Form 4: Nacco Industries Director Roger F. Rankin Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Roger F. Rankin, a director at NACCO Industries, filed a Form 4 detailing changes in his beneficial ownership of Class A Common Stock as of April 1, 2024.
Summary
- Roger F. Rankin, a director of NACCO Industries, reported changes in his beneficial ownership of the company's Class A Common Stock.
- The report, filed on April 3, 2024, details transactions and holdings as of April 1, 2024.
- Rankin's reported holdings include direct and indirect ownership through various trusts and associations.
- The filing also includes a power of attorney, originally executed on February 11, 2020, authorizing individuals to act on Rankin's behalf for Section 16 filings.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors regarding changes in ownership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the ownership structure of the company.
- It assures stakeholders that insider transactions are being monitored and disclosed in accordance with regulations.
Key Dates
| Date | Description |
|---|---|
| 1973-09-11 | Date of original trust agreement for Roger F. Rankin. |
| 1997-12-18 | Date of trust for the benefit of the daughter. |
| 2000-09-11 | Date of Posterity Trust for the benefit of the daughter. |
| 2012-08-15 | Date of trust for the benefit of the daughter. |
| 2015-12-30 | Date of trust for the benefit of the daughter. |
| 2020-02-11 | Date of Power of Attorney execution. |
| 2024-04-01 | Date of earliest transaction reported. |
| 2024-04-03 | Date of Form 4 filing. |
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