Form 4: Hamilton Beach Insider Gifts Shares to Family Trusts

David B. Williams, a member of a group associated with Hamilton Beach Brands Holding Co., gifted 27,536 shares of Class B Common Stock to various family trusts.

Summary

• David B. Williams, identified as a member of a group related to Hamilton Beach Brands Holding Co. (HBB), reported a series of gift transactions.
• On December 5, 2025, Williams gifted a total of 27,536 shares of Class B Common Stock.
• These shares were transferred to various trusts established for the benefit of his spouse and children, as well as other named individuals (Clara R. Butler, Griffin B. Butler, Clara R. Williams, Helen C. Williams, Margo JV Williams).
• Each Class B Common Stock share is convertible into one Class A Common Stock share.
• Williams disclaims beneficial ownership of all shares held by the spouse's and children's trusts.

Sentiment

Score: 5

Explanation: The filing reports a routine insider gift transaction for estate planning purposes, which has a neutral impact on the company's operational or financial outlook.

Positives

• The gifting of shares to family trusts can be a part of long-term estate planning, potentially reducing future estate tax liabilities for the reporting person.
• The shares remain within the broader family group, indicating continued alignment of interests with the company.

Future Outlook

NA

Management Comments

• Reporting Person disclaims beneficial ownership of all such shares (referring to shares held by spouse's and children's trusts).

Industry Context

NA

Related Party Transactions

• Gifts of Class B Common Stock to trusts for the benefit of the reporting person's spouse and children.
• Gifts to trusts for the benefit of Clara R. Butler, Griffin B. Butler, Clara R. Williams, Helen C. Williams, and Margo JV Williams, who are implied to be related parties through the trust structures.

Stakeholder Impact

• Shareholders: Minimal direct impact as the shares remain within a related party group and are not entering the open market.
• Employees, Customers, Suppliers, Creditors: No direct impact from this type of transaction.

Key Dates

Keywords

Hamilton Beach Brands Holding Co, HBB, Form 4, insider transaction, gift, beneficial ownership, Class B Common Stock, family trust, estate planning