Rankin trust gifts 1,975 Hamilton Beach shares
The Trust f/b/o Paige J. Rankin 8/26/2016, reported as a member of a group, recorded a bona fide gift of 1,975 shares of Hamilton Beach Brands Holding Co Class B Common Stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
The Trust f/b/o Paige J. Rankin 8/26/2016, reported as a member of a group, recorded a bona fide gift of 1,975 shares of Hamilton Beach Brands Holding Co Class B Common Stock. The shares were held indirectly through a proportionate limited partnership interest in RA HBB, L.P.
After this gift transfer, the trust’s indirect holdings in Hamilton Beach Class B Common Stock stood at 7,869 shares. This filing reflects a non-cash, intra-portfolio transfer classified as a gift, not an open-market purchase or sale.
Insights
Small, routine gift transfer with neutral investment signal.
The trust associated with Paige J. Rankin reported a bona fide gift of 1,975 Class B Common shares, held indirectly via a partnership interest in RA HBB, L.P. The price per share is listed as 0.0000, confirming this was a non-cash transfer.
Post-transaction, the trust’s indirect position is 7,869 Class B shares, indicating it retains a meaningful stake. As a gift (code G), this is a low-signal event for investors, since it does not represent an open-market buy or sell decision.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 1,975 | $0.00 | $0.00 |
Footnotes (1)
- F1. N/A
Key Figures
Key Terms
bona fide gift financial
indirect ownership financial
Class B Common Stock financial
limited partnership interest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did the Rankin trust report for HBB?
How is the Rankin trust’s HBB ownership characterized on this Form 4?
What does transaction code G mean for the HBB Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.