Hamilton Beach (NYSE: HBB) director receives 1,431-share stock award as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mehta Bela S reported acquisition or exercise transactions in this Form 4 filing.
Hamilton Beach Brands Holding Co reported that director Bela S. Mehta received an award of 1,431 shares of Class A Common Stock. The shares were granted at $0.00 per share as “Required Shares” under the company’s Non-Employee Directors’ Equity Compensation Plan, reflecting routine equity compensation rather than an open-market purchase. Following this grant, Mehta directly holds 10,361 Class A shares, aligning her interests more closely with other shareholders through additional stock-based pay.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mehta Bela S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,431 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 10,361 shares (Direct, null)
Footnotes (1)
- Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the Company's Non-Employee Directors' Equity Compensation Plan. N/A
Key Figures
Shares granted: 1,431 shares
Grant price: $0.00 per share
Post-transaction holdings: 10,361 shares
3 metrics
Shares granted
1,431 shares
Class A Common Stock award to director Bela S. Mehta
Grant price
$0.00 per share
Price for 1,431-share equity award
Post-transaction holdings
10,361 shares
Class A Common Stock directly held by Bela S. Mehta after grant
Key Terms
Class A Common Stock, Non-Employee Directors' Equity Compensation Plan, Required Shares, Grant, award, or other acquisition
4 terms
Class A Common Stock financial
"security_title: "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.
Non-Employee Directors' Equity Compensation Plan financial
"awarded to the Reporting Person as "Required Shares" under the Company's Non-Employee Directors' Equity Compensation Plan"
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
FAQ
What insider transaction did Hamilton Beach Brands (HBB) disclose for Bela S. Mehta?
Hamilton Beach Brands disclosed that director Bela S. Mehta received an award of 1,431 shares of Class A Common Stock. The shares were granted as part of director equity compensation rather than bought on the open market.
Was the Hamilton Beach Brands (HBB) Form 4 transaction an open-market stock purchase?
No, the Form 4 shows a grant of 1,431 shares at $0.00 per share to director Bela S. Mehta. It is classified as a grant or award under the company’s Non-Employee Directors’ Equity Compensation Plan, not an open-market purchase.
What does the transaction code "A" mean in the Hamilton Beach Brands (HBB) Form 4?
The transaction code “A” indicates a grant, award, or other acquisition of shares. For Hamilton Beach Brands, it reflects 1,431 Class A shares awarded to director Bela S. Mehta as compensation under the Non-Employee Directors’ Equity Compensation Plan.