NACCO insider reports grant to spouse’s trust
RANKIN VICTOIRE G reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
RANKIN VICTOIRE G reported acquisition or exercise transactions in this Form 4 filing.
NACCO Industries insider Victoire G. Rankin reported updated indirect holdings and a compensation-related share award. A trust associated with Rankin’s spouse, identified as AMR – Main Trust – A, received a grant or award of 760 shares of Class A Common Stock, bringing that trust’s holdings to 217,720 shares. Additional indirect positions in Class A and Class B Common Stock are held through multiple trusts, retirement accounts, and limited partnerships, and the filing notes that Rankin disclaims beneficial ownership of many of these spouse- and family-related entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 760 shares
Grant/Award
13 txns
Insider
RANKIN VICTOIRE G
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 760 | $0.00 | $0.00 |
| 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 | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 217,720 shares (Indirect, AMR - Main Trust - A);
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 — 2,000 contracts (Indirect, AMR - RAI (B));
Class A Common Stock — 7,811 shares (Indirect, Spouse/Trust/RFR);
Class A Common Stock — 1,975 shares (Indirect, AMR - RMI (Delaware));
Class A Common Stock — 5,320 shares (Indirect, By Spouse/Trust 2 (Sr.));
Class A Common Stock — 4,800 shares (Indirect, AMR - Trust3 (GC));
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 — 34,936 shares (Indirect, VGR - Trust);
Class A Common Stock — 14,160 shares (Indirect, AMR - IRA);
Class A Common Stock — 0 shares (Indirect, AMR - (Unitrust))
Footnotes (14)
- F1. 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.
- F2. N/A
- F3. Reporting Person's spouse serves as Trustee of a Trust for the benefit of Alfred M. Rankin, Jr. Reporting Person disclaims beneficial ownership of all such shares.
- F4. Reporting Person's spouse serves as co-trustee for the benefit of spouse's family members. Reporting Person disclaims ownership of such shares.
- F5. Represents the Reporting Person's spouse's proportionate interest in shares held by Rankin Management, Inc. ("RMI"). Reporting Person disclaims beneficial ownership of all such shares.
- F6. Reporting Person's spouse serves as Trustee of Trusts for the benefit of the Estate of Alfred M. Rankin, Sr. Reporting Person disclaims beneficial ownership of all such shares.
- F7. Reporting Person's spouse serves as Trustee of Trusts for the benefit of each of grantor's grandchildren. Reporting Person disclaims beneficial onwership of all such shares.
- F8. Represents the Reporting Person's spouse's proportionate limited partnership interest in shares held by AMR NC. Reporting Person disclaims beneficial ownership of all such shares.
- F9. Reporting Person's spouse serves as Trustee of Trusts for the benefit of Bruce T Rankin. Reporting Person disclaims beneficial ownership of all such shares.
- F10. Reporting Person's spouse serves as Trustee of a Trust for the benefit of Victoire G. Rankin.
- F11. Held in an Individual Retirement Account for the benefit of the Reporting Person's spouse. Reporting Person disclaims beneficial ownership of all such shares.
- F12. Reporting Person's spouse serves as Trustee of the Clara T. Rankin Remainder Unitrust#2 u/a/d 1/5/77. Reporting Person disclaim s beneficial ownership of all such shares.
- F13. Represents Reporting Person's spouse's proportionate limited partnership interest in shares held by Rankin Associates IV, L.P. Reporting Person disclaims beneficial ownership of all such shares.
- F14. Represents Reporting Person's spouse's proportionate limited partnership interest in shares held by Rankin Associates I, L.P. R eporting Person disclaims beneficial ownership of all such shares.
Key Figures
Grant to spouse-related trust: 760 shares Class A Common Stock
AMR – Main Trust – A holdings: 217,720 shares Class A
IRA indirect Class A holdings: 14,160 shares Class A
+3 more
6 metrics
Grant to spouse-related trust
760 shares Class A Common Stock
Grant or award credited to AMR – Main Trust – A
AMR – Main Trust – A holdings
217,720 shares Class A
Total shares following the reported grant or award
IRA indirect Class A holdings
14,160 shares Class A
Held in an Individual Retirement Account for spouse’s benefit
VGR Trust Class A holdings
34,936 shares Class A
Indirect holdings through VGR – Trust
AMR Associates NC, L.P. Class A holdings
2,044 shares Class A
Indirect interest via partnership structure
AMR Associates NC, L.P. Class B holdings
201,928 shares Class B
Indirect, with corresponding underlying Class A shares
Key Terms
Non-Employee Directors' Equity Compensation Plan, Individual Retirement Account, limited partnership interest, Class B Common Stock
4 terms
Non-Employee Directors' Equity Compensation Plan financial
"shares of Class A Common Stock awarded 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's spouse"
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 spouse's proportionate limited partnership interest in shares held by AMR NC"
Class B Common Stock financial
"Class B Common Stock with underlying Class A Common Stock reported as indirect holdings"
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 NACCO Industries (NC) report for Victoire G. Rankin?
NACCO Industries reported that a trust associated with Victoire G. Rankin’s spouse received a grant or award of 760 Class A shares, while numerous indirect trust and partnership holdings were updated, with Rankin disclaiming beneficial ownership of many spouse- and family-related positions.
What role does the Non-Employee Directors’ Equity Compensation Plan play in this NACCO (NC) filing?
A footnote explains that certain Class A shares were awarded to the reporting person’s spouse as “Required Shares” under NACCO’s Non-Employee Directors’ Equity Compensation Plan, and these shares are reflected as a grant or award to a spouse-related trust in the Form 4.
What Class B Common Stock interests are reported in this NACCO (NC) Form 4?
The filing lists indirect holdings of Class B Common Stock through entities such as AMR Associates NC, L.P., including 201,928 Class B shares with corresponding underlying Class A shares, with the reporting person disclaiming beneficial ownership consistent with the partnership interest disclosures.
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