Form 4: Hamilton Beach Brands Holding Co: Executive Scott Tidey Reports Changes in Beneficial Ownership

Scott Tidey, President of Hamilton Beach Brands Holding Co, reports acquisition and disposal of Class A Common Stock related to the company's Executive Long-Term Equity Incentive Compensation Plan.

Summary

• On March 5, 2024, Scott Tidey, President of Hamilton Beach Brands Holding Co, reported changes in beneficial ownership of the company's Class A Common Stock.
• Tidey acquired 24,683 shares of Class A Common Stock through the Company's Executive Long-Term Equity Incentive Compensation Plan.
• Tidey disposed of 1,597 shares of Class A Common Stock at a price of $18.225 per share to satisfy tax withholding obligations related to the equity incentive plan.
• Following these transactions, Tidey directly owns 88,426 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects standard executive compensation practices and stock ownership adjustments.

Positives

• The acquisition of shares through the equity incentive plan aligns the executive's interests with those of the shareholders.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.

Key Dates