Hamilton Beach (HBB) insider linked trusts gift 5,296 Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider Jacob A. Kuipers reported non-market gift transfers of Class B Common Stock held indirectly through family-related entities. On 2026-05-29, entities associated with him made three bona fide gifts totaling 5,296 shares of Class B stock, each at a stated price of $0.00 per share.
The interests were held indirectly through Rankin Associates HBB, L.P. in trusts for his spouse and children, and the filing states that Kuipers disclaims beneficial ownership of all such shares. Following these gifts, the trusts continue to hold Class B shares, including 38,622 shares in the spouse’s trust and 6,789 and 6,947 shares in the children’s trusts, according to the reported indirect holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,296 shares gifted
Mixed
3 txns
Insider
Kuipers Jacob A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 1,390 | $0.00 | -- |
| Gift | Class B Common Stock | 1,391 | $0.00 | -- |
| Gift | Class B Common Stock | 2,515 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 6,947 shares (Indirect, Proportionate interest of Rankin Associates HBB, L.P. held by a Trust for the benefit of child)
Footnotes (1)
- N/A Reporting Person disclaims beneficial ownership of all such shares.
Key Figures
Gifted shares (spouse trust): 2,515 shares
Gifted shares (child trust 1): 1,391 shares
Gifted shares (child trust 2): 1,390 shares
+5 more
8 metrics
Gifted shares (spouse trust)
2,515 shares
Bona fide gift of Class B Common Stock on May 29, 2026
Gifted shares (child trust 1)
1,391 shares
Bona fide gift of Class B Common Stock on May 29, 2026
Gifted shares (child trust 2)
1,390 shares
Bona fide gift of Class B Common Stock on May 29, 2026
Total gifted shares
5,296 shares
Aggregate of three bona fide gifts of Class B Common Stock
Indirect holding after gifts (spouse trust)
38,622 shares
Class B Common Stock held indirectly via spouse’s trust after transactions
Indirect holding after gifts (child trust 1)
6,789 shares
Class B Common Stock held indirectly via first child’s trust after transactions
Indirect holding after gifts (child trust 2)
6,947 shares
Class B Common Stock held indirectly via second child’s trust after transactions
Gift price per share
$0.00 per share
All gifts recorded at zero dollar transaction price
Key Terms
bona fide gift, Class B Common Stock, indirect ownership, beneficial ownership disclaimed, +1 more
5 terms
bona fide gift financial
"Each transaction is coded as a bona fide gift with no sale proceeds."
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 reported transactions involve Class B Common Stock of Hamilton Beach Brands."
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 ownership financial
"The filing classifies these positions as indirect ownership through family-related entities."
beneficial ownership disclaimed financial
"A footnote states that the reporting person disclaims beneficial ownership of all such shares."
Rankin Associates HBB, L.P. financial
"Interests are held via Rankin Associates HBB, L.P. in trusts for spouse and children."
FAQ
What insider transaction did Jacob A. Kuipers report for Hamilton Beach Brands (HBB)?
Jacob A. Kuipers reported bona fide gifts of Hamilton Beach Brands Class B Common Stock held indirectly through family-related entities. These transfers were recorded as non-market gifts at a stated price of $0.00 per share, reflecting estate or family planning rather than open-market trading activity.
Were the Hamilton Beach Brands (HBB) insider transactions market sales or purchases?
The reported insider transactions were not market sales or purchases; they were bona fide gifts. All three entries show a transaction price of $0.00 per share and are coded as “G” for gift transfers, indicating no sale proceeds or open-market trading in Hamilton Beach Brands shares.
What are the indirect Hamilton Beach Brands (HBB) holdings after the reported gifts?
After the gifts, the filing shows indirect holdings including 38,622 Class B shares in a trust for Kuipers’s spouse, and 6,789 and 6,947 shares in trusts for children. These figures reflect remaining indirect positions associated with family trusts following the 5,296 gifted shares reported in the Form 4.