RANKIN MATTHEW M 4

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.