Family trust for HBB insider Corbin Rankin reports 14,284-share gift (NYSE: HBB)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider Corbin Rankin reported mainly indirect holdings in Class B common stock of the company through limited partnership and trust structures. The filing centers on family-related interests rather than direct, open-market trades.
On May 29, 2026, an entity associated with Rankin reported a bona fide gift of 14,284 shares of Class B Common Stock, held as a proportionate limited partnership interest of RA HBB, L.P. through a trust for the reporting person’s spouse. After this gift, that trust-related position showed 78,358 Class B shares remaining. Multiple additional line items reflect the spouse’s proportionate limited and general partner interests, and trust holdings for family members. A footnote states that the reporting person disclaims beneficial ownership of all such shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,284 shares gifted
Mixed
9 txns
Insider
RANKIN CORBIN
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 14,284 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 78,358 shares (Indirect, Proportionate LP interest of RA HBB, L.P. held by a Trust fbo Reporting Person?s Spouse)
Footnotes (1)
- N/A Reporting Person disclaims beneficial ownership of all such shares.
Key Figures
Gifted Class B shares: 14,284 shares
Remaining spouse trust position: 78,358 shares
Indirect LP interest (trust for reporting person): 213,800 shares
+3 more
6 metrics
Gifted Class B shares
14,284 shares
Bona fide gift on May 29, 2026 via trust linked to spouse
Remaining spouse trust position
78,358 shares
Class B Common Stock held indirectly after the gift
Indirect LP interest (trust for reporting person)
213,800 shares
Proportionate LP interest of RA HBB, L.P. in trust for reporting person
Indirect LP interest (James T Rankin GST 2012)
18,861 shares
Spouse’s proportionate LP interest held by BTR 2012 GST for James T Rankin
Indirect LP interest (Mathew M Rankin GST 2012)
18,861 shares
Spouse’s proportionate LP interest held by BTR 2012 GST for Mathew M Rankin
Indirect LP interest (James T Rankin GST 2020)
20,096 shares
Spouse’s proportionate LP interest held by BTR 2020 GST for James T Rankin
Key Terms
Class B Common Stock, bona fide gift, indirect, proportionate LP interest, +1 more
5 terms
Class B Common Stock financial
"security_title": "Class B Common Stock""
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.
bona fide gift financial
"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.
indirect financial
"ownership_type": "indirect""
proportionate LP interest financial
"nature_of_ownership": "Proportionate LP interest of RA HBB, L.P."
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.
FAQ
What insider activity did Corbin Rankin report for Hamilton Beach Brands (HBB)?
Corbin Rankin reported primarily indirect holdings in Hamilton Beach Brands Class B common stock through RA HBB, L.P. and related trusts. The only transaction was a bona fide gift of 14,284 Class B shares from a trust associated with the reporting person’s spouse.
Does this Hamilton Beach Brands (HBB) Form 4 reflect open-market buying or selling?
No, the Form 4 does not show open-market buying or selling of Hamilton Beach Brands shares. It records a bona fide gift of 14,284 Class B shares and multiple indirect holding positions, rather than purchases or sales on the open market.