Hamilton Beach Brands (NYSE: HBB) director details family trust gifts in Form 4
Rhea-AI Filing Summary
A director and other related party of Hamilton Beach Brands Holding Co. (HBB) reported several indirect transactions in derivative securities tied to the company’s Class A common stock. On 12/05/2025, multiple entries for Class B common stock derivatives were recorded with transaction code G, indicating gifts involving blocks of 3,442 and 6,884 derivative securities linked to equal amounts of Class A shares. These interests are held indirectly through RA HBB, L.P. for the benefit of the reporting person, the reporting person’s spouse, and various family trusts. After the transactions, the form lists updated indirect beneficial holdings in the underlying Class A shares for each trust, and notes that the reporting person disclaims beneficial ownership of all such shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 3,442 | $0.00 | -- |
| Gift | Class B Common Stock | 3,442 | $0.00 | -- |
| Gift | Class B Common Stock | 3,442 | $0.00 | -- |
| Gift | Class B Common Stock | 3,442 | $0.00 | -- |
| Gift | Class B Common Stock | 6,884 | $0.00 | -- |
| Gift | Class B Common Stock | 6,884 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
Footnotes (1)
- N/A Reporting Person disclaims beneficial ownership of all such shares.
FAQ
What insider activity did HBB report in this Form 4?
The Form 4 reports that a director and related party of Hamilton Beach Brands Holding Co. recorded several indirect transactions in Class B common stock derivatives linked to the company’s Class A common stock on 12/05/2025, primarily coded as G for gifts involving family trusts.
Which securities are involved in the HBB insider transactions?
The transactions involve Class B common stock that is convertible into Class A common stock. The table shows underlying amounts of Class A shares such as 20,096, 60,254, and smaller blocks like 3,442 and 6,884 shares associated with the derivative positions.
How is the Hamilton Beach Brands insider’s ownership held after these transactions?
After the transactions, the reported interests in the underlying Class A common stock are held indirectly (I) through RA HBB, L.P. for the benefit of various 2020 GST trusts and other family trusts for the reporting person, the reporting person’s spouse, and children.
What does transaction code G mean in the HBB Form 4?
In the table, several transactions on 12/05/2025 use code G, which denotes a gift. These entries show gifts of derivative interests in Class B common stock, each tied to specific numbers of underlying Class A shares such as 3,442 or 6,884.
What is the reporter’s relationship to Hamilton Beach Brands (HBB)?
The form identifies the reporting person as a Director of Hamilton Beach Brands Holding Co. and also checks the box for Other relationship, indicating an additional role or connection beyond directorship.