NACCO Industries (NC) director receives 563-share equity award via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NACCO Industries director John P. Jumper reported an indirect acquisition of 563 shares of Class A Common Stock. These shares were awarded as “Required Shares” under the company’s Non-Employee Directors’ Equity Compensation Plan and are held through a trust for his benefit. Following this equity award, the trust holds 33,683 shares of Class A Common Stock indirectly attributed to him. The shares were granted at a stated price of $0.00 per share, reflecting stock-based director compensation rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jumper John P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 563 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 33,683 shares (Indirect, By Trust)
Footnotes (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 Held through a trust for the benefit of Reporting Person.
Key Figures
Shares granted: 563 shares
Grant price: $0.00 per share
Indirect holdings after award: 33,683 shares
3 metrics
Shares granted
563 shares
Required Shares equity award on Class A Common Stock
Grant price
$0.00 per share
Director equity compensation, non-derivative award
Indirect holdings after award
33,683 shares
Class A Common Stock held through trust after transaction
Key Terms
Class A Common Stock, Non-Employee Directors' Equity Compensation Plan, Required Shares, indirect ownership
4 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Non-Employee Directors' Equity Compensation Plan financial
"awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan"
indirect ownership financial
"Held through a trust for the benefit of Reporting Person."
FAQ
What did NACCO Industries (NC) director John P. Jumper report in this Form 4?
Director John P. Jumper reported receiving 563 shares of NACCO Industries Class A Common Stock. The shares were awarded as “Required Shares” under the Non-Employee Directors’ Equity Compensation Plan and are held indirectly through a trust for his benefit.
Is the NACCO Industries (NC) Form 4 transaction an open-market purchase or a grant?
The Form 4 shows a grant/award acquisition, not an open-market purchase. The 563 shares were granted as Required Shares under the company’s Non-Employee Directors’ Equity Compensation Plan, with a reported price of $0.00 per share as stock-based compensation.
How is the NACCO Industries (NC) equity award to John P. Jumper structured?
The award consists of 563 Class A Common shares labeled as Required Shares under the Non-Employee Directors’ Equity Compensation Plan. These shares are held through a trust for the reporting person’s benefit, reflecting typical director equity compensation rather than cash payment.