Spouse of Hamilton Beach (HBB) insider awarded 2,062 Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider Victoire G. Rankin reported an indirect acquisition of 2,062 shares of Class A Common Stock on April 1, 2026. These shares were awarded to the reporting person’s spouse as “Required Shares” under the company’s Non-Employee Directors’ Equity Compensation Plan at a stated price of $0.00 per share and held in a trust. The reporting person disclaims beneficial ownership of these shares. The filing also lists other indirect Class A holdings in a spouse IRA and additional trusts, with updated post-transaction balances but no additional buy or sell activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
RANKIN VICTOIRE G
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,062 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 368,479 shares (Indirect, Spouse serves as Trustee of a Trust for the benefit of Alfred M. Rankin, Jr.)
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: 2,062 shares
Award price: $0.00 per share
Trust holdings after award: 368,479 shares
+3 more
6 metrics
Equity award
2,062 shares
Class A Common Stock awarded on April 1, 2026
Award price
$0.00 per share
Required Shares under Non-Employee Directors’ Equity Compensation Plan
Trust holdings after award
368,479 shares
Trust for benefit of Alfred M. Rankin, Jr., spouse as trustee
Spouse IRA holdings
14,160 shares
Individual Retirement Account for reporting person’s spouse
Bruce T. Rankin trust holdings
11,076 shares
Trust for benefit of Bruce T. Rankin
Reporting person trust holdings
69,872 shares
Trust for benefit of the reporting person
Key Terms
Non-Employee Directors' Equity Compensation Plan, Required Shares, Individual Retirement Account, beneficial ownership
4 terms
Non-Employee Directors' Equity Compensation Plan financial
"awarded to the Reporting Person's spouse as "Required Shares" under the Company's Non-Employee Directors' Equity Compensation Plan"
Individual Retirement Account financial
"Held in an Individual Retirement Account for the benefit of the Reporting Person's spouse"
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 transaction did HBB reporting person Victoire G. Rankin report?
Victoire G. Rankin reported an indirect acquisition of 2,062 HBB Class A Common shares. The shares were awarded to the reporting person’s spouse as “Required Shares” under Hamilton Beach’s Non-Employee Directors’ Equity Compensation Plan, rather than bought in the open market.
What other indirect HBB holdings are disclosed for Victoire G. Rankin?
The filing lists 14,160 HBB Class A shares in a spouse’s Individual Retirement Account, 11,076 shares in a trust for Bruce T. Rankin, and 69,872 shares in a trust for the reporting person. These entries are holdings disclosures, not new purchase or sale transactions.
What does it mean that the HBB reporting person disclaims beneficial ownership?
Disclaiming beneficial ownership means the reporting person states they should not be treated as the beneficial owner of certain shares. In this HBB Form 4, the reporting person disclaims beneficial ownership of the awarded shares held in the trust, even though they are reported for transparency.