Form 4: BTR 2020 GST Trust f/b/o Clara R. Williams Reports Changes in Beneficial Ownership of Hamilton Beach Brands Holding Co.
SEC Form 4 Filing
BTR 2020 GST Trust f/b/o Clara R. Williams filed a Form 4 disclosing a contribution of Class B Common Stock to Rankin Associates HBB, L.P., resulting in no change to the total number of shares beneficially owned.
Summary
- On March 12, 2024, BTR 2020 GST Trust f/b/o Clara R. Williams reported a transaction involving Hamilton Beach Brands Holding Co. [HBB] Class B Common Stock.
- The transaction involved a contribution of 20,096 Class B shares to Rankin Associates HBB, L.P. ('RA HBB').
- The reporting person is a limited partner of RA HBB and indirectly owns the shares.
- Following the transaction, the reporting person beneficially owns 20,096 shares of Class A Common Stock indirectly through their proportionate LP interest in RA HBB.
- A Power of Attorney was executed on March 4, 2024, authorizing Lawrence K. Workman, Jr., Brent A. Ashley, Valerie Van Dyke, Jessica Savage, Eric Orsic and Andrew C. Thomas to act on behalf of Clara R. Williams for Section 16 filings.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership, which is common for individuals and entities with significant holdings in publicly traded companies. It doesn't necessarily indicate a strategic shift but rather a change in the structure of ownership.
Key Dates
| Date | Description |
|---|---|
| 1989-12-29 | Date of original trust agreement. |
| 2012-06-22 | Date of 2012 Clara R. Williams Trust U/A/D. |
| 2024-03-04 | Date of Power of Attorney execution. |
| 2024-03-12 | Date of transaction (contribution of Class B shares). |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.