Rankin Group Amends Hamilton Beach Stake Filing

TL;DR

Rankin group updated their Hamilton Beach filing - watch for ownership changes.

AI Summary

Alfred M. Rankin, Jr. and related parties filed an amendment (No. 10) to their Schedule 13D on December 10, 2024, regarding Hamilton Beach Brands Holding Co. The filing indicates a change in beneficial ownership of Class B Common Stock, though specific new holdings or transactions are not detailed in this excerpt. The Rankin group has been a significant stakeholder in the company.

Why It Matters

This amendment signals potential shifts in control or strategy by a major shareholder group, which could influence the company's future direction.

Risk Assessment

Risk Level: medium — Amendments to Schedule 13D often precede significant corporate actions or changes in control, introducing uncertainty.

Key Numbers

• 10 — Amendment Number (Indicates this is the tenth update to the original filing.)
• 20241210 — Filing Date (The date the amendment was submitted to the SEC.)

Key Players & Entities

• Alfred M. Rankin, Jr. (person) — Filing party and authorized contact
• Hamilton Beach Brands Holding Co (company) — Subject company
• Class B Common Stock (security) — Securities subject to the filing
• 4421 Waterfront Drive, Glen Allen, VA 23060 (address) — Hamilton Beach Brands Holding Co. business address
• 5875 Landerbrook Dr, Mayfield Heights, OH 44124 (address) — Alfred M. Rankin, Jr. mailing address

FAQ

Key Financial Figures

• $0.01 — suer) Class B Common Stock, par value $0.01 per share (Title of Class of Securiti

Filing Documents

• d635792dsc13da.htm (SC 13D/A) — 283KB
• d635792dex9929.htm (EX-99.29) — 52KB
• 0001193125-24-274435.txt ( ) — 337KB

to Schedule 13D/A

Part II to Schedule 13D/A This Amendment No. 10 to Schedule 13D (this Amendment No. 10 ) is hereby filed to update and supplement certain information with respect to beneficial ownership of shares of Class B Common Stock, par value $0.01 per share ( Class B Common ), of Hamilton Beach Brands Holding Company (the Company ) held by certain signatories to the Stockholders Agreement, dated as of September 29, 2017, as amended February 24, 2020, as further amended December 21, 2020 and as further amended February 11, 2022, among the stockholders party thereto and the Issuer, that appeared in the Schedule 13D filed by the Reporting Persons on October 6, 2017 (the Initial Filing ), as amended on February 14, 2018 ( Amendment No. 1 ) , as amended on February 14, 2019 ( Amendment No. 2 ), as amended on February 13, 2020 ( Amendment No. 3 ), as amended on February 12, 2021 ( Amendment No. 4 ), as amended on February 11, 2022 ( Amendment No. 5 ), as amended on June 6, 2022 ( Amendment No. 6 ), as amended on February 10, 2023 ( Amendment No. 7 ), as amended on August 14, 2023 ( Amendment No. 8 ) and as amended on March 13, 2024 ( Amendment No. 9 , and, collectively, the Filings ). This Amendment No. 10 reflects the beneficial ownership of shares of Class B Common by the Reporting Persons. Capitalized terms used herein but not defined herein have the meanings assigned to them in the Filings. Item5. Interest in Securities of the Issuer. (a) (b) Although each Reporting Person disclaims beneficial ownership of any shares of Class B Common beneficially owned by each other Reporting Person, pursuant to the Act and regulations thereunder the Reporting Persons may be deemed as a group to have acquired beneficial ownership of 3,362,311 shares of Class B Common, the aggregate number of shares of Class B Common which are subject to the terms of the Stockholders Agreement, representing 93.3% of the outstanding Class B Common as of December 9, 2024. The statements under the heading

SIGNATURES

SIGNATURES After reasonable inquiry and to the best of our knowledge and belief, we certify that the information set forth in this statement is true, complete and correct. Date: December 10, 2024 By: /s/ Alfred M. Rankin, Jr. Alfred M. Rankin, Jr., on behalf of himself, and as: Attorney-in-Fact for Clara L. T. Rankin* Attorney-in-Fact for Victoire G. Rankin* Attorney-in-Fact for Helen R. Butler* Attorney-in-Fact for Clara T. Rankin Williams* Attorney-in-Fact for Thomas T. Rankin* Attorney-in-Fact for Matthew M. Rankin* Attorney-in-Fact for James T. Rankin* Attorney-in-Fact for Claiborne R. Rankin* Attorney-in-Fact for Chloe O. Rankin* Attorney-in-Fact for Chloe R. Seelbach* Attorney-in-Fact for Claiborne R. Rankin, Jr.* Attorney-in-Fact for Roger F. Rankin* Attorney-in-Fact for Bruce T. Rankin* Attorney-in-Fact for Martha S. Kelly* Attorney-in-Fact for Susan Sichel* Attorney-in-Fact for Jennifer T. Jerome* Attorney-in-Fact for Caroline T. Ruschell* Attorney-in-Fact for David F. Taplin* Attorney-in-Fact for Beatrice B. Taplin* Attorney-in-Fact for Theodore D. Taplin* Attorney-in-Fact for Britton T. Taplin* Attorney-in-Fact for Frank F. Taplin* Attorney-in-Fact for Rankin Management, Inc.* Attorney-in-Fact for Rankin Associates I, L.P.* Attorney-in-Fact for The Trust created under the Agreement, dated December 28, 1976, between National City Bank, as trustee, and Clara L.T. Rankin, for the benefit of grandchildren* Attorney-in-Fact for The Trust created under the Agreement, dated July 20, 2000, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Clara T. Rankin, for the benefit of Clara T. Rankin* Attorney-in-Fact for The Trust created under the Agreement, dated September 28, 2000, as supplemented, amended and restated, between Alfred M. Rankin, Jr., as trustee, and Alfred M. Rankin, Jr., for the benefit of Alfred M. Rankin, Jr.* Attorney-in-Fact for The Trust created u

View Full Filing

View this SC 13D/A filing on SEC EDGAR