Taplin Britton (NC) Reports 707-Share Award; Trust and LLC Holdings Disclosed

Rhea-AI Filing Summary

Taplin Britton T, a director of NACCO Industries, reported a purchase of 707 shares of Class A Common Stock on 10/01/2025 as "Required Shares" under the companys Non-Employee Directors' Equity Compensation Plan. The filing lists additional beneficial holdings attributed to the reporting person in several forms: 65,433 shares held in trust, 157,095 shares as a proportionate interest in Abigail II, LLC, 18,707 shares as a proportionate interest in Abigail LLC, and 5,755 shares held by the spouse (the reporting person disclaims beneficial ownership of the spouse-held shares). The Form 4 was signed by an attorney-in-fact on 10/02/2025. The filing discloses director equity award activity and existing indirect holdings; no derivative transactions or prices are reported.

Positive

• 707 shares acquired by a director under the equity compensation plan indicates alignment with shareholder interests
• Substantial indirect holdings reported (65,433; 157,095; 18,707 shares) show long-term ownership exposure by related entities

Negative

• None.

Insights

Corporate Governance Analyst

Director received equity under standard non-employee compensation, increasing reported holdings.

The Form 4 shows a director-side equity award of 707 Class A shares granted as required shares under the Non-Employee Directors' Equity Compensation Plan, which is routine for non-employee directors and aligns director pay with shareholder interests. The filing also details substantial indirect holdings across trusts and LLCs, indicating continued long-term ownership exposure by the reporting person or related entities.

Securities Compliance Specialist

Filing meets Section 16 disclosure: acquisition recorded and signed by attorney-in-fact.

The report records a non-derivative acquisition dated 10/01/2025 and is signed on 10/02/2025 by an attorney-in-fact, satisfying Form 4 signature and timing requirements. No exercise prices, derivative instruments, or dispositions are disclosed, and the report includes the standard disclaimer regarding spouse-held 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

OMB APPROVAL

OMB Number:			3235-0287
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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).

1. Name and Address of Reporting Person^*

TAPLIN BRITTON T

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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	10/01/2025		A(1)		707	A	(2)	65,433	I	By Trust(3)
Class A Common Stock								157,095	I	Proportionate membership interest in shares held by Abigail II, LLC
Class A Common Stock								18,707	I	Proportionate membership interest in shares held by Abigail LLC
Class A Common Stock								5,755	I	By Spouse(4)

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

3. Held in Trust for the benefit of Reporting Person.

4. By Spouse. Reporting Person disclaims beneficial ownership of all such shares.

	/s/ Matthew J. Dilluvio, attorney-in-fact	10/02/2025
	** 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 transaction did NACCO (NC) director Taplin Britton report on 10/01/2025?

The filing reports an acquisition of 707 Class A shares awarded as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan.

How many Class A shares does the Form 4 show as held in trust for Taplin Britton?

The Form 4 lists 65,433 shares held in trust for the benefit of the reporting person.

Are there LLC or spouse-held shares disclosed for Taplin Britton in this filing?

Yes. The filing shows 157,095 shares via Abigail II, LLC, 18,707 shares via Abigail LLC, and 5,755 shares held by the spouse (the reporting person disclaims beneficial ownership of the spouse-held shares).

Did the Form 4 report any derivative transactions or prices for NACCO (NC)?

No. Table II for derivative securities contains no reported transactions or prices in this filing.

Who signed the Form 4 and when was it signed?

The Form 4 was signed by Matthew J. Dilluvio, attorney-in-fact on 10/02/2025.