NACCO Industries (NC) SVP receives 5,409-share award, surrenders 249 for taxes

Rhea-AI Filing Summary

NACCO Industries senior vice president and general counsel John D. Neumann reported equity compensation activity in Class A Common Stock. He received a grant of 5,409 shares under the company's Executive Long-Term Incentive Compensation Plan, with no cash price per share. In a related tax-withholding disposition, he surrendered 249 shares back to the company through a cashless exercise to cover tax obligations on the stock award. After these transactions, he directly owned 43,708 Class A shares.

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

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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^*

Neumann John D

(Last) (First) (Middle)

5340 LEGACY DRIVE

BUILDING 1, SUITE 300

(Street)

PLANO TX 75024

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NACCO INDUSTRIES INC [ NC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, Gen. Counsel & Sec'y

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

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	02/17/2026		A(1)		5,409	A	(2)	43,957	D
Class A Common Stock	02/17/2026		F(3)		249	D	(2)	43,708	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 under the Company's Executive Long-Term Incentive Compensation Plan.

2. N/A

3. Cashless Exercise-Award shares that Reporting Person surrendered to Company in order to satisfy his/her tax withholding obligations with respect to his/her Long-Term Incentive Plan Stock Award.

	/s/ Matthew J. Dilluvio, attorney-in-fact	02/18/2026
	** 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.
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FAQ

What insider transactions did NC executive John D. Neumann report on this Form 4?

John D. Neumann reported two transactions in NACCO Industries Class A Common Stock: a grant of 5,409 shares under the Executive Long-Term Incentive Compensation Plan and a tax-withholding disposition of 249 shares surrendered back to the company through a cashless exercise mechanism.

Was the NC insider transaction a stock purchase or a compensation award?

The primary NC insider transaction was a compensation award, not an open-market purchase. Neumann received 5,409 Class A shares as a grant under NACCO Industries' Executive Long-Term Incentive Compensation Plan, reflecting stock-based compensation rather than a typical buy transaction in the market.

Why did the NACCO Industries (NC) insider surrender 249 shares in this filing?

Neumann surrendered 249 Class A shares to NACCO Industries in a cashless exercise specifically to satisfy tax withholding obligations. This tax-withholding disposition is tied to his Long-Term Incentive Plan stock award, allowing taxes to be covered without a separate cash payment.

How many NACCO Industries (NC) shares does John D. Neumann own after the reported transactions?

Following the reported grant and tax-withholding disposition, Neumann directly owns 43,708 shares of NACCO Industries Class A Common Stock. This total reflects his updated direct ownership after receiving 5,409 award shares and surrendering 249 shares back to the company.

What compensation plan is involved in the NC Form 4 filing for John D. Neumann?

The transactions involve NACCO Industries' Executive Long-Term Incentive Compensation Plan. Under this plan, Neumann received 5,409 Class A Common Stock shares as an award, and a portion of those shares was surrendered to cover his associated tax withholding obligations.