NACCO chair granted 955 Class A shares via trust
RANKIN ALFRED M ET AL reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
RANKIN ALFRED M ET AL reported acquisition or exercise transactions in this Form 4 filing.
NACCO Industries director and chairman Alfred M. Rankin Jr., reporting for various related entities, recorded a grant of 955 Class A Common shares on April 1, 2026. The shares were awarded as “Required Shares” under the company’s Non-Employee Directors’ Equity Compensation Plan to the AMR Main Trust at a stated price of $0.00 per share.
After this award, the AMR Main Trust held 216,960 Class A shares indirectly attributed to Rankin. The Form 4 also lists multiple indirect holdings in trusts, retirement accounts, and limited partnerships, and several footnotes state that Rankin serves as trustee or co-trustee and disclaims beneficial ownership of certain shares.
Insider Trade Summary
Grant/Award: 955 shares
Grant/Award
14 txns
Insider
RANKIN ALFRED M ET AL
Role
Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 955 | $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 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 216,960 shares (Indirect, AMR Main Trust(A));
Class B Common Stock — 2,000 contracts (Indirect, AMR-RAI/B);
Class B Common Stock — 201,928 contracts (Indirect, AMR Associates NC, L.P.);
Class B Common Stock — 25 contracts (Indirect, AMR RAIV - GP);
Class B Common Stock — 9,431 contracts (Indirect, By Trust/Daughter 2);
Class B Common Stock — 9,431 contracts (Indirect, By Trust/Daughter 1);
Class A Common Stock — 14,160 shares (Indirect, AMR - IRA);
Class A Common Stock — 1,975 shares (Indirect, AMR - RMI (Delaware));
Class A Common Stock — 5,320 shares (Indirect, AMR - Trust2 (SR));
Class A Common Stock — 4,800 shares (Indirect, AMR - Trust3 (Grandchildren));
Class A Common Stock — 2,044 shares (Indirect, AMR Associates NC, L.P.);
Class A Common Stock — 10,110 shares (Indirect, BTR - Class A Trust);
Class A Common Stock — 7,811 shares (Indirect, Trust/RFR);
Class A Common Stock — 34,936 shares (Indirect, VGR - Trust)
Footnotes (13)
- F1. Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan.
- F2. N/A
- F3. Reporting Person serves as Trustee of a Trust for the benefit of Alfred M. Rankin, Jr.
- F4. Held in an Individual Retirement Account for the benefit of the Reporting Person.
- F5. Represents the Reporting Person's proportionate limited partnership interest in shares of Rankin Associates II, L.P. held by Rankin Management, Inc. ("RMI"), as general partner.
- F6. Reporting Person serves as Trustee of Trusts for the benefit of the Estate of Alfred M. Rankin. Reporting Person disclaims bene ficial ownership of all such shares.
- F7. Reporting Person serves as Trustee of Trusts for the benefit of each of grantor's grandchildren. Reporting Person disclaims beneficial ownership of all such shares.
- F8. 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 limited partner of AMR NC.
- F9. Reporting Person serves as co-trustee for the benefit of Reporting Person's family members. Reporting Person disclaims ownership of such shares.
- F10. Reporting Person serves as Trustee of a Trust for the benefit of Victoire G. Rankin. Reporting Person disclaims beneficial ownership of all such shares.
- F11. Represents the proportionate limited partnership interest in shares held by Rankin Associates I, L.P., which is held in a qualified annuity interest trust for the benefit of Reporting Person.
- F12. Reporting person serves as trustee of BTR 2012 GST for the benefit of Clara Williams.
- F13. Reporting person serves as trustee of BTR 2012 GST Trust for the benefit of Helen R. Butler.
Key Figures
Director share grant: 955 shares
AMR Main Trust Class A holdings: 216,960 shares
AMR-RAI/B underlying Class A: 2,000 shares
+4 more
7 metrics
Director share grant
955 shares
Class A Common Stock “Required Shares” awarded on April 1, 2026
AMR Main Trust Class A holdings
216,960 shares
Indirect Class A Common Stock holdings following the grant
AMR-RAI/B underlying Class A
2,000 shares
Underlying Class A Common Stock for Class B position, indirect
AMR Associates NC, L.P. underlying Class A
201,928 shares
Underlying Class A Common Stock for Class B position, indirect
Trust/Daughter 2 underlying Class A
9,431 shares
Underlying Class A Common Stock for Class B position, indirect
AMR - IRA Class A holdings
14,160 shares
Indirect Class A Common Stock in an Individual Retirement Account
VGR Trust Class A holdings
34,936 shares
Indirect Class A Common Stock in a Victoire G. Rankin trust
Key Terms
Non-Employee Directors' Equity Compensation Plan, Required Shares, Individual Retirement Account, limited partnership interest, +1 more
5 terms
Non-Employee Directors' Equity Compensation Plan financial
"awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan."
Individual Retirement Account financial
"Held in an Individual Retirement Account for the benefit of the Reporting Person."
A tax-advantaged retirement account owned by an individual that holds investments such as stocks, bonds, mutual funds or cash and is governed by rules about how much can be contributed and when money can be withdrawn. It matters to investors because the account’s specific tax rules and withdrawal limits affect how savings grow and when taxes are paid; think of it as a labeled box for retirement money that comes with special tax treatment and rules about when you can open it.
limited partnership interest financial
"Represents the Reporting Person's proportionate limited partnership interest in shares of Rankin Associates II, L.P."
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did NACCO Industries (NC) report in Alfred Rankin’s latest Form 4?
The Form 4 reports a grant of 955 Class A Common shares to an AMR Main Trust account. These were awarded as “Required Shares” under NACCO’s Non-Employee Directors’ Equity Compensation Plan and are reported as indirectly owned by chairman Alfred M. Rankin Jr.
Was there any open-market buying or selling by Alfred Rankin in this NACCO (NC) Form 4?
No open-market buying or selling is shown. The only transaction with a code is a grant of 955 Class A shares as director compensation. The remaining entries simply update indirect holdings in various trusts, retirement accounts, and partnerships associated with Rankin.
How are Alfred Rankin’s NACCO (NC) holdings structured in this Form 4?
Holdings are largely indirect, spread across multiple entities including AMR Main Trust, various family trusts, an individual retirement account, and limited partnerships. Footnotes explain that Rankin often serves as trustee or limited partner and, in several cases, expressly disclaims beneficial ownership.
Does the NACCO (NC) Form 4 mention Class B Common Stock or derivatives?
Yes. The filing lists several indirect positions in Class B Common Stock that correspond to underlying NACCO Class A shares. The derivative summary shows Class B positions with a stated exercise price of $0.0000, each linked to specific underlying Class A share amounts held through trusts and partnerships.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates