Rankin Group Amends Hamilton Beach Stake Filing

Ticker: HBB · Form: SC 13D/A · Filed: 2024-12-10T00:00:00.000Z

Sentiment: neutral

Topics: schedule-13d, ownership-filing, amendment

Related Tickers: HBB

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

Key Players & Entities

FAQ

What specific changes in beneficial ownership are reported in this amendment?

This excerpt does not detail the specific changes in beneficial ownership; it only indicates that an amendment (No. 10) has been filed.

Who are the group members listed in the filing?

The group members listed include ALISON A. RANKIN, CAROLINE T. RUSCHELL, CHLOE O. RANKIN, CLAIBORNE R. RANKIN, CORBIN K. RANKIN, DAVID F. TAPLIN, JENNIFER T. JEROME, MARTHA S. KELLY, ROGER F. RANKIN, SUSAN SICHEL, THOMAS T. RANKIN, and VICTOIRE G. RANKIN.

What is the CUSIP number for Hamilton Beach Brands Holding Co. Class B Common Stock?

The CUSIP number provided is 40701T203.

What is the primary business of Hamilton Beach Brands Holding Co.?

Hamilton Beach Brands Holding Co. is in the ELECTRIC HOUSEWARES & FANS industry, SIC code 3634.

What is the filing date of this Schedule 13D/A?

The filing date is December 10, 2024.

From the Filing

0001193125-24-274435.txt : 20241210 0001193125-24-274435.hdr.sgml : 20241210 20241210172519 ACCESSION NUMBER: 0001193125-24-274435 CONFORMED SUBMISSION TYPE: SC 13D/A PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20241210 DATE AS OF CHANGE: 20241210 GROUP MEMBERS: ALISON A. RANKIN GROUP MEMBERS: CAROLINE T. RUSCHELL GROUP MEMBERS: CHLOE O. RANKIN GROUP MEMBERS: CLAIBORNE R. RANKIN GROUP MEMBERS: CORBIN K. RANKIN GROUP MEMBERS: DAVID F. TAPLIN GROUP MEMBERS: JENNIFER T. JEROME GROUP MEMBERS: MARTHA S. KELLY GROUP MEMBERS: ROGER F. RANKIN GROUP MEMBERS: SUSAN SICHEL GROUP MEMBERS: THOMAS T. RANKIN GROUP MEMBERS: VICTOIRE G. RANKIN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Hamilton Beach Brands Holding Co CENTRAL INDEX KEY: 0001709164 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC HOUSEWARES & FANS [3634] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 311236686 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-90132 FILM NUMBER: 241539466 BUSINESS ADDRESS: STREET 1: 4421 WATERFRONT DRIVE CITY: GLEN ALLEN STATE: VA ZIP: 23060 BUSINESS PHONE: 804-273-9777 MAIL ADDRESS: STREET 1: 4421 WATERFRONT DRIVE CITY: GLEN ALLEN STATE: VA ZIP: 23060 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: RANKIN ALFRED M ET AL CENTRAL INDEX KEY: 0000904532 ORGANIZATION NAME: FILING VALUES: FORM TYPE: SC 13D/A MAIL ADDRESS: STREET 1: 5875 LANDERBROOK DR CITY: MAYFIELD HEIGHTS STATE: OH ZIP: 44124 SC 13D/A 1 d635792dsc13da.htm SC 13D/A SC 13D/A UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13D/A Under the Securities Exchange Act of 1934 (Amendment No. 10) Hamilton Beach Brands Holding Company (Name of Issuer) Class B Common Stock, par value $0.01 per share (Title of Class of Securities) 407 01T 203 (CUSIP Number) Alfred M. Rankin, Jr. 5875 Landerbrook Drive, Suite 300 Cleveland, Ohio 44124-4017 (440) 449-9600 (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) December 7, 2024 (Date of Event Which Requires Filing of This Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐ The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“ Act ”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). CUSIP No. 407 01T 203 Schedule 13D/A Page 2 of 23 Pages  1   NAME OF REPORTING PERSONS  I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)  Alfred M. Rankin, Jr.  2  CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*  (a) ☐  (b) ☒  3  SEC USE ONLY  4  SOURCE OF FUNDS*  OO – See Item 3  5  CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e)  ☐  6  CITIZENSHIP OR PLACE OF ORGANIZATION  USA NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH  7   SOLE VOTING POWER  78,855  8  SHARED VOTING POWER  2,753,267  9  SOLE DISPOSITIVE POWER  78,855 10  SHARED DISPOSITIVE POWER  2,753,267 11   AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON  2,832,122 12  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*  ☐ 13  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)  78.5% 14  TYPE OF REPORTING PERSON*  IN CUSIP No. 407 01T 203 Schedule 13D/A Page 3 of 23 Pages  1   NAME OF REPORTI

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