Form 4: Hamilton Beach Brands Holding Co: Helen Rankin Butler Reports Acquisition of Class A Common Stock

Sentiment:

SEC Form 4 Filing


Helen Rankin Butler, a member of a group related to Hamilton Beach Brands Holding Co, reports acquiring 1,118 shares of Class A Common Stock on October 1, 2024.

Summary

  • On October 1, 2024, Helen Rankin Butler acquired 1,118 shares of Class A Common Stock of Hamilton Beach Brands Holding Co.
  • The shares were acquired as 'Required Shares' under the Company's Non-Employee Directors' Equity Compensation Plan and awarded to the Reporting Person's spouse.
  • Following the transaction, Butler indirectly owns 174,057 shares held in trust for the benefit of her spouse, 157,778 shares held in trust for her benefit, 10,079 shares held in trust for the benefit of her minor child, 10,391 shares held in trust for the benefit of her minor child, 2,800 shares in an Individual Retirement Account for the benefit of her spouse, and 780 shares as Trustee of BTR 2020 GST Trust.
  • Butler disclaims beneficial ownership of all such shares.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to insider transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and equity compensation plans, common in publicly traded companies.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant.

Key Dates

DateDescription
10/01/2024Date of transaction: Acquisition of Class A Common Stock
10/03/2024Date of signature for the Form 4 filing

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