Maxwell Thomas A 4

What Happened
Thomas A. Maxwell, SVP Finance and Treasurer of NACCO Industries, sold 1,785 shares of NC stock in an open-market disposition on March 9, 2026. The shares were sold at $48.55 per share for a total transaction value of $86,662. This was a sale (not a purchase or option exercise), which insider sales can be routine and do not by themselves indicate company prospects.

Key Details

• Transaction date: 2026-03-09
• Price per share: $48.55; Shares sold: 1,785; Total value: $86,662
• Transaction type: Sale (Form 4 code S); listed as open-market or private sale on the filing
• Shares owned after transaction: Not specified in the supplied summary of the filing
• Filing timeliness: Filing date matches the report date (2026-03-09); no late filing indicated
• No footnotes (e.g., 10b5-1 plan, tax withholding) were provided in the transaction summary

Context
Insider sales like this are common for liquidity, diversification, or personal financial reasons and are not definitive signals about company fundamentals. Purchases are generally more informative about insider confidence; this record shows only a sale by a senior finance officer.