NACCO (NC) insider Rankin reports 569-share trust award and family holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NACCO Industries insider Elizabeth B. Rankin reported updated holdings of Class A and Class B Common Stock, primarily through her spouse and related trusts and partnerships. The filing shows an award of 569 Class A shares to her spouse as “Required Shares” under the company’s Non-Employee Directors' Equity Compensation Plan, held by a trust for the spouse.
Following this compensation-related acquisition, a trust for the spouse holds 37,875 Class A shares indirectly attributed to Rankin. She also reports 722 Class A shares held directly in her own name and various additional indirect Class A positions through her spouse, children’s trusts, and Rankin Associates II, L.P., many of which she expressly disclaims beneficial ownership of.
The filing also notes an indirect position in Class B Common Stock held in a spouse-related trust that is tied to 9,430 underlying Class A shares. Overall, the activity reflects a grant or award and detailed disclosure of existing indirect family and trust holdings, rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
RANKIN ELIZABETH B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 569 | $0.00 | -- |
| holding | Class B 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 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 37,875 shares (Indirect, By Trust/Spouse);
Class B Common Stock — 9,430 shares (Indirect, Spouse/Trust);
Class A Common Stock — 722 shares (Direct, null)
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. Held by BTR 2012 GST Trust for the benefit of Reporting Person's spouse. Reporting Person disclaims beneficial ownership of all such shares.
Key Figures
Awarded Class A shares: 569 shares
Indirect Class A via spouse trust: 37,875 shares
Direct Class A holding: 722 shares
+3 more
6 metrics
Awarded Class A shares
569 shares
Required Shares under Non-Employee Directors' Equity Compensation Plan
Indirect Class A via spouse trust
37,875 shares
Class A Common Stock held by Trust/Spouse after award
Direct Class A holding
722 shares
Class A Common Stock held directly
Indirect Class A via RAII (entry example)
2,058 shares
Class A Common Stock held by Rankin Associates II, L.P.
Indirect Class A via spouse/RAII
7,637 shares
Class A Common Stock held by RAII/Spouse
Class B underlying Class A
9,430 underlying shares
Class B Common Stock in spouse trust convertible into Class A
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
"awarded to the Reporting Person's spouse as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan"
beneficial ownership regulatory
"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.
Class B Common Stock financial
"Class B Common Stock held in a spouse-related trust with underlying Class A Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
What insider activity did Elizabeth B. Rankin report for NACCO Industries (NC)?
Elizabeth B. Rankin reported a compensation-related acquisition and updated holdings in NACCO Industries stock. The filing shows 569 Class A shares awarded to her spouse via a trust, plus detailed direct and indirect family and trust holdings, with several positions she disclaims beneficial ownership of.
What are Elizabeth B. Rankin’s direct and indirect Class A holdings in NACCO Industries (NC)?
Rankin reports 722 Class A Common shares held directly in her name. Indirectly, a spouse-related trust holds 37,875 Class A shares, and additional Class A positions are held via her spouse, children’s trusts, and Rankin Associates II, L.P., many of which she disclaims beneficial ownership of.
How is Class B Common Stock of NACCO Industries (NC) reflected in this Form 4?
The filing shows an indirect holding of Class B Common Stock in a spouse-related trust tied to 9,430 underlying Class A shares. This position is reported as indirect beneficial ownership and is separate from Rankin’s directly held Class A Common Stock.
Does the NACCO Industries (NC) Form 4 show open-market buying or selling by Elizabeth B. Rankin?
The Form 4 does not show open-market purchases or sales. It primarily records a grant or award of 569 Class A shares to a spouse’s trust and detailed indirect holdings through spouse, trusts, and partnerships, with multiple disclaimers of beneficial ownership by Rankin.