Hamilton Beach (NYSE: HBB) insider-linked trusts gift 22,834 Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider data shows indirect interests associated with James T. Rankin reporting several bona fide gifts of Class B Common Stock of the company on May 29, 2026. Trusts holding proportionate limited partner interests in RA HBB, L.P. transferred an aggregate of 22,834 shares as gifts to various family-related trusts.
All reported positions are held indirectly through these trust and partnership structures, not in Rankin’s name directly. A footnote states that the reporting person disclaims beneficial ownership of all such shares, indicating these are entity-level and family estate-planning transfers rather than market trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
22,834 shares gifted
Mixed
7 txns
Insider
RANKIN JAMES T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 590 | $0.00 | -- |
| Gift | Class B Common Stock | 2,780 | $0.00 | -- |
| Gift | Class B Common Stock | 5,561 | $0.00 | -- |
| Gift | Class B Common Stock | 5,561 | $0.00 | -- |
| Gift | Class B Common Stock | 4,171 | $0.00 | -- |
| Gift | Class B Common Stock | 4,171 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 17,125 shares (Indirect, Proportionate LP interest of RA 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 gift transfers: 22,834 shares
Number of gift transactions: 6 transactions
Largest trust balance example: 24,286 shares
+2 more
5 metrics
Total gift transfers
22,834 shares
Aggregate Class B Common Stock coded as bona fide gifts (G)
Number of gift transactions
6 transactions
Derivative-type entries with transaction code G on May 29, 2026
Largest trust balance example
24,286 shares
Total Class B Common Stock following one minor-child trust transaction
Another trust balance example
17,125 shares
Total Class B Common Stock following one reporting-person trust transaction
Underlying Class A position
1,724 shares
Indirect underlying Class A Common Stock in derivative summary
Key Terms
Class B Common Stock, bona fide gift, indirect ownership, beneficial ownership, +1 more
5 terms
Class B Common Stock financial
"indirect interests associated with James T. Rankin making several bona fide gifts of 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.
bona fide gift financial
"Trusts holding proportionate limited partner interests in RA HBB, L.P. transferred an aggregate of 22,834 shares as gifts described as a 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.
indirect ownership financial
"All reported positions are held indirectly through these trust and partnership structures"
beneficial ownership financial
"A footnote states that the 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.
limited partner interests financial
"Trusts holding proportionate limited partner interests in RA HBB, L.P. transferred an aggregate of 22,834 shares"
An investor's ownership stake in a limited partnership that gives them rights to a share of profits and losses but not day-to-day control over the business, similar to being a silent partner in a project. For investors this matters because it defines how they earn returns, how much risk and liability they carry, and how easy it is to sell their position — all key factors when valuing and comparing investments.
FAQ
What insider activity did Hamilton Beach Brands (HBB) report for James T. Rankin?
The filing reports indirect interests associated with James T. Rankin making several bona fide gifts of Class B Common Stock on May 29, 2026. These gifts were executed through trusts holding limited partner interests in RA HBB, L.P., rather than through direct market purchases or sales.
Were the Hamilton Beach Brands (HBB) insider transactions market trades or gifts?
All reported transactions are coded as “G” for bona fide gifts, not market trades. The transfers involve Class B Common Stock held indirectly through trusts and a limited partnership, so no open-market buying or selling of HBB shares is disclosed in this Form 4.