Hamilton Beach (HBB) insider linked trust receives 1,581-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider Corbin Rankin reported an acquisition of 1,581 shares of Class A Common Stock on April 1, 2026. These were awarded to Rankin’s spouse as “Required Shares” under the company’s Non-Employee Directors' Equity Compensation Plan and are held in a trust for the spouse’s benefit.
The trust now holds 190,288 shares, while Rankin also reports separate direct and additional indirect holdings, and disclaims beneficial ownership of all such shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
RANKIN CORBIN
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,581 | $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 — 190,288 shares (Indirect, Held by Trust for the benefit of spouse);
Class A Common Stock — 6,444 shares (Direct)
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: 1,581 shares
Spouse trust holdings: 190,288 shares
Direct holdings: 6,444 shares
+3 more
6 metrics
Equity award
1,581 shares
Class A Common Stock granted April 1, 2026
Spouse trust holdings
190,288 shares
Indirect Class A shares held by trust for spouse after award
Direct holdings
6,444 shares
Class A Common Stock held directly by reporting person
Estate-related trust holdings
5,322 shares
Indirect Class A shares in trust for estate of Alfred M. Rankin
BTR 2020 GST trust holdings
780 shares each
Indirect Class A shares in three separate BTR 2020 GST trusts
Award price
$0.0000 per share
Price per share for the 1,581-share equity award
Key Terms
Non-Employee Directors' Equity Compensation Plan, Required Shares, beneficial ownership, Held by Trust for the benefit of spouse, +1 more
5 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"
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.
Held by Trust for the benefit of spouse financial
"nature_of_ownership": "Held by Trust for the benefit of spouse""
GST trust financial
"Spouse serves as Trustee of BTR 2020 GST for the benefit of James T. Rankin"
FAQ
What insider transaction did Corbin Rankin report for HBB?
Corbin Rankin reported an acquisition of 1,581 shares of Hamilton Beach Brands Class A Common Stock. The shares were awarded to his spouse as Required Shares under the Non-Employee Directors' Equity Compensation Plan and are held in a trust for her benefit.
Are there other HBB holdings reported besides the spouse trust?
Yes. The Form 4 also lists 6,444 Class A shares held directly by Corbin Rankin and additional indirect holdings in several trusts, including one for the estate of Alfred M. Rankin and multiple BTR 2020 GST trusts benefiting individual family members.