Hamilton Beach (NYSE: HBB) associated holder reports 7,637 gifted Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co associated holder RANKIN CLAIBORNE R JR reported indirect, non‑cash transfers of Class B Common Stock classified as bona fide gifts. The filing shows four gift transactions totaling 7,637 derivative-equivalent shares at $0.00 per share, all through limited partnership and trust interests.
The interests are held via RA HBB, L.P. and related trusts for the benefit of the reporting person and children, and the reporting person disclaims beneficial ownership of all such shares. These are not open‑market purchases or sales, but estate or family planning–type transfers.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,637 shares gifted
Mixed
4 txns
Insider
RANKIN CLAIBORNE R JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 2,515 | $0.00 | -- |
| Gift | Class B Common Stock | 1,171 | $0.00 | -- |
| Gift | Class B Common Stock | 1,976 | $0.00 | -- |
| Gift | Class B Common Stock | 1,975 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 29,713 shares (Indirect, Proportionate interest in shares 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
Gifted shares (transaction 1): 1,975 shares
Gifted shares (transaction 2): 1,976 shares
Gifted shares (transaction 3): 1,171 shares
+5 more
8 metrics
Gifted shares (transaction 1)
1,975 shares
Class B Common Stock gifted on 2026-05-29
Gifted shares (transaction 2)
1,976 shares
Class B Common Stock gifted on 2026-05-29
Gifted shares (transaction 3)
1,171 shares
Class B Common Stock gifted on 2026-05-29
Gifted shares (transaction 4)
2,515 shares
Class B Common Stock gifted on 2026-05-29
Total gifted shares
7,637 shares
Sum of four G-code gift transactions
Indirect holdings after gift (trust for child)
7,869 shares
Class B Common Stock via RA HBB, L.P. interest
Indirect holdings after gift (trust for child, second entry)
7,846 shares
Class B Common Stock via RA HBB, L.P. interest
Indirect holdings after gift (trust for reporting person)
29,713 shares
Class B Common Stock via RA HBB, L.P. interest
Key Terms
bona fide gift, Class B Common Stock, indirect ownership, beneficial ownership, +1 more
5 terms
bona fide gift financial
"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""
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.
limited partnership interest financial
"Proportionate LP interest of RA HBB, L.P. held by a Trust"
FAQ
What did the HBB reporting person disclose in this Form 4?
The filing discloses four indirect transfers of Hamilton Beach Brands (HBB) Class B Common Stock, all categorized as bona fide gifts. These gifts involve partnership and trust interests rather than open-market trades, and the reporting person disclaims beneficial ownership of the related shares.
Were the HBB Form 4 transactions open-market buys or sells?
No, the transactions are not open-market buys or sells. Each is coded as a G transaction, described as a bona fide gift, with a transaction price of $0.00 per share. They represent transfers through partnership and trust interests, not trading activity on an exchange.
What is the significance of transaction code G in this HBB Form 4?
Transaction code G identifies each transfer as a bona fide gift rather than a sale or purchase. In this HBB Form 4, all four transactions use code G, indicating non-cash, gift-type dispositions of indirect interests in Class B Common Stock through partnership and trust structures.