Vested Trust for James T. Rankin, Jr. (HBB) gifts 4,171 Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Vested Trust for James T. Rankin, Jr., a member of a group associated with Hamilton Beach Brands Holding Co, reported a bona fide gift transfer of 4,171 shares of Class B Common Stock on May 29, 2026. The transfer was recorded at a price of $0.00 per share and is classified as an indirect disposition through a proportionate limited partnership interest in Rankin Associates HBB, L.P. After this gift, the trust’s reported indirect holdings in this security total 16,641 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,171 shares gifted
Mixed
1 txn
Insider
Vested Trust for James T. Rankin, Jr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 4,171 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 16,641 shares (Indirect, Proportionate LP interest of shares held by Rankin Associates HBB, L.P.)
Footnotes (1)
- [object Object]
Key Figures
Gifted shares: 4,171 shares
Shares after transaction: 16,641 shares
Transaction price per share: $0.00 per share
+2 more
5 metrics
Gifted shares
4,171 shares
Class B Common Stock gifted on May 29, 2026
Shares after transaction
16,641 shares
Indirect Class B Common Stock holdings following gift
Transaction price per share
$0.00 per share
Bona fide gift transfer, non-cash disposition
Gift transactions count
1 transaction
Single bona fide gift coded G in Form 4
Gifted share total per summary
4,171 shares
GiftShares in transaction summary for this Form 4
Key Terms
bona fide gift, Class B Common Stock, indirect ownership, derivative transaction, +1 more
5 terms
bona fide gift financial
"transaction_action: "gift transfer" and 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" reported in the transaction"
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
"direct_or_indirect: "I" with nature_of_ownership describing partnership interest"
derivative transaction financial
"transaction_type: "derivative" for the gifted Class B Common Stock entry"
proportionate LP interest financial
"nature_of_ownership: "Proportionate LP interest of shares held by Rankin Associates HBB, L.P.""
FAQ
What insider transaction did Hamilton Beach Brands (HBB) report in this Form 4?
Hamilton Beach Brands reported a Form 4 where the Vested Trust for James T. Rankin, Jr. made a bona fide gift transfer of 4,171 shares of Class B Common Stock. The transaction was recorded at $0.00 per share as a non-market, indirect disposition.
Who is the reporting person in the Hamilton Beach Brands (HBB) Form 4 filing?
The reporting person is the Vested Trust for James T. Rankin, Jr., identified as a member of a group. The trust reports an indirect ownership interest based on a proportionate limited partnership interest in Rankin Associates HBB, L.P. holding shares of Hamilton Beach Brands.
What type of transaction was disclosed for HBB in this Form 4?
The Form 4 discloses a bona fide gift transaction coded “G.” It reflects a gift transfer of 4,171 shares of Class B Common Stock, treated as a derivative-type record with no cash consideration, rather than an open-market purchase or sale of Hamilton Beach Brands stock.