Form 4: Roger F. Rankin Reports Changes in Beneficial Ownership of Hamilton Beach Brands Holding Co.

Roger F. Rankin, a member of a group, reported contributions of Class B shares to Rankin Associates HBB, L.P. on March 12, 2024, resulting in changes in his beneficial ownership of Hamilton Beach Brands Holding Co. stock.

Summary

• On March 12, 2024, Roger F. Rankin reported transactions involving Class B Common Stock of Hamilton Beach Brands Holding Co.
• The transactions involved contributions of Class B shares to Rankin Associates HBB, L.P. (RA HBB).
• Rankin serves as a trustee for various trusts that are limited partners of RA HBB, including trusts for the benefit of his daughters and himself.
• The reported transactions resulted in changes to the number of Class A Common Stock shares indirectly owned through these trusts and partnerships.
• The price per share for these transactions is reported as $0, indicating contributions rather than purchases or sales.
• After the reported transactions, Rankin's indirect beneficial ownership includes shares held through various trusts and partnerships, including those for his daughters and spouse.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by an insider, which is a common occurrence in publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions, which can influence investor confidence.

Key Dates