NACCO Industries (NC) insider details new Class A share awards
Rhea-AI Filing Summary
NACCO Industries, Inc. reported an insider transaction involving Class A common stock. On 01/02/2026, the reporting person had 1,052 shares of Class A common stock acquired for the benefit of their spouse as “Required Shares” under the company’s Non-Employee Directors’ Equity Compensation Plan. Following this, the filing lists substantial additional Class A holdings reported as indirectly owned through multiple trusts, retirement accounts, corporations, and limited partnerships associated with the reporting person’s spouse and family. In many of these indirect positions, the reporting person formally disclaims beneficial ownership, clarifying that control or economic interest rests with the spouse, related entities, or trust beneficiaries.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,052 | $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 | -- | -- | -- |
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 Alfred M. Rankin, Jr. Reporting Person disclaims beneficial ownership of all such shares. Held in an Individual Retirement Account for the benefit of the Reporting Person's spouse. 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 spouse's proportionate limited partnership interest in shares held by AMR NC. Reporting Person disclaims beneficial ownership of all such shares. 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. Reporting Person's spouse serves as Trustee of a Trust for the benefit of Victoire G. Rankin. 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. 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. Reporting Person's spouse serves as trustee of BTR 2012 GST for the benefit of Clara Williams. Reporting Person's spouse serves as trustee of BTR 2012 GST for the benefit of Helen Butler.
FAQ
What insider transaction did NACCO Industries (NC) report in this Form 4?
The Form 4 reports that 1,052 shares of Class A common stock were awarded on 01/02/2026 as “Required Shares” under NACCO Industries’ Non-Employee Directors’ Equity Compensation Plan for the benefit of the reporting person’s spouse.
Why does the reporting person disclaim beneficial ownership of certain NACCO Industries shares?
For multiple indirect positions, the explanation notes that the reporting person’s spouse serves as trustee or holds a proportionate interest in entities that own the shares, and the reporting person disclaims beneficial ownership of all such shares.