Dewing Carroll L 4
4 · NACCO INDUSTRIES INC · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
NACCO (NC) Subsidiary Officer Carroll L. Dewing Receives 6,303-Share Award
What Happened
Carroll L. Dewing, a subsidiary officer of NACCO Industries (NC), received an award of 6,303 shares of Class A common stock under the company's Executive Long-Term Incentive Compensation Plan on 2026-02-17. To cover tax withholding related to the award, 388 of those shares were surrendered back to the company (a cashless withholding), leaving a net of 5,915 shares issued to Dewing. No per-share price or aggregate dollar value was disclosed in the filing.
Key Details
- Transaction date: 2026-02-17; Form 4 filed 2026-02-18 (timely filing).
- Reported transactions: Code A — Award/Grant of 6,303 shares; Code F — 388 shares surrendered for tax withholding.
- Net shares received: 6,303 awarded − 388 withheld = 5,915 net shares.
- Price: N/A (award; no purchase price disclosed).
- Footnotes: F1 — award under LTIP; F3 — shares surrendered in a cashless exercise to satisfy tax withholding.
- Shares owned after transaction: Not specified in the filing.
Context
This was a compensation award (not an open-market purchase or sale). The surrender of shares to cover taxes is a common administrative step and does not by itself indicate a change in the insider’s market view. Because no cash purchase or sale occurred and no price/value was disclosed, there's no direct trading value to interpret from this filing.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2]2026-02-17+6,303→ 50,285 total - Tax Payment
Class A Common Stock
[F3][F2]2026-02-17−388→ 49,897 total
Footnotes (3)
- [F1]Shares of Class A Common Stock awarded to the Reporting Person under the Company's Executive Long-Term Incentive Compensation Plan.
- [F2]N/A
- [F3]Cashless Exercise-Award shares that Reporting Person surrendered to Company in order to satisfy his/her tax withholding obligations with respect to his/her Long-Term Incentive Plan Stock Award.