NACCO (NC) insider linked trust receives 955-share Class A equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NACCO Industries insider Victoire G. Rankin reported an indirect acquisition of 955 shares of Class A Common Stock on April 1, 2026. The shares were awarded to the reporting person’s spouse as “Required Shares” under NACCO’s Non-Employee Directors’ Equity Compensation Plan and carried a price of $0.00 per share.
Following this grant, indirect holdings reported for this account total 216,960 Class A shares. The Form 4 also lists multiple indirect Class A and Class B holdings in various family trusts, retirement accounts, and partnerships where the spouse serves as trustee or holds a limited partnership interest, and the reporting person frequently disclaims beneficial ownership of those shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
15 transactions reported
Mixed
15 txns
Insider
RANKIN VICTOIRE G
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 955 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 216,960 shares (Indirect, AMR - Main Trust - A);
Class B Common Stock — 2,000 shares (Indirect, AMR - RAI (B))
Footnotes (1)
- Spouse's shares of Class A Common Stock awarded to the Reporting Person's spouse as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. N/A Reporting Person's spouse serves as Trustee of a Trust for the benefit of Alfred M. Rankin, Jr. Reporting Person disclaims beneficial ownership of all such shares. Reporting Person's spouse serves as co-trustee for the benefit of spouse's family members. Reporting Person disclaims ownership of such shares. Held in an Individual Retirement Account for the benefit of the Reporting Person's spouse. Reporting Person disclaims beneficial ownership of all such shares. Represents the Reporting Person's spouse's proportionate interest in shares held by Rankin Management, Inc. ("RMI"). Reporting Person disclaims beneficial ownership of all such shares. Reporting Person's spouse serves as Trustee of Trusts for the benefit of the Estate of Alfred M. Rankin, Sr. Reporting Person disclaims beneficial ownership of all such shares. Reporting Person's spouse serves as Trustee of Trusts for the benefit of each of grantor's grandchildren. Reporting Person disclaims beneficial onwership of all such shares. Represents the Reporting Person's spouse's proportionate limited partnership interest in shares held by AMR NC. Reporting Person disclaims beneficial ownership of all such shares. Reporting Person's spouse serves as Trustee of Trusts for the benefit of Bruce T Rankin. Reporting Person disclaims beneficial ownership of all such shares. Reporting Person's spouse serves as Trustee of a Trust for the benefit of Victoire G. Rankin. Represents Reporting Person's spouse's proportionate limited partnership interest in shares held by Rankin Associates I, L.P. R eporting Person disclaims beneficial ownership of all such shares. Represents Reporting Person's spouse's proportionate limited partnership interest in shares held by Rankin Associates IV, L.P. Reporting Person disclaims beneficial ownership of all such shares. Reporting Person's spouse serves as trustee of BTR 2012 GST for the benefit of Helen Butler. Reporting Person's spouse serves as trustee of BTR 2012 GST for the benefit of Clara Williams.
Key Figures
Class A shares granted: 955 shares
Indirect Class A holdings: 216,960 shares
Class B underlying A (AMR - RAI (B)): 2,000 shares
+3 more
6 metrics
Class A shares granted
955 shares
Awarded at $0.00 per share as Required Shares to spouse
Indirect Class A holdings
216,960 shares
Total Class A shares following transaction for AMR - Main Trust - A
Class B underlying A (AMR - RAI (B))
2,000 shares
Underlying Class A shares for Class B at $0.00 exercise price
Class B underlying A (AMR Associates NC, L.P.)
201,928 shares
Underlying Class A shares for Class B at $0.00 exercise price
Class B underlying A (By Trust/Daughter 1)
9,431 shares
Underlying Class A shares for Class B at $0.00 exercise price
Class B underlying A (By Trust/Daughter 2)
9,431 shares
Underlying Class A shares for Class B at $0.00 exercise price
Key Terms
Non-Employee Directors' Equity Compensation Plan, Required Shares, Individual Retirement Account, limited partnership interest, +1 more
5 terms
Non-Employee Directors' Equity Compensation Plan financial
"awarded to the Reporting Person's spouse as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan"
Individual Retirement Account financial
"Held in an Individual Retirement Account for the benefit of the Reporting Person's spouse"
limited partnership interest financial
"Represents the Reporting Person's spouse's proportionate limited partnership interest in shares held by AMR NC"
GST financial
"trustee of BTR 2012 GST for the benefit of Helen Butler"
FAQ
What insider transaction did NC’s Victoire G. Rankin report on this Form 4?
Victoire G. Rankin reported an indirect acquisition of 955 NACCO Class A shares. These were awarded at $0.00 per share as “Required Shares” to the reporting person’s spouse under NACCO’s Non-Employee Directors’ Equity Compensation Plan, reflecting a compensation-related grant rather than an open-market trade.
What are Victoire G. Rankin’s indirect Class A holdings in NACCO after this transaction?
After the grant, the Form 4 shows 216,960 Class A shares for one indirect account. Additional lines list other indirect Class A positions across trusts, IRAs, and partnerships, but many are described in footnotes where beneficial ownership is disclaimed by the reporting person.
Does this NACCO Form 4 for NC show any open-market buys or sells?
No open-market purchases or sales are indicated in this Form 4. The only coded transaction is an acquisition by grant at $0.00 per share, while the remaining entries are labeled as holdings with no buy or sell code or stated transaction price.
What do the NACCO Form 4 footnotes reveal about beneficial ownership for NC?
Footnotes repeatedly state that the reporting person disclaims beneficial ownership of many indirect holdings. They clarify that shares are held in trusts, IRAs, corporations, and partnerships where the spouse is trustee or limited partner, detailing the spouse’s proportionate interests and trustee roles.