Trust linked to Hamilton Beach (HBB) reports 1,391-share bona fide gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co reported that the 2013 Trust fbo Evelyn R. Kuipers made a bona fide gift of 1,391 shares of Class B Common Stock on 2026-05-29. The shares were held indirectly through a proportionate limited partner interest in Rankin Associates HBB, L.P., and no price was received.
After this gift transfer, the trust’s indirect holdings in this security are reported as 6,789 shares of Class B Common Stock. Because this is a non-cash, charitable-style disposition rather than a market sale, it mainly reflects personal or estate planning decisions rather than a change in view on the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,391 shares gifted
Mixed
1 txn
Insider
2013 Trust fbo Evelyn R. Kuipers
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 1,391 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 6,789 shares (Indirect, Proportionate LP interest of shares held by Rankin Associates HBB, L.P.)
Footnotes (1)
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Key Figures
Shares gifted: 1,391 shares
Shares held after transaction: 6,789 shares
Gift price per share: $0.0000 per share
+1 more
4 metrics
Shares gifted
1,391 shares
Bona fide gift of Class B Common Stock on 2026-05-29
Shares held after transaction
6,789 shares
Indirect Class B Common Stock holdings following gift
Gift price per share
$0.0000 per share
Indicates no consideration received for gifted shares
Underlying security shares
1,391 shares
Underlying Class A Common Stock equivalent reported for derivative entry
Key Terms
bona fide gift, Class B Common Stock, indirect ownership, limited partner 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""
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
"ownership_type: "indirect" and nature_of_ownership: "Proportionate LP interest""
limited partner interest financial
"nature_of_ownership: "Proportionate LP interest of shares held by Rankin Associates HBB, L.P.""
FAQ
What insider transaction did the 2013 Trust fbo Evelyn R. Kuipers report for Hamilton Beach Brands (HBB)?
The trust reported a bona fide gift of 1,391 shares of Class B Common Stock. This non-cash transfer reflects a disposition for no consideration, typically related to personal or estate planning rather than a market-driven trade in Hamilton Beach Brands stock.
Was the Hamilton Beach Brands (HBB) Form 4 transaction a sale or a gift?
The transaction was a bona fide gift, not an open-market sale. The Form 4 lists transaction code G and a price of $0.0000 per share, indicating a transfer without consideration rather than a trade executed on a securities exchange.
How is the 2013 Trust’s ownership in Hamilton Beach Brands (HBB) characterized in the Form 4?
The holdings are reported as indirect ownership through a proportionate limited partner interest in Rankin Associates HBB, L.P. This means the trust’s interest is through the partnership structure rather than direct, individually registered shares of Hamilton Beach Brands.
Does the Hamilton Beach Brands (HBB) Form 4 indicate any option exercises or derivative activity?
The Form 4 classifies the entry as a derivative-type record but reflects only a gift transfer of 1,391 underlying Class A-equivalent shares. There are no option exercises, conversions, or remaining derivative positions listed in the derivative summary of this filing.