Hamilton Beach trust gifts 17,278 shares
Hamilton Beach Brands Holding Co insider reporting for Claiborne R. Rankin shows primarily indirect holdings of Class B common stock through family trusts and limited partnerships.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider reporting for Claiborne R. Rankin shows primarily indirect holdings of Class B common stock through family trusts and limited partnerships. One trust for his benefit made a bona fide gift of 17,278 shares of Class B common stock, leaving that trust with 48,530 shares held indirectly after the transfer. Other entries in the filing list indirect positions such as partnership and trust interests for various family members. The reporting person disclaims beneficial ownership of all such shares, and the gift is a non-market transfer rather than an open-market sale or purchase.
Insider Trade Summary
17,278 shares gifted
Gift
10 txns
Insider
RANKIN CLAIBORNE R
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 17,278 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| 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 — 48,530 contracts (Indirect, Proportionate LP interest RA HBB, L.P. held by a Trust fbo Reporting Person);
Class B Common Stock — 18,861 contracts (Indirect, Proportionate LP interest of RA HBB, L.P. held by BTR 2012 GST for Chloe R. Seelbach);
Class B Common Stock — 18,861 contracts (Indirect, Proportionate LP interest of RA HBB, L.P. held by BTR 2012 GST for Julia R. Kuipers);
Class B Common Stock — 20,096 contracts (Indirect, Proportionate LP interest of RA HBB, L.P. held by BTR 2020 GST fbo Chloe R. Seelbach);
Class B Common Stock — 20,096 contracts (Indirect, Proportionate LP interest of RA HBB, LP held by BTR 2020 GST fbo Claiborne R. Rankin, Jr.);
Class B Common Stock — 18,861 contracts (Indirect, Proportionate LP interest of RA HBB, LP held by BTR 2012 GST for Claiborne R. Rankin, Jr);
Class B Common Stock — 20,096 contracts (Indirect, Proportionate LP interest of Rankin Associates, HBB, L.P. held by BTR 2020 GST fbo Julia R. Kuipers);
Class B Common Stock — 122,893 contracts (Indirect, Reporting Person serves as Trustee of a Trust for the benefit of Clairborne R. Rankin);
Class B Common Stock — 272,904 contracts (Indirect, Proportionate LP interest of Rankin Associates, HBB, LP held by Trusts fbo Reporting Person's Spouse);
Class B Common Stock — 3,950 contracts (Indirect, Proportionate GP interest in shares of RA HBB, L.P. held by Rankin Management, Inc.)
Footnotes (2)
- F1. N/A
- F2. Reporting Person disclaims beneficial ownership of all such shares.
Key Figures
Gifted shares: 17,278 shares Class B Common Stock
Trust holdings after gift: 48,530 shares Class B Common Stock
Spousal trust LP interest: 272,904 shares Class B Common Stock
+2 more
5 metrics
Gifted shares
17,278 shares Class B Common Stock
Bona fide gift by trust for reporting person
Trust holdings after gift
48,530 shares Class B Common Stock
Indirect LP interest for trust for reporting person
Spousal trust LP interest
272,904 shares Class B Common Stock
Proportionate LP interest via Rankin Associates, HBB, LP
Trust for Claiborne R. Rankin
122,893 shares Class B Common Stock
Trust where reporting person serves as trustee
GST trust for Julia R. Kuipers
20,096 shares Class B Common Stock
Proportionate LP interest of Rankin Associates, HBB, L.P.
Key Terms
bona fide gift, indirect, beneficial ownership, Class B Common Stock, +1 more
5 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.
indirect financial
""ownership_type": "indirect""
beneficial ownership financial
"Reporting Person disclaims beneficial ownership of all such shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
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.
nature of ownership financial
""nature_of_ownership": "Proportionate LP interest of Rankin Associates, HBB, LP""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HBB report for Claiborne R. Rankin?
Hamilton Beach Brands reported a Form 4 showing a bona fide gift of 17,278 shares of Class B common stock by a trust associated with Claiborne R. Rankin, rather than an open-market sale or purchase.
Does the HBB Form 4 indicate any insider buying or selling on the market?
The Form 4 does not show open-market buys or sells. It reports a bona fide gift of 17,278 shares and several holding entries for indirect positions, with no purchases or sales marked in the transaction summary.
AI-generated analysis. How Rhea-AI works. Not financial advice.
