Hamilton Beach (NYSE: HBB) discloses spouse equity grant held in trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BUTLER HELEN RANKIN reported acquisition or exercise transactions in this Form 4 filing.
Hamilton Beach Brands Holding Co reported an updated insider position for Helen Rankin Butler related to indirect holdings of Class A Common Stock. The filing shows an award of 1,431 shares to Butler’s spouse as “Required Shares” under the company’s Non-Employee Directors’ Equity Compensation Plan, held in a trust for the spouse’s benefit. After this award, that trust holds 185,068 shares indirectly. Additional entries list existing indirect balances in other trusts and an IRA, and Butler disclaims beneficial ownership of all such shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
BUTLER HELEN RANKIN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,431 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 185,068 shares (Indirect, Held in Trust for the benefit of Spouse)
Footnotes (1)
- Shares of Class A Common Stock awarded to the Reporting Person's spouse as "Required Shares" under the Company's Non-Employee Directors' Equity Compensation Plan. N/A Reporting Person disclaims beneficial ownership of all such shares.
Key Figures
Equity award shares: 1,431 shares
Spouse trust holding: 185,068 shares
GST trust holding: 780 shares
+4 more
7 metrics
Equity award shares
1,431 shares
Class A Common Stock granted to spouse as Required Shares
Spouse trust holding
185,068 shares
Class A shares held in trust for spouse after award
GST trust holding
780 shares
BTR 2020 GST Trust for benefit of reporting person
Spouse IRA holding
2,800 shares
Individual Retirement Account for the benefit of spouse
Minor child trust holding A
10,079 shares
Trust for benefit of reporting person’s minor child
Minor child trust holding B
10,391 shares
Second trust for benefit of reporting person’s minor child
Trust for reporting person
157,778 shares
Trust for benefit of reporting person
Key Terms
Non-Employee Directors' Equity Compensation Plan, Required Shares, beneficial ownership, Individual Retirement Account, +1 more
5 terms
Non-Employee Directors' Equity Compensation Plan financial
"Shares of Class A Common Stock awarded to the Reporting Person's spouse as "Required Shares" under the Company's Non-Employee Directors' Equity Compensation Plan."
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.
Individual Retirement Account financial
"Individual Retirement Account for the benefit of Spouse"
GST Trust financial
"Reporting Person serves as the Trustee of BTR 2020 GST Trust for the benefit of the Reporting Person"
FAQ
What insider activity did HBB report for Helen Rankin Butler on this Form 4?
Hamilton Beach Brands reported an indirect award of 1,431 Class A shares to Helen Rankin Butler’s spouse under a directors’ equity plan, plus updated balances in several trusts and an IRA, all reported as indirect holdings with disclaimed beneficial ownership.