Equity award and tax withholding reported by HBB (NYSE: HBB) SVP, GC
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co SVP and General Counsel Andrew C. Carington reported equity compensation-related transactions in Class A Common Stock. He received a grant of 6,954 shares at $0.00 per share under the company’s Executive Long-Term Equity Incentive Compensation Plan. On the same date, 1,238 shares at $19.40 per share were surrendered back to the company to satisfy tax withholding obligations on this award, leaving Carington with 5,716 shares of Class A Common Stock held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Carington Andrew C.
Role
SVP, GC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 6,954 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,238 | $19.40 | $24K |
Holdings After Transaction:
Class A Common Stock — 6,954 shares (Direct)
Footnotes (1)
- Shares of Class A Common Stock awarded to the Reporting Person under the Company's Executive Long-Term Equity Incentive Compensation Plan. Mandatory Cashless-Exercise-Award shares that Reporting Person surrendered to the Company in order to satisfy Reporting Person's tax withholding obligations with respect to Shares of Class A Common Stock awarded under the Company's Executive Long-Term Equity Incentive Compensation Plan.
FAQ
What insider transactions did HBB executive Andrew C. Carington report?
Andrew C. Carington reported an equity award and related tax withholding in Hamilton Beach Brands Class A Common Stock. He received 6,954 shares, then surrendered 1,238 shares to cover taxes, ending with 5,716 shares held directly after the transactions.
Was the HBB Form 4 transaction a stock purchase or equity award?
The Hamilton Beach Brands Form 4 shows an equity award, not an open-market stock purchase. Carington received 6,954 Class A Common Stock shares as a grant under the Executive Long-Term Equity Incentive Compensation Plan at a price of $0.00 per share.