RANKIN MATTHEW M 4
4 · NACCO INDUSTRIES INC · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
NACCO (NC) Director Matthew Rankin Receives 569-Share Award
What Happened
Matthew M. Rankin, a director of NACCO Industries, was awarded 569 shares of Class A common stock on July 1, 2026. The grant is reported as an award/acquisition (code A); no per-share price or total dollar value is provided (N/A), consistent with an equity award rather than an open-market trade.
Key Details
- Transaction date: 2026-07-01; Form 4 filed 2026-07-02 (timely filing).
- Shares awarded: 569 shares; price reported as N/A (award/compensation).
- Shares owned after transaction: not specified in the filing.
- Footnotes of note:
- F1: These 569 shares were awarded as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan.
- F3/F10: Shares are held through a trust for the benefit of the reporting person; the reporting person serves as trustee of the BTR 2012 GST Trust for his benefit.
- F5: The reporting person is listed as a member of a group per a stockholders’ agreement; the filing disclaims beneficial ownership of shares owned by other signatories to that agreement.
Context
This is a standard director equity award (compensation) rather than a purchase or sale. Such awards are common for non-employee directors and are typically part of routine compensation, so they do not necessarily signal a change in the director’s view of the company’s near-term prospects.
Insider Transaction Report
- Award
Class A Common Stock
[F1][F2][F3]2026-07-01+569→ 37,875 total(indirect: By Trust)
- 722(indirect: By Spouse)
Class A Common Stock
[F4] - 2,058(indirect: By Spouse)
Class A Common Stock
[F5][F6] - 645(indirect: By Trust)
Class A Common Stock
[F7] - 4,384(indirect: By Trust)
Class A Common Stock
[F8] - 500
Class A Common Stock
[F5] - 7,637(indirect: By RAII)
Class A Common Stock
[F5][F9] - 563(indirect: By Trust)
Class A Common Stock
[F7] - 4,236(indirect: By Trust)
Class A Common Stock
[F8] - 9,430(indirect: By Trust)
Class B Common Stock
[F2][F10]→ Class A Common Stock (9,430 underlying)
Footnotes (10)
- [F1]Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan.
- [F10]Reporting person serves as trustee of BTR 2012 GST Trust for the benefit of Matthew Rankin.
- [F2]N/A
- [F3]Held through a trust for the benefit of Reporting Person.
- [F4]Held by Spouse. Reporting Person disclaims beneficial ownership of all such shares.
- [F5]As a member of a "group" deemed to own more than 10% of an equity security as a result of being a party to a Stockholders' Agreement, dated as of March 15, 1990, beneficially owned by each of the signatories to such agreement (the "Agreement"), the Reporting Person disclaims beneficial ownership of any such shares of Stock owned by any other signatory to the Agreement.
- [F6]Represents the Reporting Person's spouse's proportionate limited partnership interests in shares held by Rankin Associates II, L. P. Reporting Person disclaims beneficial ownership of all such shares.
- [F7]Held by Trust for Reporting Person's minor child. Reporting Person and Reporting Person's brother, James T. Rankin are co-trustees of the trust. Reporting Person disclaims beneficial ownership of all such shares.
- [F8]Shares represent the Reporting Person's minor child's proportionate limited interests in shares held by Rankin Associates II, L.P. Shares held by Reporting Person as co-trustee with PNC Bank. Reporting Person disclaims beneficial ownership of all such shares.
- [F9]Represents the Reporting Person's proportionate limited partnership interests in shares held by Rankin Associates II, L.P .