Hamilton Beach (NYSE: HBB) trust makes 4,171-share bona fide stock gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co reported a Form 4 for the Vested Trust for Margaret Pollard Rankin, showing an indirect bona fide gift transfer of 4,171 shares of Class B Common Stock, corresponding to 4,171 underlying Class A shares. The position is held through a proportionate limited partnership interest in Rankin Associates HBB, L.P., and remains sizeable after the gift, with 17,026 shares of Class B Common Stock still owned indirectly.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,171 shares gifted
Mixed
1 txn
Insider
Vested Trust for Margaret Pollard Rankin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 4,171 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 17,026 shares (Indirect, Proportionate LP interest of shares held by Rankin Associates HBB, L.P.)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 4,171 shares
Underlying shares: 4,171 shares
Shares after transaction: 17,026 shares
+1 more
4 metrics
Gifted shares
4,171 shares
Bona fide gift of Class B Common Stock
Underlying shares
4,171 shares
Underlying Class A Common Stock tied to gifted derivative
Shares after transaction
17,026 shares
Class B Common Stock indirectly owned following gift
Transaction price
$0.0000 per share
Reported price for 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
"transaction_code_description: "Bona fide gift" for the share transfer"
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 is listed as "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
"underlying_security_title is noted 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 and ownership_code indicate indirect ownership"
limited partnership interest financial
"nature_of_ownership cites a proportionate LP interest"
FAQ
What insider transaction did Hamilton Beach (HBB) report on this Form 4?
Hamilton Beach reported a Form 4 for the Vested Trust for Margaret Pollard Rankin documenting a bona fide gift transfer of 4,171 shares of Class B Common Stock, tied to 4,171 underlying Class A shares, held indirectly through a limited partnership.
What are the remaining Hamilton Beach (HBB) holdings after the reported gift?
After the gift, the filing states that 17,026 shares of Class B Common Stock are owned indirectly. These holdings are reported as a proportionate limited partnership interest in Rankin Associates HBB, L.P., indicating a continued indirect economic interest in the issuer.
Was the Hamilton Beach (HBB) Form 4 transaction a market sale or purchase?
The transaction was not a market sale or purchase. It is coded as a bona fide gift (transaction code G), with 4,171 shares transferred at a reported price of $0.0000 per share, indicating a non-cash, charitable or personal transfer rather than open-market trading.