RANKIN ELIZABETH B 4
Research Summary
AI-generated summary
NACCO (NC) Non-Employee Director Elizabeth Rankin Receives 563-Share Award
What Happened
- Elizabeth B. Rankin, reported as a member of a group and associated with NACCO Industries' director arrangements, was credited with an award of 563 shares on 2026-04-01 (transaction code A = award/grant). No per-share price or total dollar value is reported on the Form 4.
- The award appears to relate to the company's Non-Employee Directors' Equity Compensation Plan (described as "Required Shares" in the filing). This is an acquisition by award (not a market purchase or sale) and does not by itself indicate a buy/sell signal.
Key Details
- Transaction date: 2026-04-01; transaction type: Award/Grant (code A).
- Price/value: N/A — no per-share price or aggregate value provided.
- Shares after transaction: Not disclosed in the provided filing excerpt.
- Timeliness: Filing date is 2026-04-01 (same day), indicating a timely report.
- Notable footnotes: shares were awarded as "Required Shares" to the Reporting Person's spouse under the directors' equity plan (F1); multiple footnotes state shares are held in trusts or via limited partnership interests and that the Reporting Person disclaims beneficial ownership of such shares (F3–F8).
Context
- Director awards under an equity compensation plan (especially "required shares") are routine forms of director compensation and are not the same as an open-market purchase. Because the filing indicates the shares relate to the Reporting Person’s spouse/trust/partnership interests and the Reporting Person disclaims beneficial ownership, this report primarily documents compensation and ownership structure rather than a direct insider purchase or sale.
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