Form 4: Nacco Industries Director Dennis W. LaBarre Reports Acquisition of Class A Common Stock
SEC Form 4 Filing
Director Dennis W. LaBarre reports acquiring 902 shares of Nacco Industries Class A Common Stock on July 1, 2024, increasing his total holdings to 38,970 shares.
Summary
- On July 1, 2024, Dennis W. LaBarre, a director of NACCO Industries Inc., acquired 902 shares of Class A Common Stock.
- The acquisition was made under the company's Non-Employee Directors' Equity Compensation Plan.
- Following the transaction, LaBarre's total beneficial ownership of Class A Common Stock increased to 38,970 shares.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission (SEC) on July 2, 2024.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to director compensation.
Positives
- The acquisition of shares by a director signals confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| January 17, 2020 | Date of Power of Attorney granted by Dennis W. LaBarre. |
| July 01, 2024 | Date of transaction: Dennis W. LaBarre acquired Class A Common Stock. |
| July 02, 2024 | Date of Form 4 filing with the SEC. |
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