Insider linked to Hamilton Beach (HBB) gifts 5,111 Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider Butler Griffin B, through an indirect holding in Rankin Associates HBB, L.P. via a trust, made a bona fide gift transfer of 5,111 shares of Class B Common Stock on May 29, 2026. The gift involved no cash consideration, and the indirect holding now reflects 33,216 shares of Class B stock. This was a charitable-style transfer, not an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
5,111 shares gifted
Mixed
1 txn
Insider
Butler Griffin B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 5,111 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 33,216 shares (Indirect, Proportional interest in Rankin Associates HBB, L.P. held by a trust f.b.o the Reporting Person)
Footnotes (1)
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Key Figures
Gifted shares: 5,111 shares
Holding after transaction: 33,216 shares
Transaction price: $0.00 per share
+1 more
4 metrics
Gifted shares
5,111 shares
Bona fide gift of Class B Common Stock on May 29, 2026
Holding after transaction
33,216 shares
Indirect Class B Common Stock position following the gift
Transaction price
$0.00 per share
No cash consideration for the bona fide gift
Underlying Class A shares
5,111 shares
Underlying security title Class A Common Stock for this derivative entry
Key Terms
bona fide gift, Class B Common Stock, indirect ownership, proportional interest
4 terms
bona fide gift financial
"The transaction code description identifies the transfer 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.
Class B Common Stock financial
"The reported security title is Class B Common Stock of Hamilton Beach."
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
"Ownership type is reported as indirect through Rankin Associates HBB, L.P."
proportional interest financial
"Nature of ownership notes a proportional interest in Rankin Associates HBB, L.P."
FAQ
What insider transaction did HBB reporting person Butler Griffin B disclose?
Butler Griffin B disclosed a bona fide gift of 5,111 shares of Hamilton Beach Brands Holding Co Class B Common Stock. The transfer was made through an indirect interest in Rankin Associates HBB, L.P. and involved no cash consideration at a price of $0.00 per share.
How is Butler Griffin B’s ownership in HBB characterized in this Form 4?
Ownership is reported as indirect, reflecting a proportional interest in Rankin Associates HBB, L.P. held by a trust for the benefit of Butler Griffin B. The Form 4 notes the nature of ownership as indirect rather than direct personal share ownership.
Does the HBB Form 4 indicate any remaining derivative positions after the gift?
The Form 4 derivative summary is empty, indicating no remaining derivative positions such as options or convertible securities are reported in this filing. The transaction involves Class B Common Stock with an underlying equivalence to 5,111 shares of Class A Common Stock.