Form 4: NACCO Industries Director Britton T. Taplin Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Britton T. Taplin reports acquisition of Class A Common Stock and updates to beneficial ownership, including shares held directly, in trust, and by spouse.
Summary
- On January 2, 2025, Britton T. Taplin, a director of NACCO Industries Inc., reported changes in beneficial ownership of Class A Common Stock.
- Taplin acquired 928 shares of Class A Common Stock as 'Required Shares' under the company's Non-Employee Directors' Equity Compensation Plan.
- Following the transaction, Taplin directly owns 63,088 shares and indirectly owns 157,095 shares through a trust, 18,707 shares through Abigail LLC, and 5,755 shares through their spouse.
- Taplin disclaims beneficial ownership of shares held by their spouse.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard regulatory filing detailing changes in stock ownership.
Positives
- The acquisition of shares by a director demonstrates confidence in the company.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the stock ownership of a company director.
Key Dates
| Date | Description |
|---|---|
| 1975-10-15 | Date of the agreement between PNC Bank and Britton T. Taplin, as successor trustee, for the benefit of Theodore D. Taplin. |
| 1977-12-30 | Date of the agreement between National City Bank, as trustee, and Britton T. Taplin for the benefit of Britton T. Taplin. |
| 2021-01-18 | Date of Power of Attorney document. |
| 2025-01-02 | Date of the transaction involving the acquisition of Class A Common Stock. |
| 2025-01-06 | Date of signature for the report. |
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