Earnings Feed
Start Free
NACCO INDUSTRIES INC·4

Feb 18, 2:23 PM ET

BUTLER HELEN RANKIN 4

4 · NACCO INDUSTRIES INC · Filed Feb 18, 2026

Research Summary

AI-generated summary of this filing

Updated

NACCO (NC) Helen R. Butler Receives Award, Surrenders 8,777 Shares

What Happened Helen R. Butler (reported as a "Member of a Group") was credited with a grant/award of 39,630 shares of NACCO Industries Inc. (NC) on 2026-02-17. On the same date, 8,777 shares were surrendered to satisfy a tax liability (transaction code F), resulting in a net increase of 30,853 shares attributable to this transaction. Prices are listed as N/A on the Form 4 because these were compensatory award shares and shares surrendered for tax withholding rather than open-market trades.

Key Details

  • Transaction date: 2026-02-17; Form 4 filed 2026-02-18 (covering the 2/17 transactions).
  • Awarded shares: 39,630 (code A — grant/award/acquisition).
  • Shares surrendered for tax withholding: 8,777 (code F — payment of exercise price or tax liability).
  • Net shares acquired from these entries: 30,853.
  • Prices: N/A (compensatory award and withholding; not an open-market price).
  • Shares owned after transaction: not disclosed on the Form 4.
  • Relevant footnotes: F1 indicates shares were awarded to the Reporting Person's spouse under the Company’s Executive Long‑Term Incentive Compensation Plan; F4 explains shares surrendered were to satisfy tax withholding related to that award. The filer also includes various trust/IRA-related footnotes and disclaimers of beneficial ownership for certain holdings.

Context This was a compensatory stock award to the reporting person’s spouse, with a portion of the award surrendered to cover tax obligations — a routine administrative action rather than an open‑market sale. Such withholding (code F) is common with equity awards and does not necessarily indicate the insider’s view of the company’s prospects. The filing was submitted the next day (2/18) reporting the 2/17 transactions.

Insider Transaction Report

Form 4
Period: 2026-02-17
NACCO INDUSTRIES INCNC
BUTLER HELEN RANKIN
Other
Transactions
  • Award

    Class A Common Stock

    [F1][F2][F3]
    2026-02-17+39,630→ 398,558 total(indirect: By Trust)
  • Tax Payment

    Class A Common Stock

    [F4][F2][F3]
    2026-02-17−8,777→ 389,781 total(indirect: By Trust)
Holdings

  • Class A Common Stock

    [F5]
    (indirect: AMR Associates NC, L.P.)
    10

  • Class A Common Stock

    [F6]
    (indirect: By Trust)
    2,191

  • Class A Common Stock

    [F7]
    (indirect: By Children)
    9,052

  • Class A Common Stock

    [F8]
    (indirect: By Trust)
    4,083

  • Class A Common Stock

    [F7]
    (indirect: By Children)
    9,208

  • Class A Common Stock

    [F8]
    (indirect: By Trust)
    3,927

  • Class A Common Stock

    [F9]
    (indirect: By Trust)
    67,482

  • Class A Common Stock

    [F10]
    (indirect: By Spouse)
    2,800

  • Class A Common Stock

    [F11]
    (indirect: By Trust)
    4,054

  • Class A Common Stock

    [F12]
    (indirect: By Trust)
    4,055

  • Class B Common Stock

    [F2][F5]
    (indirect: AMR Associates NC, L.P.)
    → Class A Common Stock (1,022 underlying)
    1,022

  • Class B Common Stock

    [F2][F6]
    (indirect: By Trust)
    → Class A Common Stock (7,857 underlying)
    7,857

  • Class B Common Stock

    [F2][F13]
    (indirect: By RAI)
    → Class A Common Stock (26,161 underlying)
    26,161

  • Class B Common Stock

    [F2][F14]
    (indirect: by RAIV)
    → Class A Common Stock (42,529 underlying)
    42,529

  • Class B Common Stock

    [F2][F9]
    (indirect: By Trust)
    → Class A Common Stock (9,195 underlying)
    9,195
Footnotes (14)
  • [F1]Shares of Class A Common Stock awarded to the Reporting Person's spouse under the Company's Executive Long-Term Incentive Compensation Plan.
  • [F10]Held in an Individual Retirement Account for the benefit of the Reporting Person's spouse. Reporting Person disclaims beneficial ownership of all such shares.
  • [F11]Reporting Person serves as trustee of the JCB 2020 GST Trust for the benefit of Clara R. Butler.
  • [F12]Reporting Person serves as trustee of the JCB 2020 GST Trust for the benefit of Griffin B. Butler.
  • [F13]RAI-Represents Reporting Person's limited partnership interest in shares held by Rankin Associates I, L.P.
  • [F14]RAIV-Represents Reporting Person's limited partnership interest in shares held by Rankin Associates IV, L.P.
  • [F2]N/A
  • [F3]Reporting Person's spouse serves as Trustee of the J.C. Butler, Jr. Revocable Trust. Reporting Person disclaims beneficial ownership of all such shares.
  • [F4]Cashless Exercise-Award shares that Reporting Person's Spouse surrendered to Company in order to satisfy his tax withholding obligations with respect to his Long-Term Incentive Plan Stock Award.
  • [F5]Represents the Reporting Person's proportionate limited partnership interest in shares held by AMR NC. The Reporting Person is the trustee of a trust for the benefit of the Reporting Person that is a general partner of AMR NC.
  • [F6]Held by BTR 2020 GST Trust for the benefit of Reporting Person.
  • [F7]Represents the Reporting Person's child's proportionate limited partnership interests in shares held by Rankin Associates II, L.P . Reporting Person disclaims beneficial ownership of all such shares.
  • [F8]Held by Trust, John C. Butler, Jr., Trustee, for the benefit of Reporting Person's minor child. Reporting Person disclaims beneficial ownership of all such shares.
  • [F9]Held by Trust for the benefit of Reporting Person.
Signature
/s/ Matthew J. Dilluvio, attorney-in-fact|2026-02-18

Documents

2 files
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT

  • EX-24
    doc1.txt

    POWER OF ATTORNEY (PUBLIC): 2020 POA