NACCO insider reports stock award and tax share surrender
NACCO Industries insider Helen Rankin Butler filed a Form 4 reporting indirect changes in Class A Common Stock tied to her spouse’s compensation.
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Rhea-AI Filing Summary
NACCO Industries insider Helen Rankin Butler filed a Form 4 reporting indirect changes in Class A Common Stock tied to her spouse’s compensation. Her spouse received 39,630 shares of Class A Common Stock as an award under the company’s Executive Long-Term Incentive Compensation Plan.
On the same date, 8,777 Class A shares were surrendered back to NACCO in a cashless transaction to cover her spouse’s tax withholding obligations on that stock award. The filing also details multiple indirect holdings of both Class A and Class B shares through trusts, partnerships, and retirement accounts, with several footnotes stating that Butler disclaims beneficial ownership of some of these interests.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 39,630 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Class A Common Stock | 8,777 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| 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 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (14)
- F1. Shares of Class A Common Stock awarded to the Reporting Person's spouse under the Company's Executive Long-Term Incentive Compensation Plan.
- F2. N/A
- F3. Reporting Person's spouse serves as Trustee of the J.C. Butler, Jr. Revocable Trust. Reporting Person disclaims beneficial ownership of all such shares.
- F4. Cashless Exercise-Award shares that Reporting Person's Spouse surrendered to Company in order to satisfy his tax withholding obligations with respect to his Long-Term Incentive Plan Stock Award.
- F5. Represents the Reporting Person's proportionate limited partnership interest in shares held by AMR NC. The Reporting Person is the trustee of a trust for the benefit of the Reporting Person that is a general partner of AMR NC.
- F6. Held by BTR 2020 GST Trust for the benefit of Reporting Person.
- F7. Represents the Reporting Person's child's proportionate limited partnership interests in shares held by Rankin Associates II, L.P . Reporting Person disclaims beneficial ownership of all such shares.
- F8. Held by Trust, John C. Butler, Jr., Trustee, for the benefit of Reporting Person's minor child. Reporting Person disclaims beneficial ownership of all such shares.
- F9. Held by Trust for the benefit of Reporting Person.
- F10. Held in an Individual Retirement Account for the benefit of the Reporting Person's spouse. Reporting Person disclaims beneficial ownership of all such shares.
- F11. Reporting Person serves as trustee of the JCB 2020 GST Trust for the benefit of Clara R. Butler.
- F12. Reporting Person serves as trustee of the JCB 2020 GST Trust for the benefit of Griffin B. Butler.
- F13. RAI-Represents Reporting Person's limited partnership interest in shares held by Rankin Associates I, L.P.
- F14. RAIV-Represents Reporting Person's limited partnership interest in shares held by Rankin Associates IV, L.P.
FAQ
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What transactions did Helen Rankin Butler report in this NACCO (NC) Form 4?
What indirect ownership structures are disclosed for NACCO (NC) in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.
