Hamilton Beach (NYSE: HBB) insider reports bona fide 1,390-share gift transaction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider Elisabeth M. Rankin reported a non-market transfer involving the company’s stock. On May 29, 2026, an entity associated with her made a bona fide gift transfer of 1,390 shares of derivative interests tied to Class A Common Stock, referenced as Class B Common Stock in the filing.
The position is held indirectly through Rankin Associates HBB, L.P., with Rankin’s interest described as a proportionate limited partner interest held by trusts for her benefit. After the gift, the indirect holdings shown for this relationship total 50,014 shares, indicating this was a relatively small, personal-planning transaction rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,390 shares gifted
Mixed
1 txn
Insider
Rankin Elisabeth M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 1,390 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 50,014 shares (Indirect, Proportionate LP interest of Rankin Associates HBB, L.P. held by Trusts fbo Reporting Person)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 1,390 shares
Post-transaction indirect holdings: 50,014 shares
Transaction price per share: $0.00 per share
+1 more
4 metrics
Gifted shares
1,390 shares
Bona fide gift transfer on May 29, 2026
Post-transaction indirect holdings
50,014 shares
Indirect holdings via Rankin Associates HBB, L.P. after gift
Transaction price per share
$0.00 per share
Gift transfer, no sale proceeds
Transaction code
G (bona fide gift)
Indicates non-market gift disposition
Key Terms
bona fide gift, Class B Common Stock, indirect ownership, Proportionate LP interest
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" for the reported transaction"
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
"direct_or_indirect "I" and ownership_type "indirect" for the holdings"
Proportionate LP interest financial
"nature_of_ownership "Proportionate LP interest of Rankin Associates HBB, L.P.""
FAQ
What insider transaction did HBB reporting person Elisabeth M. Rankin report?
Elisabeth M. Rankin reported a bona fide gift transfer of 1,390 derivative-linked shares on May 29, 2026. The transaction involved interests in Class B Common Stock tied to Class A Common Stock and reflected personal, non-market activity.
What are Elisabeth M. Rankin’s holdings after the reported HBB gift transaction?
After the gift transfer, the Form 4 shows 50,014 shares indirectly held through Rankin Associates HBB, L.P. via trusts for her benefit. This figure reflects the remaining position associated with this indirect ownership arrangement following the transaction.
Was the HBB Elisabeth M. Rankin transaction direct or indirect ownership?
The transaction involved indirect ownership. The filing identifies a proportionate limited partner interest in Rankin Associates HBB, L.P., held by trusts for Elisabeth M. Rankin, rather than shares held directly in her own name.
Does the HBB Form 4 indicate any remaining derivative positions after the gift?
The derivative summary section for this Form 4 is empty, indicating no additional derivative positions are detailed beyond those connected to the 1,390-share gift and the 50,014 shares reported as indirectly held after the transaction.