Alison Rankin Form 4: 707-Share Acquisition and Family Trust Ownership Details
Rhea-AI Filing Summary
Alison A. Rankin, an officer and related party to NACCO Industries, reported acquisitions on Form 4 dated 10/01/2025. The filing shows an open-market or plan acquisition of 707 shares of Class A Common Stock (transaction code A). The schedule details numerous indirect holdings across trusts and limited partnerships: several entries list beneficial interests in Class A shares and conversions from Class B holdings resulting in aggregate indirect interests (for example, 204,919 shares held by spouse/trust and multiple partnership/trust interests). Many holdings are held in trusts for family members where the reporting person disclaims beneficial ownership. The filing is a disclosure of insider ownership changes and extensive family/associated trust ownership structure.
Positive
- Insider acquisition disclosed: Reporting person acquired 707 Class A shares on 10/01/2025 (transaction code A).
- Comprehensive ownership disclosure: Filing details extensive indirect holdings via trusts and partnerships, improving transparency for investors.
Negative
- None.
Insights
TL;DR: Officer acquired 707 Class A shares; filing outlines large, primarily indirect family and partnership holdings.
The Form 4 documents a small direct acquisition by Alison A. Rankin and extensive indirect ownership through trusts and limited partnerships. The reported indirect totals, including a listed 204,919 Class A-share interest tied to spouse/trust arrangements and other partnership interests, indicate concentrated family control though the reporting person disclaims beneficial ownership in many trusts. For investors, this clarifies insider exposure and governance linkages but does not provide transaction price or economic terms.
TL;DR: Disclosure highlights intertwined family trusts and trustee roles with a modest direct purchase by the officer.
The filing emphasizes trustee relationships and disclaimed beneficial ownership across multiple trusts and partnership entities. Roles include the reporting person and spouse acting as trustees and limited partners, which is typical in family-controlled holdings. The single reported acquisition (707 Class A shares) is routine disclosure under Section 16. The record strengthens transparency on ownership structure but contains no information on voting agreements or changes to control.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 707 | $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 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 | -- | -- | -- |
| 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 (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 Reporting Person's spouse serves as Trustee of a Trust for the benefit of Roger F. Rankin. 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. Reporting Person serves as Trustee of a Trust for the benefit of Alison Rankin. 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. Reporting Person's spouse serves as Trustee of Trusts for the benefit of each of grantor's grandchildren. Reporting Person disclaims beneficial ownership of all such shares. Reporting Person's spouse serves as trustee for BTR 2020 GST Trust f/b/o Anne F. Rankin. Reporting Person disclaims beneficial ownership of all such shares. Reporting Person's spouse serves as trustee for BTR 2020 GST Trust f/b/o Elisabeth M. Rankin. Reporting Person disclaims beneficial ownership of all such shares. Held by Trust dated December 18, 1997. Reporting Person is Co-Trustee for the benefit of Reporting Person's daughter. Reporting Person disclaims beneficial ownership of all such shares. Held by Trust dated December 30, 2015. Reporting Person's Spouse serves as Trustee of the Trust for the benefit of Reporting Person's daughter. Reporting Person disclaims beneficial ownership of all such shares. Represents the Reporting Person's daughter's proportionate limited partnership interest in shares held by Rankin Associates II, L.P. which is held in a trust dated December 18, 1997 for the benefit of the daughter. Reporting Person is the co-trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares. Represents the Reporting Person's daughter's proportionate limited partnership interest in shares held by Rankin Associates II, L.P. which is held in a trust dated September 11, 2000 (Posterity Trust) for the benefit of the daughter. Reporting Person is the trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares. Represents the Reporting Person's daughter's proportionate limited partnership interest in shares held by Rankin Associates II, L.P. which is held in a trust dated December 30, 2015 for the benefit of the daughter. Reporting Person's spouse is the trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares. Held by Trust dated August 15, 2012. Reporting Person is Co-Trustee for the benefit of Reporting Person's daughter. Reporting Person disclaims beneficial ownership of all such shares. Represents the Reporting Person's daughter's proportionate limited partnership interest in shares held by Rankin Associates II, L.P. which is held in a trust dated August 15, 2012 for the benefit of the daughter. Reporting Person is the trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares. 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. Represents the Reporting Person's proportionate limited partnership interests in shares held by Rankin Associates I, L.P. Represents Reporting Person's proportionate limited partnership interest in shares held by Rankin Associates IV, L.P. Reporting person serves as trustee of BTR 2012 GST Trust for the benefit of Anne F. Rankin. Reporting person serves as trustee of BTR 2012 GST Trust for benefit of Elisabeth Rankin. GP-Represents Reporting Person's spouse's proportionate limited partnership interest in shares of Rankin Associates IV, L.P. held by the Trust for the benefit of Reporting Person's spouse, as general partner. Reporting Person disclaims beneficial ownership of all such shares. Represents the Reporting Person's spouse's proportionate limited partnership interest in shares held by Rankin Associates I, L.P. Reporting Person disclaims beneficial ownership of all such shares.
