Trusts linked to Hamilton Beach (HBB) insider report gifting 5,296 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider-related entities reported bona fide gifts of 5,296 shares of Class B Common Stock on May 29, 2026. These dispositions were indirect, reflecting proportionate limited-partner interests in RA HBB, L.P. held through trusts for a child and for the reporting person.
The gifts carried a reported price of $0.00 per share, indicating no cash consideration and no open-market trading. After the transactions, the indirect positions shown include 6,789 shares, 6,947 shares, and 38,622 shares of Class B Common Stock for the respective interests. The filing notes that Julia L. Rankin disclaims beneficial ownership of all such shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,296 shares gifted
Mixed
3 txns
Insider
Rankin Julia L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 2,515 | $0.00 | -- |
| Gift | Class B Common Stock | 1,390 | $0.00 | -- |
| Gift | Class B Common Stock | 1,391 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 38,622 shares (Indirect, Proportionate LP interest of RA HBB, L.P. held by a Trust fbo Reporting Person)
Footnotes (1)
- N/A Reporting Person disclaims beneficial ownership of all such shares.
Key Figures
Shares gifted: 5,296 shares
Gift lot 1: 1,391 shares
Gift lot 2: 1,390 shares
+5 more
8 metrics
Shares gifted
5,296 shares
Total bona fide gifts of Class B Common Stock on May 29, 2026
Gift lot 1
1,391 shares
Class B Common Stock gifted via LP interest, underlying 1,391 Class A shares
Gift lot 2
1,390 shares
Class B Common Stock gifted via LP interest, underlying 1,390 Class A shares
Gift lot 3
2,515 shares
Class B Common Stock gifted via LP interest, underlying 2,515 Class A shares
Post-gift indirect holding A
6,789 shares
Class B Common Stock indirectly held after one reported gift transaction
Post-gift indirect holding B
6,947 shares
Class B Common Stock indirectly held after another reported gift transaction
Post-gift indirect holding C
38,622 shares
Class B Common Stock indirectly held after third reported gift transaction
Transaction code
G (bona fide gift)
All three Form 4 entries for May 29, 2026
Key Terms
bona fide gift, Class B Common Stock, indirect, beneficial ownership, +1 more
5 terms
bona fide gift financial
"Each transaction is described with the code G and the phrase "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
"Each transaction lists the security title as "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 financial
"The ownership type is shown as "indirect" with code "I" for each entry."
beneficial ownership financial
"A footnote states, "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.
limited-partner interest financial
"Nature of ownership references "Proportionate LP interest in shares of RA HBB, L.P.""
FAQ
What insider activity did Hamilton Beach Brands (HBB) report for Julia L. Rankin?
The report shows entities associated with Julia L. Rankin made bona fide gifts of 5,296 Class B Common shares. These were indirect dispositions tied to limited-partner interests in RA HBB, L.P., not open-market purchases or sales.
Were the Hamilton Beach Brands (HBB) gifts by Julia L. Rankin open-market sales?
No, the transactions are coded as bona fide gifts with a reported price of $0.00 per share. They represent non-cash transfers rather than market sales, so they do not reflect trading activity in Hamilton Beach Brands stock.
What were the indirect HBB holdings after the reported gift transactions?
Post-transaction figures show 6,789 shares, 6,947 shares, and 38,622 shares of Class B Common Stock in the respective indirect positions. These reflect the holdings after each gift, based on the partnership and trust structures described in the filing.