Hamilton Beach (HBB) director receives 1,431-share equity award via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BUTLER JOHN C JR reported acquisition or exercise transactions in this Form 4 filing.
Hamilton Beach Brands Holding Co director John C. Butler Jr. reported an indirect award of 1,431 shares of Class A common stock, recorded at $0.00 per share, to a trust for his benefit under the company’s Non-Employee Directors' Equity Compensation Plan as “Required Shares.”
The Form 4 also lists indirect holdings in several other trusts and an Individual Retirement Account, including 185,068 shares held in a trust for his benefit after this award. Butler reports these as associated entities and disclaims beneficial ownership of all such shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
BUTLER JOHN C JR
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 Reporting Person)
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 Reporting Person disclaims beneficial ownership of all such shares.
Key Figures
Share award: 1,431 shares
Award price: $0.00 per share
Trust for reporting person: 185,068 shares
+4 more
7 metrics
Share award
1,431 shares
Class A Common Stock granted at $0.00 per share under director plan
Award price
$0.00 per share
Required Shares granted to trust for benefit of reporting person
Trust for reporting person
185,068 shares
Class A Common Stock held in trust for benefit of reporting person after award
Spouse’s trust
157,778 shares
Class A Common Stock held in trust for benefit of spouse
IRA holding
2,800 shares
Class A Common Stock in Individual Retirement Account for reporting person
Child trust holding A
10,391 shares
Class A Common Stock held in trust for benefit of minor child
Child trust holding B
10,079 shares
Class A Common Stock held in trust for benefit of minor child
Key Terms
Non-Employee Directors' Equity Compensation Plan, Required Shares, Individual Retirement Account, beneficial ownership, +1 more
5 terms
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"
Individual Retirement Account financial
"Individual Retirement Account for the benefit of Reporting Person"
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.
indirect ownership financial
"ownership_type": "indirect""
FAQ
What insider activity did Hamilton Beach Brands (HBB) report for John C. Butler Jr.?
Hamilton Beach director John C. Butler Jr. reported an indirect award of 1,431 Class A shares to a trust for his benefit. The shares were granted at $0.00 under the Non-Employee Directors' Equity Compensation Plan.
Was the Hamilton Beach (HBB) Form 4 a buy or sell transaction?
The Form 4 shows an acquisition via a share award, not a market buy or sell. Butler received 1,431 Class A shares indirectly through a trust as “Required Shares” under the company’s director equity compensation plan.
What other indirect Hamilton Beach (HBB) holdings are associated with John C. Butler Jr.?
The filing lists indirect Class A share holdings through several entities: a spouse’s trust, an Individual Retirement Account, and trusts for his spouse and minor children, with reported balances such as 157,778 and 10,391 shares in specific trusts.
What does Hamilton Beach’s Non-Employee Directors' Equity Compensation Plan provide to directors?
The plan provides equity-based compensation, including “Required Shares” granted to non-employee directors. In this filing, 1,431 Class A shares were awarded under the plan to a trust for the benefit of director John C. Butler Jr.