NACCO Industries (NC) chairman reports 1,052-share Class A stock award

Rhea-AI Filing Summary

NACCO Industries director and chairman reports stock award

A reporting person who serves as a director, chairman, officer and other related roles at NACCO Industries, Inc. reported receiving 1,052 shares of Class A Common Stock on 01/02/2026. The transaction is coded as an acquisition and is described as "Required Shares" granted under the company's Non-Employee Directors' Equity Compensation Plan, and is held indirectly through the AMR Main Trust.

After this transaction, the reporting person shows indirect beneficial ownership of various blocks of Class A shares through several vehicles, including 216,005 shares via AMR Main Trust, 14,160 shares in an AMR IRA, 1,975 shares via AMR - RMI (Delaware), 2,044 shares in AMR Associates NC, L.P., 10,110 shares in a BTR Class A Trust, and 34,936 shares in a VGR Trust, along with additional indirect Class A interests tied to Class B Common Stock.

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

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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^*

RANKIN ALFRED M ET AL

(Last) (First) (Middle)

NACCO INDUSTRIES, INC.

22901 MILLCREEK BLVD., SUITE 600

(Street)

CLEVELAND OH 44122

(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)

X	Director		10% Owner
X	Officer (give title below)	X	Other (specify below)
	Chairman		Group Member

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

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	01/02/2026		A(1)		1,052	A	(2)	216,005	I	AMR Main Trust(A)(3)
Class A Common Stock								14,160	I	AMR - IRA(4)
Class A Common Stock								1,975	I	AMR - RMI (Delaware)(5)
Class A Common Stock								2,044	I	AMR Associates NC, L.P.(6)
Class A Common Stock								10,110	I	BTR - Class A Trust
Class A Common Stock								34,936	I	VGR - Trust(7)

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
Class B Common Stock	(2)							(2)	(2)	Class A Common Stock	25		25	I	AMR RAIV - GP
Class B Common Stock	(2)							(2)	(2)	Class A Common Stock	9,431		9,431	I	By Trust/Daughter 2(8)
Class B Common Stock	(2)							(2)	(2)	Class A Common Stock	9,431		9,431	I	By Trust/Daughter 1(9)
Class B Common Stock	(2)							(2)	(2)	Class A Common Stock	201,928		201,928	I	AMR Associates NC, L.P.(6)

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

3. Reporting Person serves as Trustee of a Trust for the benefit of Alfred M. Rankin, Jr.

4. Held in an Individual Retirement Account for the benefit of the Reporting Person.

5. Represents the Reporting Person's proportionate limited partnership interest in shares of Rankin Associates II, L.P. held by Rankin Management, Inc. ("RMI"), as general partner.

6. Represents the Reporting Person's proportionate limited partnership interest in shares held by AMR NC. The Reporting Person is the trustee of a trust for the benefit of the Reporting Person that is a limited partner of AMR NC.

7. Reporting Person serves as Trustee of a Trust for the benefit of Victoire G. Rankin. Reporting Person disclaims beneficial ownership of all such shares.

8. Reporting person serves as trustee of BTR 2012 GST for the benefit of Clara Williams.

9. Reporting person serves as trustee of BTR 2012 GST Trust for the benefit of Helen R. Butler.

	/s/ Matthew J. Dilluvio, attorney-in-fact	01/05/2026
	** 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 transaction did NACCO Industries (NC) report in this Form 4?

The filing reports that a director and chairman of NACCO Industries, Inc. acquired 1,052 shares of Class A Common Stock on 01/02/2026. These were awarded as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan and are held indirectly through the AMR Main Trust.

How many NACCO Industries (NC) shares does the reporting person beneficially own after this transaction?

Following the reported transaction, the filing shows indirect beneficial ownership of several Class A Common Stock positions, including 216,005 shares via AMR Main Trust, 14,160 shares in an AMR IRA, 1,975 shares via AMR - RMI (Delaware), 2,044 shares in AMR Associates NC, L.P., 10,110 shares in a BTR Class A Trust, and 34,936 shares in a VGR Trust, as well as additional indirect interests tied to Class B Common Stock.

What is the nature of the 1,052 NACCO Industries (NC) shares acquired on 01/02/2026?

The 1,052 Class A Common Stock shares were awarded to the reporting person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan, rather than as an open-market purchase.

How are the NACCO Industries (NC) shares held by the reporting person structured?

The filing indicates that the shares are held indirectly through multiple entities and trusts. These include the AMR Main Trust, an Individual Retirement Account for the reporting person, limited partnership interests such as AMR Associates NC, L.P., and several trusts where the reporting person acts as trustee for various beneficiaries.

What roles does the reporting person hold at NACCO Industries (NC)?

The reporting person is identified as a Director, an Officer with the title Chairman, and also checked as having an Other relationship to the issuer, indicating multiple roles with the company.

Was the NACCO Industries (NC) Form 4 filed for one reporting person or a group?

The Form 4 is indicated as a Form filed by one reporting person, not a joint or group filing.