Form 4: Alison A. Rankin Transfers Hamilton Beach Brands Holding Co Shares to Rankin Associates HBB, L.P.

Alison A. Rankin, as trustee, reports a transaction involving the contribution of 29,863 Class B Common Stock shares of Hamilton Beach Brands Holding Co to Rankin Associates HBB, L.P.

Summary

• On March 12, 2024, Alison A. Rankin, as trustee, filed a Form 4 indicating a change in beneficial ownership of Hamilton Beach Brands Holding Co [HBB] shares.
• The transaction involved the contribution of 29,863 shares of Class B Common Stock to Rankin Associates HBB, L.P. ('RA HBB').
• Alison A. Rankin is a limited partner of RA HBB and has a proportionate LP interest of shares held by RA HBB, L.P.
• Following the transaction, Ms. Rankin indirectly owns 29,863 shares of Class A Common Stock through her interest in RA HBB, L.P.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing indicating a transfer of shares. It doesn't inherently convey positive or negative sentiment regarding the company's performance or outlook.

Industry Context

This filing reflects insider activity related to Hamilton Beach Brands Holding Co. It is a routine disclosure required by the SEC for individuals with significant ownership or control.

Related Party Transactions

• The contribution of Class B shares to Rankin Associates HBB, L.P. ('RA HBB') is a related party transaction, as the Reporting Person is a limited partner of RA HBB.

Stakeholder Impact

• The transaction itself is unlikely to have a significant impact on stakeholders, as it represents a transfer of shares within related entities rather than a change in overall ownership or control.

Key Dates