Form 4: Clara R. Williams Reports Changes in Beneficial Ownership of Hamilton Beach Brands Holding Co. Shares
SEC Form 4 Filing
Clara R. Williams, a director and member of a group, filed a Form 4 detailing contributions of Class B Common Stock to Rankin Associates HBB, L.P. on March 12, 2024.
Summary
- Clara R. Williams, a director of Hamilton Beach Brands Holding Co., reported changes in beneficial ownership on March 12, 2024.
- The transactions involved contributions of Class B Common Stock to Rankin Associates HBB, L.P. (RA HBB).
- Williams is associated with various trusts and partnerships that are limited partners of RA HBB.
- The report details contributions related to trusts for herself, her spouse, and her children.
- Williams disclaims beneficial ownership of shares held by certain trusts.
- A power of attorney was granted to several individuals to execute Section 16 filings on her behalf.
Sentiment
Score: 5
Explanation: This is a neutral filing, simply reporting transactions. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 1989-12-29 | Date of the original trust agreement between Clara T. (Rankin) Williams as trustee and Clara T. (Rankin) Williams. |
| 2012-06-22 | Date of the 2012 Clara R. Williams Trust U/A/D. |
| 2024-03-04 | Date of the Power of Attorney. |
| 2024-03-12 | Date of the transactions reported on Form 4. |
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