Form 4: Vested Trust for James T. Rankin, Jr. Reports Transaction in Hamilton Beach Brands Holding Co (HBB)
SEC Form 4
Vested Trust for James T. Rankin, Jr., a member of a group, reports a transaction involving Class B Common Stock of Hamilton Beach Brands Holding Co (HBB) on March 12, 2024.
Summary
- On March 12, 2024, Vested Trust for James T. Rankin, Jr. reported a transaction involving Hamilton Beach Brands Holding Co [HBB].
- The transaction involved the contribution of 4,504 Class B shares to Rankin Associates HBB, L.P. ('RA HBB').
- The Reporting Person is a limited partner of RA HBB.
- Following the transaction, the reporting person beneficially owns 4,504 Class A Common Stock through a proportionate LP interest of shares held by Rankin Associates HBB, L.P.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a change in beneficial ownership, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of a transaction by a beneficial owner and doesn't necessarily indicate a broader trend within the houseware industry.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in beneficial ownership, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 03/12/2024 | Date of transaction: Contribution of Class B shares to Rankin Associates HBB, L.P. |
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