Hamilton Beach (HBB) insider reports bona fide share gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider Matilda Alan Kuipers reported a bona fide gift of 1,390 shares of Class B Common Stock held indirectly. The transfer was recorded as a gift transaction with no cash consideration. After the transfer, indirect holdings reported for her trust-related interest totaled 6,947 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,390 shares gifted
Mixed
1 txn
Insider
Kuipers Matilda Alan
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 1,390 | $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 fbo Reporting Person)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 1,390 shares
Holdings after transaction: 6,947 shares
Transaction price: $0.0000 per share
+1 more
4 metrics
Shares gifted
1,390 shares
Bona fide gift of Class B Common Stock
Holdings after transaction
6,947 shares
Indirect holdings following gift transfer
Transaction price
$0.0000 per share
Gift transfer with no cash consideration
Underlying shares
1,390 shares
Underlying Class A Common Stock associated with derivative entry
Key Terms
bona fide gift, Class B Common Stock, indirect ownership, derivative transaction
4 terms
bona fide gift financial
"transaction_action: "gift transfer" and 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.
indirect ownership financial
"ownership_type: "indirect" and ownership_code: "I""
derivative transaction financial
"transaction_type: "derivative" for the reported gift"
FAQ
What insider transaction did Hamilton Beach (HBB) report for Matilda Alan Kuipers?
Hamilton Beach reported that Matilda Alan Kuipers made a bona fide gift transfer of 1,390 shares of Class B Common Stock. The shares were held indirectly, linked to a trust’s proportionate interest in Rankin Associates HBB, L.P., and were transferred with no cash consideration.
How is Matilda Alan Kuipers’ ownership in Hamilton Beach (HBB) characterized in the Form 4?
Her ownership is characterized as indirect, through a proportionate interest in Rankin Associates HBB, L.P. held by a trust for her benefit. The Form 4 identifies the nature of ownership as indirect and links the reported shares to this trust-related partnership interest.
What type of Hamilton Beach (HBB) security was involved in the insider gift transaction?
The transaction involved Class B Common Stock of Hamilton Beach Brands Holding Co. The filing describes it as a derivative-type transaction related to underlying Class A Common Stock, with 1,390 underlying shares corresponding to the same number of Class B shares gifted.