STOCK TITAN

Hamilton Beach (HBB) Insider Ownership Rises with Board Equity Award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hamilton Beach Brands Holding Company (HBB) – Form 4 filing dated 07/03/2025 discloses that director Bela S. Mehta received an equity award of 1,610 shares of Class A common stock on 07/01/2025. The award is classified under transaction code “A”, indicating an acquisition that was not an open-market purchase but rather a grant made under the company’s Non-Employee Directors’ Equity Compensation Plan and described as “Required Shares.”

Following this grant, Mehta’s direct beneficial ownership increases to 3,717 shares, up from 2,107 previously. No derivative securities were reported, and there were no dispositions. The filing does not reference any 10b5-1 trading plan usage.

While insider equity grants are routine, they still align director incentives with shareholder value. The overall share amount is modest relative to HBB’s ~14 million shares outstanding, so the market impact is likely limited.

Positive

  • Director’s equity ownership increases, modestly improving alignment with shareholders.

Negative

  • None.

Insights

TL;DR: Routine director equity grant; modest size, marginal direct market impact.

The Form 4 shows a standard annual equity award of 1,610 shares to Director Bela Mehta, boosting her stake to 3,717 shares. Because the grant arises from the non-employee director plan, it does not signal discretionary insider buying. Nonetheless, higher insider ownership incrementally improves alignment with shareholder interests. The absolute share count represents less than 0.03 % of shares outstanding, so dilution and trading implications are negligible. I view the filing as neutral for valuation and liquidity.

Insider Mehta Bela S
Role Director
Type Security Shares Price Value
Grant/Award Class A Common Stock 1,610 $0.00 --
Holdings After Transaction: Class A Common Stock — 3,717 shares (Direct)
Footnotes (1)
  1. Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the Company's Non-Employee Directors' Equity Compensation Plan. N/A
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mehta Bela S

(Last) (First) (Middle)
4421 WATERFRONT DRIVE

(Street)
GLEN ALLEN VA 23060

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Hamilton Beach Brands Holding Co [ HBB ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 07/01/2025 A(1) 1,610 A (2) 3,717 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the Company's Non-Employee Directors' Equity Compensation Plan.
2. N/A
/s/ Brent A. Ashley, attorney-in-fact 07/03/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did HBB disclose in the Form 4 filed on 07/03/2025?

Director Bela S. Mehta received 1,610 Class A shares as an equity award on 07/01/2025.

How many HBB shares does Bela S. Mehta own after the transaction?

She now directly owns 3,717 Class A shares.

Was this an open-market purchase by the director?

No. The shares were granted under the Non-Employee Directors’ Equity Compensation Plan, transaction code “A.”

Did the Form 4 include any derivative securities?

No derivative securities were reported in this filing.

Does the filing reference a Rule 10b5-1 trading plan?

No, the box indicating a 10b5-1 plan was not checked.