Form 4: Hamilton Beach Brands Holding Co: Officer Cunningham Reports Stock Award and Tax Obligation Fulfillment
SEC Filing
Sarah M. Cunningham, Sr. VP and CFO of Hamilton Beach Brands Holding Co, reports acquisition of Class A Common Stock and surrender of shares to cover tax obligations.
Summary
- On February 21, 2025, Sarah M. Cunningham, Sr. VP and CFO of Hamilton Beach Brands Holding Co, acquired 16,888 shares of Class A Common Stock.
- These shares were awarded under the company's Executive Long-Term Equity Incentive Compensation Plan.
- On the same day, Cunningham surrendered 1,166 shares of Class A Common Stock at $17.6 to satisfy tax withholding obligations related to the stock award.
- Following these transactions, Cunningham beneficially owns 32,425 shares of Class A Common Stock.
Sentiment
Score: 6
Explanation: The document reflects standard executive compensation practices and insider transactions, which are neither particularly positive nor negative.
Positives
- The acquisition of shares by a company officer demonstrates confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates standard executive compensation practices.
Stakeholder Impact
- The transactions have a minor impact on shareholders, reflecting standard executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of stock award and tax obligation fulfillment. |
| 02/27/2025 | Date of signature by attorney-in-fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.