Hamilton Beach (HBB) insider gifts 4,171 Class B shares held indirectly
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hamilton Beach Brands Holding Co insider filing reports a gift transfer of shares. Reporting person James T. Rankin Jr., as a member of a group, made a bona fide gift of 4,171 derivative interests linked to Class B Common Stock on Class A Common Stock.
The position is held indirectly through a proportionate interest in Rankin Associates HBB, L.P. by a trust for the benefit of the reporting person. After the transaction, the trust-related indirect holding is 16,641 derivative-linked shares. This was a non-cash, non-market transaction recorded at a price of $0.0000 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,171 shares gifted
Mixed
1 txn
Insider
Rankin James T. Jr.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 4,171 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 16,641 shares (Indirect, Proportionate interest of Rankin Associates HBB, L.P. held by a Trust fbo Reporting Person)
Footnotes (1)
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Key Figures
Gifted derivative-linked shares: 4,171 shares
Indirect holdings after transaction: 16,641 shares
Transaction price per share: $0.0000 per share
3 metrics
Gifted derivative-linked shares
4,171 shares
Bona fide gift of Class B Common Stock interests on Class A Common Stock
Indirect holdings after transaction
16,641 shares
Derivative-linked position following gift transfer reported on Form 4
Transaction price per share
$0.0000 per share
Non-cash bona fide gift transaction
Key Terms
bona fide gift, Class B Common Stock, indirect ownership, derivative transaction
4 terms
bona fide gift financial
"Transaction code G is described as a bona fide gift disposition."
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 is listed as Class B Common Stock in the transaction."
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 a trust and partnership."
derivative transaction financial
"The transaction type is classified as derivative with underlying Class A shares."
FAQ
What insider transaction did Hamilton Beach (HBB) report for James T. Rankin Jr.?
Hamilton Beach reported a Form 4 showing James T. Rankin Jr. made a bona fide gift transfer of 4,171 derivative interests tied to Class B Common Stock. The transaction is coded as a gift, not an open-market purchase or sale, and reflects a non-cash disposition.
Was the Hamilton Beach (HBB) insider transaction a market sale or purchase?
The filing identifies the transaction as a bona fide gift, coded “G,” rather than a market sale or purchase. No price was paid, with a reported transaction price per share of $0.0000, indicating a non-cash transfer instead of trading on the open market or through a broker.
How is ownership structured for the Hamilton Beach (HBB) insider gift transaction?
Ownership is reported as indirect, through a trust for the benefit of the reporting person that holds a proportionate interest in Rankin Associates HBB, L.P. The nature-of-ownership disclosure clarifies that the 4,171 gifted derivative interests and 16,641 remaining are connected to this structure.
What does the Form 4 gift transaction mean for Hamilton Beach (HBB) insider activity?
The Form 4 shows a single bona fide gift disposition of 4,171 derivative interests, not a trading decision. With one gift transaction and no reported open-market buys or sells, insider activity in this filing reflects a personal transfer rather than a change in market exposure.