NACCO Industries (NC) director receives 563-share equity grant as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SACHS VALERIE GENTILE reported acquisition or exercise transactions in this Form 4 filing.
NACCO Industries director Valerie Gentile Sachs received a grant of Class A Common Stock as part of her board compensation. She was awarded 563 shares at a price of $0.00 per share as “Required Shares” under the company’s Non-Employee Directors’ Equity Compensation Plan, bringing her direct holdings to 10,452 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SACHS VALERIE GENTILE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 563 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 10,452 shares (Direct)
Footnotes (1)
- Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. N/A
Key Figures
Shares granted: 563 shares
Grant price: $0.00 per share
Shares owned after grant: 10,452 shares
3 metrics
Shares granted
563 shares
Class A Common Stock award to director
Grant price
$0.00 per share
Equity compensation grant, not market purchase
Shares owned after grant
10,452 shares
Director’s direct Class A holdings post-transaction
Key Terms
Class A Common Stock, Non-Employee Directors' Equity Compensation Plan, Required Shares, Form 4
4 terms
Class A Common Stock financial
"security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Non-Employee Directors' Equity Compensation Plan financial
"under the company's Non-Employee Directors' Equity Compensation Plan."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did NACCO Industries (NC) report for Valerie Gentile Sachs?
NACCO Industries reported that director Valerie Gentile Sachs received a grant of 563 shares of Class A Common Stock. The shares were awarded as “Required Shares” under the Non-Employee Directors’ Equity Compensation Plan and represent compensation rather than an open-market purchase.
Was the NACCO Industries (NC) Form 4 transaction a market purchase or a grant?
The Form 4 transaction for NACCO Industries was a grant, not a market purchase. Director Valerie Gentile Sachs acquired 563 Class A Common Stock shares at $0.00 per share as a compensation award under the Non-Employee Directors’ Equity Compensation Plan for non-employee board members.