STOCK TITAN

Family entities of NACCO (NYSE: NC) insider receive 563-share award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

NACCO Industries reporting person Elizabeth B. Rankin reported an indirect acquisition of 563 shares of Class A Common Stock on April 1, 2026. These shares were awarded to her spouse as “Required Shares” under the company’s Non-Employee Directors’ Equity Compensation Plan and recorded at no purchase price.

After this award, entities associated with Rankin show 37,306 indirect shares, while she also holds 722 shares directly. Several indirect positions are held through her spouse, family trusts, and Rankin Associates II, L.P., with footnotes stating that Rankin disclaims beneficial ownership of multiple trust and partnership-held blocks.

Positive

  • None.

Negative

  • None.
Insider RANKIN ELIZABETH B
Role Insider
Type Security Shares Price Value
Grant/Award Class A Common Stock 563 $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/Spouse); Class A Common Stock — 722 shares (Direct)
Footnotes (1)
  1. Spouse's shares of Class A Common Stock awarded to the Reporting Person's spouse as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. N/A Held in Trust for benefit of Reporting Person's spouse. Reporting Person disclaims beneficial ownership of all such shares. Represents the Reporting Person's proportionate limited partnership interests in shares held by Rankin Associates II, L.P . Held by Trust for the benefit of Reporting Person's minor child. Spouse serves as co-trustee with PNC bank. Shares represent the minor child's proportionate limited interests in shares held by Rankin Associates II, L.P. Reporting Person disclaims beneficial ownership of all such shares. Held by a trust for Reporting Person's minor child. Reporting Person's spouse and Reporting Person's spouse's brother, James T. Rankin, serve as co-trustees of the trust. Reporting Person disclaims beneficial ownership of all such shares. By Spouse. Reporting Person disclaims beneficial ownership of all such shares. 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.
Equity award 563 shares Class A Common Stock, Required Shares grant on April 1, 2026
Indirect holdings after award 37,306 shares Class A Common Stock, indirect ownership including spouse/trust structures
Direct holdings 722 shares Class A Common Stock, directly owned after reported transactions
RAII indirect holdings 2,058 shares Class A Common Stock, held through Rankin Associates II, L.P.
Spouse/child1 RAII holdings 4,384 shares Class A Common Stock, spouse co-trustee for Child1/RAII
Spouse holdings 500 shares Class A Common Stock, held by spouse directly
Spouse/child2 RAII holdings 4,236 shares Class A Common Stock, spouse co-trustee for Child2/RAII
Non-Employee Directors' Equity Compensation Plan financial
"awarded to the Reporting Person's spouse as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan"
Required Shares financial
"shares of Class A Common Stock awarded to the Reporting Person's spouse as "Required Shares" under the company's 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 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.
Rankin Associates II, L.P financial
"shares held by Rankin Associates II, L.P ."
SEC Form 4
FORM 4UNITED 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
Estimated average burden
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).
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 ELIZABETH B

(Last)(First)(Middle)
NACCO INDUSTRIES, INC.
22901 MILLCREEK BLVD., SUITE 600

(Street)
CLEVELAND OHIO 44122

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NACCO INDUSTRIES INC [ NC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
Officer (give title below)XOther (specify below)
Member of a group
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/01/2026A(1)563A(2)37,306IBy Trust/Spouse(3)
Class A Common Stock722D
Class A Common Stock2,058IBy RAII(4)
Class A Common Stock4,384IBy Spouse/Co-Trustee for Child1/RAII(5)
Class A Common Stock645IBy Spouse/Co-Trustee for Child1/Trust(6)
Class A Common Stock500IBy Spouse(7)
Class A Common Stock7,637IBy RAII/Spouse(8)
Class A Common Stock4,236IBy Spouse/Co-Trustee for Child2/RAII(5)
Class A Common Stock563IBy Spouse/Co-Trustee for Child2/Trust(6)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Spouse's shares of Class A Common Stock awarded to the Reporting Person's spouse as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan.
2. N/A
3. Held in Trust for benefit of Reporting Person's spouse. Reporting Person disclaims beneficial ownership of all such shares.
4. Represents the Reporting Person's proportionate limited partnership interests in shares held by Rankin Associates II, L.P .
5. Held by Trust for the benefit of Reporting Person's minor child. Spouse serves as co-trustee with PNC bank. Shares represent the minor child's proportionate limited interests in shares held by Rankin Associates II, L.P. Reporting Person disclaims beneficial ownership of all such shares.
6. Held by a trust for Reporting Person's minor child. Reporting Person's spouse and Reporting Person's spouse's brother, James T. Rankin, serve as co-trustees of the trust. Reporting Person disclaims beneficial ownership of all such shares.
7. By Spouse. Reporting Person disclaims beneficial ownership of all such shares.
8. 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.
/s/ Matthew J. Dilluvio, attorney-in-fact04/01/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)