Rankin (NC) Form 4 Shows Trust Holdings and 10/01/2025 Trades
Rhea-AI Filing Summary
Rankin Elizabeth B, an officer of NACCO INDUSTRIES, INC. (ticker NC), reported transactions in Class A common stock with an earliest transaction date of 10/01/2025. The filing shows an acquisition of 707 Class A shares and a disposition of 722 Class A shares. The report lists multiple blocks of Class A shares held indirectly through trusts, Rankin Associates II, L.P., and by the reporting persons spouse and minor-child trusts, with amounts disclosed for each holding (examples include 36,139, 2,058, 4,384, and others). Explanations state several holdings are held in trusts for family members and that the reporting person disclaims beneficial ownership of certain shares. The form is signed by attorney-in-fact Matthew J. Dilluvio on 10/02/2025.
Positive
- Acquisition of 707 Class A shares is disclosed (10/01/2025)
- Detailed trust and ownership disclosure clarifies indirect holdings and disclaimers
Negative
- Disposition of 722 Class A shares is disclosed (10/01/2025)
- Filing does not provide an aggregate post-transaction ownership percentage for the reporting person
Insights
TL;DR: Officer filed multiple trust-related stock entries showing both a small acquisition and a small disposal on 10/01/2025.
The Form 4 documents an acquisition of 707 Class A shares and a disposition of 722 Class A shares by or on behalf of the reporting person on 10/01/2025. Several holdings are attributed to trusts, Rankin Associates II, L.P., and the reporting persons spouse or minor-child trusts; the filer explicitly disclaims beneficial ownership for certain trust-held shares. This filing records ownership structure and recent movements but does not state aggregate company-wide ownership percentages or a total post-transaction beneficial ownership percentage.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 707 | $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 | -- | -- | -- |
Footnotes (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.
