Family trust linked to Hamilton Beach (NYSE: HBB) reports share gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
A trust associated with the children of Julia Kuipers, holding an indirect interest in Hamilton Beach Brands Holding Co, reported a bona fide gift of 1,390 shares of Class B Common Stock on May 29, 2026. These shares are held indirectly through Rankin Associates HBB, L.P. After the gift, the trust’s indirect holdings in Class B Common Stock were 6,947 shares. Because this was a gift with no sale proceeds, it reflects a personal transfer rather than a market trade or a change in compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,390 shares gifted
Mixed
1 txn
Insider
Trust for Children of Julia Kuipers fbo Matilda Alan Kuipers
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 1,390 | $0.00 | -- |
Holdings After Transaction:
Class B Common Stock — 6,947 shares (Indirect, Proportionate LP interest of shares held by Rankin Associates HBB, L.P.)
Footnotes (1)
- [object Object]
Key Figures
Shares gifted: 1,390 shares
Holdings after transaction: 6,947 shares
Transaction price: $0.00 per share
+1 more
4 metrics
Shares gifted
1,390 shares
Bona fide gift of Class B Common Stock on May 29, 2026
Holdings after transaction
6,947 shares
Indirect Class B Common Stock held after gift
Transaction price
$0.00 per share
Gift transfer with no sale proceeds
Transaction code
Code G
Classified as a bona fide gift disposition
Key Terms
bona fide gift, Class B Common Stock, indirect ownership, limited partner interest
4 terms
bona fide gift financial
"transaction_action" : "gift transfer", "transaction_code_description" : "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
""security_title" : "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.
indirect ownership financial
""ownership_type" : "indirect", "ownership_code" : "I""
limited partner interest financial
""nature_of_ownership" : "Proportionate LP interest of shares held by Rankin Associates HBB, L.P.""
FAQ
What did the Hamilton Beach (HBB) Form 4 report for the Kuipers children’s trust?
The Form 4 reports a bona fide gift of 1,390 shares of Hamilton Beach Class B Common Stock by a trust for the children of Julia Kuipers. This is a personal transfer, not a market sale, and does not generate cash proceeds.
What are the Kuipers trust’s Hamilton Beach (HBB) holdings after this Form 4 transaction?
Following the reported gift, the trust’s indirect holdings of Hamilton Beach Class B Common Stock were 6,947 shares. These shares are held through Rankin Associates HBB, L.P., reflecting the trust’s proportionate limited partner interest in that entity.