Spouse trust of Hamilton Beach (HBB) insider receives 1,581-share grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider David B. Williams reported an indirect acquisition of 1,581 shares of Class A Common Stock on 2026-04-01. These shares were awarded at $0.00 per share to his spouse as “Required Shares” under the company’s Non-Employee Directors' Equity Compensation Plan and are held in a trust for her benefit. Williams disclaims beneficial ownership of these shares. The Form 4 also lists indirect holdings in several additional trusts for a minor child, for Williams himself, and for his spouse, with no reported open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
WILLIAMS DAVID B
Role
Insider
| 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 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 205,765 shares (Indirect, Held by Trust for the benefit of spouse)
Footnotes (1)
- Shares of Class A Common Stock awarded to the Reporting Person's spouse 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
Shares awarded to spouse trust: 1,581 shares
Spouse trust holdings after award: 205,765 shares
Minor child trust holdings (first trust): 7,331 shares
+3 more
6 metrics
Shares awarded to spouse trust
1,581 shares
Class A Common Stock, Required Shares grant on 2026-04-01 at $0.00
Spouse trust holdings after award
205,765 shares
Class A Common Stock held indirectly for spouse’s benefit
Minor child trust holdings (first trust)
7,331 shares
Class A Common Stock, reporting person as trustee
Minor child trust holdings (second trust)
10,079 shares
Class A Common Stock, reporting person as trustee
Trust holdings benefiting David B. Williams
20,029 shares
Class A Common Stock, reporting person as trustee
Spouse GST trust holdings
780 shares
Class A Common Stock, spouse as trustee
Key Terms
Non-Employee Directors' Equity Compensation Plan, Required Shares, beneficial ownership, Class A Common Stock
4 terms
Non-Employee Directors' Equity Compensation Plan financial
"awarded to the Reporting Person's spouse as "Required Shares" under the Company's Non-Employee Directors' Equity Compensation Plan"
beneficial ownership regulatory
"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.
Class A Common Stock financial
"Shares of Class A Common Stock awarded to the Reporting Person's spouse"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did HBB’s David B. Williams report?
David B. Williams reported an indirect acquisition of 1,581 Class A Common shares. The shares were awarded at no cost to his spouse as “Required Shares” under Hamilton Beach’s Non-Employee Directors' Equity Compensation Plan and are held in a spouse-benefit trust.
What indirect Hamilton Beach holdings for family trusts are disclosed?
The filing lists indirect holdings of 7,331 and 10,079 Class A Common shares in trusts for a minor child, 20,029 shares in a trust benefiting David B. Williams, and 780 shares in a trust where his spouse serves as trustee for her benefit.
Does the HBB Form 4 suggest a change in David B. Williams’ investment stance?
The Form 4 reflects a compensatory share award and updates to trust holdings, not discretionary buying or selling. Because the award was granted under a director equity plan and open-market trades are absent, it appears more routine than a shift in investment stance.