Hamilton Beach (HBB) director grant increases insider holdings
Rhea-AI Filing Summary
John C. Butler Jr., a director of Hamilton Beach Brands Holding Co (HBB), was awarded 1,793 shares of Class A Common Stock on 10/01/2025 as “Required Shares” under the company’s Non-Employee Directors' Equity Compensation Plan. After the grant, the filing shows the reporting person directly or indirectly holding a total of 180,217 shares in one trust for his benefit, additional trust holdings of 10,079 and 10,391 for minor children, 157,778 for his spouse, 2,800 in an IRA for the reporting person, and 780 in a BTR 2020 GST where the spouse is trustee. The filer disclaims beneficial ownership of the child and spouse trust shares where noted. The Form 4 was signed by an attorney-in-fact on 10/03/2025.
Positive
- None.
Negative
- None.
Insights
Director awarded 1,793 shares; holdings show concentrated family trusts.
The grant of 1,793 Class A shares on 10/01/2025 is recorded as compensation under the Non-Employee Directors' Equity Compensation Plan, indicating routine director equity vesting rather than an open-market purchase. The Form 4 lists substantial aggregate holdings across trusts and accounts—totaling at least the disclosed figures—suggesting the reporting person and immediate family maintain significant ownership exposure to HBB.
The filing also contains explicit disclaimers of beneficial ownership for the minor-child and some spouse-held shares, which is a legal clarification that affects how ownership is counted under Section 16 reporting rules.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,793 | $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 | -- | -- | -- |
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.
