RANKIN CLAIBORNE R JR 4
Research Summary
AI-generated summary
Hamilton Beach (HBB) Rankin Claiborne R. Jr. Gifts Shares
What Happened
- Rankin Claiborne R. Jr., reported as a member of a group, disclosed multiple gift (G) transactions in Hamilton Beach Brands Holding Co. (HBB) on May 29, 2026. The filing shows gifts of 2,515; 1,171 (disposed); 1,976; and 1,975 shares — a total of 7,637 shares transferred and a net increase of 5,295 shares. Prices and dollar values are listed as N/A in the filing.
Key Details
- Transaction date: May 29, 2026. All entries coded as Gift (G); transaction prices reported as N/A.
- Shares moved: 2,515 (acquired via gift), 1,171 (disposed via gift), 1,976 (acquired via gift), 1,975 (acquired via gift). Total transferred = 7,637; net change = +5,295 shares.
- Shares owned after transaction: not stated in the provided filing excerpt; footnote F2 states the reporting person disclaims beneficial ownership of all such shares.
- Footnotes: F1 = N/A; F2 = Reporting person disclaims beneficial ownership.
- Filing timeliness: Report covers transactions on 2026-05-29 and was filed 2026-06-02 — filed within the standard two-business-day window (timely).
Context
- Gifts do not necessarily reflect the giver’s view of the company’s prospects and are often for estate planning or family transfers. The filing treats these as derivative/related transactions and includes a disclaimer of beneficial ownership, which means the reporting person says they do not beneficially own the shares reported.