RANKIN ALFRED M ET AL 4
Research Summary
AI-generated summary
NACCO (NC) Chairman Alfred M. Rankin Receives 955-Share Award
What Happened
Alfred M. Rankin, Chairman and Director of NACCO Industries, was awarded 955 shares of Class A Common Stock on April 1, 2026. The award is listed as an "A" (award/grant) transaction; no purchase price or cash value is reported (price = N/A). The filing shows these were issued as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan (footnote F1).
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-02 (timely filing).
- Transaction type: A = Award/Grant of 955 shares; price reported as N/A (compensation grant rather than a purchase).
- Shares owned after transaction: Not specified in the transaction details of this summary filing.
- Notable footnotes: F1 = awarded as "Required Shares" under the Non-Employee Directors' Equity Compensation Plan. Other footnotes (F3–F13, as applicable) indicate many holdings are held via trusts, partnerships or IRAs and that Rankin serves as trustee for several trusts; some holdings are disclaimed as not beneficially owned (see filing for full specifics).
- Filing status: No late filing indicated in the report.
Context
This is a routine equity compensation award to a non-employee director, commonly used to satisfy director compensation obligations. Such awards are part of governance/compensation practices and do not, by themselves, indicate a buy or sell signal. For details on ownership implications (trust/partnership holdings and any disclaimers of beneficial ownership), consult the full Form 4 filing.
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