Form 4: Hamilton Beach Brands Holding Co: David B. Williams Reports Changes in Beneficial Ownership

David B. Williams, a member of a group related to Hamilton Beach Brands Holding Co, reports changes in beneficial ownership of Class A Common Stock due to an award of shares to his spouse.

Summary

• On July 1, 2024, David B. Williams reported changes in his beneficial ownership of Hamilton Beach Brands Holding Co Class A Common Stock.
• The changes include the acquisition of 1,364 shares by his spouse as 'Required Shares' under the company's Non-Employee Directors' Equity Compensation Plan.
• Following the transaction, Williams beneficially owns 195,067 shares directly.
• Williams also disclaims beneficial ownership of shares held in trusts for the benefit of his spouse and minor children, as well as shares held in a trust where his spouse serves as trustee.
• He serves as Trustee of a Trust for the benefit of the David B. Williams.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports changes in beneficial ownership.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.

Related Party Transactions

• The transaction involves the Reporting Person's spouse receiving shares under the Company's Non-Employee Directors' Equity Compensation Plan.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.
• It has a minimal direct impact on employees, customers, suppliers, or creditors.

Key Dates