Hamilton Beach (NYSE: HBB) insider-linked entities report 10,323-share bona fide stock gifts
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider activity centers on non-cash gifts. On May 29, 2026, entities associated with reporting person Thomas Parker Rankin made bona fide gifts totaling 10,323 shares of Class B Common Stock, each linked to equal amounts of underlying Class A shares, at $0.00 per share. The interests are held indirectly through Rankin Associates HBB, L.P. and related trusts, and the reporting person disclaims beneficial ownership of these shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,323 shares gifted
Mixed
3 txns
Insider
Rankin Thomas Parker
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 1,981 | $0.00 | -- |
| Gift | Class B Common Stock | 4,171 | $0.00 | -- |
| Gift | Class B Common Stock | 4,171 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 43,745 shares (Indirect, Proportionate interest in shares of Rankin Associates 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
Total gifted shares: 10,323 shares
Gift transaction price: $0.00 per share
Gifted block 1: 4,171 shares
+3 more
6 metrics
Total gifted shares
10,323 shares
Aggregate bona fide gifts of Class B Common Stock
Gift transaction price
$0.00 per share
Reported price for all G-code gift transfers
Gifted block 1
4,171 shares
Class B Common Stock, indirect trust interest, first transaction
Gifted block 2
4,171 shares
Class B Common Stock, indirect trust interest, second transaction
Gifted block 3
1,981 shares
Class B Common Stock, indirect trust interest, third transaction
Post-transaction holding example
17,026 shares
Indirect Class B Common Stock interest following one gift transaction
Key Terms
bona fide gift, Class B Common Stock, underlying security, indirect 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.
underlying security financial
"underlying_security_title: Class A Common Stock"
indirect ownership financial
"ownership_type: indirect; nature_of_ownership describes trust interests"
disclaims beneficial ownership financial
"Reporting Person disclaims beneficial ownership of all such shares."
FAQ
What insider transaction did Hamilton Beach Brands (HBB) report for Thomas Parker Rankin?
Hamilton Beach Brands reported that entities associated with Thomas Parker Rankin made bona fide gifts of Class B Common Stock. These were indirect holdings through Rankin Associates HBB, L.P. and related trusts, rather than direct market sales or purchases by the reporting person.
Were the Hamilton Beach Brands (HBB) insider transactions direct sales or purchases?
No, the transactions were not direct sales or purchases. They are coded as G, meaning bona fide gifts of indirectly held Class B Common Stock interests, with a reported transaction price of $0.00 per share and no open-market trading activity.
Does Thomas Parker Rankin claim beneficial ownership of the Hamilton Beach Brands (HBB) gifted shares?
The filing states that the reporting person disclaims beneficial ownership of all such shares. This disclaimer means the Form 4 attributes the holdings and gifts to related entities and trusts rather than to Rankin as direct beneficial owner.
What does the G transaction code mean in the Hamilton Beach Brands (HBB) Form 4?
The G code in this Form 4 stands for a bona fide gift. All three reported transactions are classified as gift transfers of Class B Common Stock, with zero dollar per-share value and no indication of market-based buying or selling.