NACCO director awarded 563 Class A shares
RANKIN MATTHEW M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
RANKIN MATTHEW M reported acquisition or exercise transactions in this Form 4 filing.
NACCO Industries director Matthew M. Rankin reported an equity award of 563 shares of Class A Common Stock, received as “Required Shares” under the Non-Employee Directors' Equity Compensation Plan. The shares were granted at no cash cost and are held through a trust for his benefit.
The filing also lists indirect holdings attributed to his spouse, minor children, and Rankin Associates II, L.P., over which he largely disclaims beneficial ownership, plus 500 shares held directly. No open-market purchases or sales were reported in this Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 563 shares
Grant/Award
9 txns
Insider
RANKIN MATTHEW M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 563 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 37,306 shares (Indirect, By Trust);
Class A Common Stock — 722 shares (Indirect, By Spouse);
Class A Common Stock — 2,058 shares (Indirect, By RAII/Spouse);
Class A Common Stock — 645 shares (Indirect, Trust/Child1);
Class A Common Stock — 4,384 shares (Indirect, Trust/RAII/Child1);
Class A Common Stock — 500 shares (Direct);
Class A Common Stock — 7,637 shares (Indirect, By RAII);
Class A Common Stock — 563 shares (Indirect, Trust/Child2);
Class A Common Stock — 4,236 shares (Indirect, Trust/RAII/Child2)
Footnotes (9)
- F1. Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan.
- F2. N/A
- F3. Held through a trust for the benefit of Reporting Person.
- F4. Held by Spouse. Reporting Person disclaims beneficial ownership of all such shares.
- F5. As a member of a "group" deemed to own more than 10% of an equity security as a result of being a party to a Stockholders' Agreement, dated as of March 15, 1990, beneficially owned by each of the signatories to such agreement (the "Agreement"), the Reporting Person disclaims beneficial ownership of any such shares of Stock owned by any other signatory to the Agreement.
- F6. Represents the Reporting Person's spouse's proportionate limited partnership interests in shares held by Rankin Associates II, L. P. Reporting Person disclaims beneficial ownership of all such shares.
- F7. Held by Trust for Reporting Person's minor child. Reporting Person and Reporting Person's brother, James T. Rankin are co-trustees of the trust. Reporting Person disclaims beneficial ownership of all such shares.
- F8. Shares represent the Reporting Person's minor child's proportionate limited interests in shares held by Rankin Associates II, L.P. Shares held by Reporting Person as co-trustee with PNC Bank. Reporting Person disclaims beneficial ownership of all such shares.
- F9. Represents the Reporting Person's proportionate limited partnership interests in shares held by Rankin Associates II, L.P .
Key Figures
Required Shares grant: 563 shares
Grant price: $0.0000 per share
Trust holdings after grant: 37,306 shares
+4 more
7 metrics
Required Shares grant
563 shares
Class A Common Stock award under Non-Employee Directors' Equity Compensation Plan on April 1, 2026
Grant price
$0.0000 per share
Stated transaction price for 563-share Required Shares award
Trust holdings after grant
37,306 shares
Class A Common Stock held indirectly through a trust for Reporting Person
Spouse indirect holdings
722 shares
Class A Common Stock held by spouse; beneficial ownership disclaimed
RAII/Spouse indirect holdings
2,058 shares
Spouse’s proportionate limited partnership interests in Rankin Associates II, L.P.; beneficial ownership disclaimed
Direct holdings
500 shares
Class A Common Stock held directly by Reporting Person
RAII indirect holdings
7,637 shares
Reporting Person’s proportionate limited partnership interests in Rankin Associates II, L.P.
Key Terms
Non-Employee Directors' Equity Compensation Plan, Required Shares, beneficial ownership, limited partnership interests, +1 more
5 terms
Non-Employee Directors' Equity Compensation Plan financial
"Shares of Class A Common Stock awarded ... under the company's Non-Employee Directors' Equity Compensation Plan."
beneficial ownership financial
"Reporting Person disclaims beneficial ownership of all such shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
limited partnership interests financial
"Represents the Reporting Person's spouse's proportionate limited partnership interests in shares held by Rankin Associates II, L.P."
An ownership stake in a limited partnership gives an investor the role of a limited partner who provides capital but does not run day-to-day operations; a separate general partner manages the business. It matters because limited partners share profits, losses, and tax benefits but generally cannot lose more than they invested and have little control or liquidity—think of it like quietly funding a small business while someone else manages it, with potential return and risk tied to the venture’s performance.
Stockholders' Agreement financial
"As a member of a "group" deemed to own more than 10% ... as a result of being a party to a Stockholders' Agreement, dated as of March 15, 1990,"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NACCO Industries (NC) disclose for Matthew M. Rankin?
NACCO Industries reported that director Matthew M. Rankin received an award of 563 Class A Common shares as “Required Shares” under the Non-Employee Directors' Equity Compensation Plan. The grant was a compensation-related share award rather than an open-market stock purchase.
Was the NACCO (NC) Form 4 transaction a stock purchase or sale by Matthew M. Rankin?
The Form 4 shows an acquisition of 563 Class A Common shares through a grant or award, not an open-market purchase or sale. The shares were issued under the Non-Employee Directors' Equity Compensation Plan at a stated price of $0.0000 per share.
What family and partnership holdings are included in the NACCO (NC) Form 4 for Matthew M. Rankin?
The filing lists indirect NACCO holdings by his spouse, minor children, and Rankin Associates II, L.P., including limited partnership interests. Footnotes state that Rankin disclaims beneficial ownership of shares held by his spouse, his children’s trusts, and certain partnership interests.
AI-generated analysis. How Rhea-AI works. Not financial advice.
