NACCO director granted 569 Class A shares
TAPLIN BRITTON T reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
TAPLIN BRITTON T reported acquisition or exercise transactions in this Form 4 filing.
NACCO Industries director Britton T. Taplin reported a compensation-related equity award of 569 shares of Class A Common Stock. The filing describes these as “Required Shares” granted under the company’s Non-Employee Directors’ Equity Compensation Plan and held in a trust for Taplin’s benefit.
The Form 4 also updates indirect holdings in Class A shares through multiple trusts, a spouse, and LLCs, with footnotes stating that Taplin disclaims beneficial ownership of shares held by the spouse and certain children’s trusts. The filing does not show any open-market buying or selling activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 569 shares
Grant/Award
9 txns
Insider
TAPLIN BRITTON T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 569 | $0.00 | $0.00 |
| 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 — 67,169 shares (Indirect, By Trust);
Class A Common Stock — 157,095 shares (Indirect, Proportionate membership interest in shares held by Abigail II, LLC);
Class A Common Stock — 18,707 shares (Indirect, Proportionate membership interest in shares held by Abigail LLC);
Class A Common Stock — 5,755 shares (Indirect, By Spouse);
Class A Common Stock — 9,785 shares (Indirect, By Trust/GC#5);
Class A Common Stock — 9,785 shares (Indirect, Trust/GC#4);
Class A Common Stock — 5,250 shares (Indirect, Trust/GC#1);
Class A Common Stock — 12,649 shares (Indirect, Trust/GC#2);
Class A Common Stock — 12,649 shares (Indirect, Trust/GC#3)
Footnotes (5)
- 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. Held in Trust for the benefit of Reporting Person.
- F4. By Spouse. Reporting Person disclaims beneficial ownership of all such shares.
- F5. Reporting Person serves as co-trustee with PNC Bank of Trusts for the benefit of Reporting Person's children. Reporting Person disclaims beneficial ownership of all such shares.
Key Figures
Equity award: 569 shares
Award price: $0.0000 per share
Trust holding after award: 67,169 shares
+3 more
6 metrics
Equity award
569 shares
Class A Common Stock grant under Non-Employee Directors’ Equity Compensation Plan
Award price
$0.0000 per share
Required Shares equity award to director
Trust holding after award
67,169 shares
Indirect Class A Common Stock held by trust after 569-share grant
Indirect holding via Abigail II, LLC
157,095 shares
Proportionate membership interest in Class A shares
Indirect holding via Abigail LLC
18,707 shares
Proportionate membership interest in Class A shares
Indirect spouse holding
5,755 shares
By spouse; beneficial ownership disclaimed
Key Terms
Non-Employee Directors' Equity Compensation Plan, Required Shares, beneficial ownership, co-trustee, +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"
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.
co-trustee financial
"Reporting Person serves as co-trustee with PNC Bank of Trusts for the benefit of Reporting Person's children"
indirect ownership financial
"ownership_type": "indirect", "ownership_code": "I""
FAQ
What did NACCO (NC) director Britton Taplin report in this Form 4?
Britton T. Taplin reported an award of 569 shares of NACCO Class A Common Stock. The shares are classified as Required Shares under the company’s Non-Employee Directors’ Equity Compensation Plan and are held indirectly through a trust for his benefit.
What is NACCO’s Non-Employee Directors’ Equity Compensation Plan?
The Non-Employee Directors’ Equity Compensation Plan is NACCO’s program granting equity to outside directors. In this filing, 569 Required Shares of Class A Common Stock were awarded to Britton T. Taplin under this plan and allocated to an associated trust.
AI-generated analysis. How Rhea-AI works. Not financial advice.
