
7 metrics
Total gifted shares
17,273 shares
Bona fide gifts of Class B Common Stock on May 29, 2026
Single gift size 1
5,561 shares
Class B Common Stock gifted indirectly via trust for child
Single gift size 2
590 shares
Class B Common Stock gifted indirectly via trust for spouse
Post-gift balance (child trust line)
24,286 shares
Indirect Class B Common Stock held via Rankin Associates HBB, L.P.
Post-gift balance (spouse trust line)
8,654 shares
Indirect Class B Common Stock held via Rankin Associates HBB, L.P.
Indirect derivative underlying
4,115 shares
Underlying Class A Common Stock tied to Class B position
Gift transaction price
$0.00 per share
All G-code bona fide gift transactions on May 29, 2026
Key Terms
bona fide gift, Class B Common Stock, underlying security, indirect ownership, +2 more
6 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
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
"security_title": "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.
underlying security financial
"underlying_security_title": "Class A Common Stock""
indirect ownership financial
"ownership_type": "indirect""
proportionate LP interest financial
"nature_of_ownership": "Proportionate LP interest in shares of Rankin Assoc HBB, L.P.""
disclaims beneficial ownership financial
"Reporting Person disclaims beneficial ownership of all such shares."
FAQ
What insider activity did Hamilton Beach (HBB) report in this Form 4?
Hamilton Beach reported that entities associated with Elizabeth B. Rankin made bona fide gifts of 17,273 Class B Common Stock shares on May 29, 2026. These were indirect transfers through partnership interests held in various trusts, not open-market trades.
Were the Hamilton Beach (HBB) insider transactions open-market sales or purchases?
The filing shows no open-market buys or sells. Instead, it reports four transactions coded G as bona fide gifts of Class B Common Stock, transferred indirectly via partnership interests in trusts for family members, all at a stated price of $0.00 per share.