Director Butler of Hamilton Beach (NYSE: HBB) awarded 1,581 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BUTLER JOHN C JR reported acquisition or exercise transactions in this Form 4 filing.
Hamilton Beach Brands Holding Co director John C. Butler Jr. was awarded 1,581 shares of Class A Common Stock as “Required Shares” under the company’s Non-Employee Directors’ Equity Compensation Plan. The shares are held in a trust for his benefit and reported as indirect ownership.
The filing also lists indirect holdings in additional trusts and an individual retirement account for his benefit, his spouse, and minor children, with post-transaction positions such as 183,637 shares in one trust and 157,778 shares in a trust for his spouse. Butler disclaims beneficial ownership of all such shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
BUTLER JOHN C JR
Role
Director
| 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 — 183,637 shares (Indirect, Held in Trust for the benefit of Reporting Person)
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.
Key Figures
Director stock award: 1,581 shares of Class A Common Stock
Trust holding for director: 183,637 shares
Trust holding for minor child: 10,079 shares
+4 more
7 metrics
Director stock award
1,581 shares of Class A Common Stock
Required Shares under Non-Employee Directors’ Equity Compensation Plan
Trust holding for director
183,637 shares
Held in trust for the benefit of reporting person after transaction
Trust holding for minor child
10,079 shares
Held in trust for the benefit of reporting person’s minor child
Second trust for minor child
10,391 shares
Held in trust for the benefit of reporting person’s minor child
Spouse’s trust holding
157,778 shares
Held in trust for the benefit of spouse
Individual Retirement Account
2,800 shares
IRA for the benefit of reporting person
Additional family trust
780 shares
Trust where spouse serves as trustee for spouse’s benefit
Key Terms
Required Shares, Non-Employee Directors' Equity Compensation Plan, beneficial ownership, Individual Retirement Account
4 terms
Non-Employee Directors' Equity Compensation Plan financial
"awarded to the Reporting Person 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.
Individual Retirement Account financial
"Individual Retirement Account for the benefit of Reporting Person"
FAQ
What insider transaction did Hamilton Beach (HBB) report for John C. Butler Jr.?
Hamilton Beach reported that director John C. Butler Jr. was awarded 1,581 shares of Class A Common Stock as “Required Shares” under its Non-Employee Directors’ Equity Compensation Plan. These shares are held indirectly in a trust for his benefit and reported as an acquisition.
What is the role of the Non-Employee Directors’ Equity Compensation Plan at Hamilton Beach (HBB)?
The plan provides equity-based compensation to non-employee directors, including “Required Shares” awards like the 1,581-share grant to Butler. These awards compensate directors in stock rather than cash, aligning director interests with shareholders through ownership of Class A Common Stock.
What indirect Hamilton Beach (HBB) holdings are reported for the director’s family?
Indirect holdings include trusts for the director’s minor children with post-transaction positions of 10,079 and 10,391 shares, and a trust for his spouse with 157,778 shares. Additional positions include 2,800 shares in an individual retirement account and 780 shares in another family-related trust.