Form 4: Hamilton Beach Brands Holding Co: Executive Rankin A Farnham Reports Transaction
SEC Form 4 Filing
Rankin A Farnham, a member of a group related to Hamilton Beach Brands Holding Co, reported a transaction involving Class B Common Stock on March 12, 2024, contributing 40,325 shares to Rankin Associates HBB, L.P.
Summary
- On March 12, 2024, Rankin A Farnham, reported a transaction involving Hamilton Beach Brands Holding Co Class B Common Stock.
- Farnham contributed 40,325 Class B shares to Rankin Associates HBB, L.P. ('RA HBB').
- The reporting person is the trustee of certain trusts for the benefit of the Reporting Person that are limited partners of RA HBB.
- Following the transaction, Farnham indirectly owns 40,325 shares of Class A Common Stock through a proportionate interest in Rankin Associates HBB, L.P.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by an insider, and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership structure, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| March 6, 2024 | Date of Power of Attorney execution by A. Farnham Rankin. |
| 03/12/2024 | Date of the transaction involving Class B Common Stock. |
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