Hamilton Beach (HBB) insider gifts 4,171 Class B Common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider Margaret Pollard Rankin reported a bona fide gift of 4,171 shares of Class B Common Stock held indirectly through a trust with an interest in Rankin Associates HBB, L.P. The transaction carried a stated price of $0.00 per share and is classified as a gift transfer, not an open-market trade. Following the transaction, her indirect holdings in this security are reported as 17,026 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,171 shares gifted
Mixed
1 txn
Insider
Rankin Margaret Pollard
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 interest of Rankin Associates HBB, L.P. held by a Trust fbo Reporting Person)
Footnotes (1)
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Key Figures
Gifted shares: 4,171 shares
Price per share: $0.00 per share
Shares after transaction: 17,026 shares
+2 more
5 metrics
Gifted shares
4,171 shares
Class B Common Stock gifted as bona fide gift
Price per share
$0.00 per share
Stated transaction price for gift transfer
Shares after transaction
17,026 shares
Indirect Class B holdings following gift
Gift transactions
1 transaction
Form 4 summary giftCount
Total gifted shares
4,171 shares
Form 4 summary giftShares
Key Terms
bona fide gift, Class B Common Stock, indirect ownership, underlying security, +1 more
5 terms
bona fide gift financial
"The transaction is coded as a bona fide gift transfer of 4,171 shares."
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
"A gift transfer of 4,171 shares of Class B Common Stock was reported."
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 shares are reported as indirect ownership through a trust structure."
underlying security financial
"The derivative entry references an underlying security titled Class A Common Stock."
gift transfer financial
"The transaction action is described as a gift transfer in the filing data."
FAQ
What insider transaction did Hamilton Beach (HBB) report for Margaret Pollard Rankin?
Hamilton Beach reported that Margaret Pollard Rankin was involved in a bona fide gift transfer of 4,171 shares of Class B Common Stock. The shares were held indirectly through a trust linked to Rankin Associates HBB, L.P., rather than a direct market sale.
Was the Hamilton Beach (HBB) Form 4 transaction a stock sale or a gift?
The Form 4 transaction is classified as a bona fide gift, not a market sale or purchase. The filing shows a gift transfer of 4,171 Class B Common Stock shares at a stated price of $0.00 per share, reflecting a non-cash disposition.
How is Margaret Pollard Rankin’s ownership in Hamilton Beach (HBB) characterized?
Her ownership is reported as indirect, held through a trust with a proportionate interest in Rankin Associates HBB, L.P. The Form 4 notes that the nature of ownership is a trust for the benefit of the reporting person, rather than direct individual share ownership.
Does the Hamilton Beach (HBB) Form 4 indicate any option exercises or cash transactions?
The Form 4 does not show any option exercises or cash purchases or sales. It records a single derivative-type entry coded as a bona fide gift, with a transaction price of $0.00 per share, indicating a non-cash, gratuitous transfer of the reported shares.