SEC FORM 5

SEC FORM 5 SEC Form 5

FORM 5

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Form 3 Holdings Reported.

Form 4 Transactions Reported.

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

RANKIN CHLOE O

(Last)

(First)

(Middle)

NACCO INDUSTRIES, INC.

5875 LANDERBROOK DRIVE, STE. 220

(Street)

MAYFIELD HEIGHTS

44124

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
NACCO INDUSTRIES INC [ NC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Member of a Group

3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	04/14/2025		W⁽¹⁾	2,661	D	$0	2,661	I	AMR - Trust2 (SR)⁽¹⁾
Class A Common Stock							1,978	I	By Assoc II⁽²⁾
Class A Common Stock							2,360	I	By Trust⁽³⁾
Class A Common Stock							2,192	I	By Trust/Daughter 1⁽⁴⁾
Class A Common Stock							2,192	I	By Trust/Son⁽⁵⁾
Class A Common Stock							2,192	I	By Trust/Daughter 2⁽⁶⁾
Class A Common Stock							28,497	I	By Assoc II/Spouse⁽⁷⁾
Class A Common Stock							1,975	I	By Spouse/RMI (Delaware)⁽⁷⁾
Class A Common Stock							25,768	I	By Spouse/Trust⁽⁸⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽⁹⁾						⁽⁹⁾	⁽⁹⁾	Class A Common Stock	50,000		50,000	I	By Assoc I⁽¹⁰⁾
Class B Common Stock	⁽⁹⁾						⁽⁹⁾	⁽⁹⁾	Class A Common Stock	84,474		84,474	I	By Assoc IV⁽¹¹⁾
Class B Common Stock	⁽⁹⁾						⁽⁹⁾	⁽⁹⁾	Class A Common Stock	9,430		9,430	I	By Trust/Daughter 1⁽¹²⁾
Class B Common Stock	⁽⁹⁾						⁽⁹⁾	⁽⁹⁾	Class A Common Stock	9,430		9,430	I	By Trust/Son⁽¹³⁾
Class B Common Stock	⁽⁹⁾						⁽⁹⁾	⁽⁹⁾	Class A Common Stock	9,430		9,430	I	By Trust/Daughter 2⁽¹⁴⁾
Class B Common Stock	⁽⁹⁾						⁽⁹⁾	⁽⁹⁾	Class A Common Stock	7,856		7,856	I	By Trust/Daughter 1⁽⁴⁾
Class B Common Stock	⁽⁹⁾						⁽⁹⁾	⁽⁹⁾	Class A Common Stock	7,856		7,856	I	By Trust/Son⁽⁵⁾
Class B Common Stock	⁽⁹⁾						⁽⁹⁾	⁽⁹⁾	Class A Common Stock	7,856		7,856	I	By Trust/Daughter 2⁽⁶⁾
Class B Common Stock	$0⁽⁹⁾						⁽⁹⁾	⁽⁹⁾	Class A Common Stock	25		25	I	By Spouse (GP)⁽¹⁵⁾
Class B Common Stock	$0⁽⁹⁾						⁽⁹⁾	⁽⁹⁾	Class A Common Stock	20,312		20,312	I	By Assoc I/Spouse⁽¹⁶⁾
Class B Common Stock	$0⁽⁹⁾						⁽⁹⁾	⁽⁹⁾	Class A Common Stock	582		582	I	By Assoc IV/Spouse⁽¹⁷⁾
Class B Common Stock	$0⁽⁹⁾						⁽⁹⁾	⁽⁹⁾	Class A Common Stock	97,312		97,312	I	By Spouse/Trust⁽⁸⁾

Explanation of Responses:

1. 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.

2. Represents the Reporting Person's proportionate limited partnership interests in shares held by Rankin Associates II, L.P.

3. Reporting Person serves as Trustee of a Trust for the benefit of Chloe O. Rankin.

4. Reporting Person's spouse serves as trustee for BTR 2020 GST Trust f/b/o Chloe R. Seelbach. Reporting Person disclaims beneficial ownership of all such shares.

5. Reporting Person's spouse serves as trustee for BTR 2020 GST Trust f/b/o Claiborne R. Rankin, Jr. Reporting Person disclaims beneficial ownership of all such shares.

6. Reporting Person's spouse serves as trustee for BTR 2020 GST Trust f/b/o Julia R. Kuipers. Reporting Person disclaims beneficial ownership of all such shares.

7. 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.

8. Reporting Person's spouse serves as Trustee of a Trust for the benefit of Claiborne R. Rankin. Reporting Person disclaims beneficial ownership of all such shares.

9. N/A

10. Represents the Reporting Person's proportionate limited partnership interest in shares held by Rankin Associates I, L.P.

11. Represents the Reporting Person's proportionate limited partnership interest in shares held by Rankin Associates IV, L.P.

12. Reporting person's spouse serves as trustee of BTR 2012 GST Trust for the benefit of Chloe Seelbach.

13. Reporting person's spouse serves as trustee of BTR 2012 GST Trust for the benefit of Claiborne Rankin Jr.

14. Reporting person's spouse serves as trustee of BTR 2012 GST Trust for the benefit of Julia Kuipers.

15. GP. Represents the Reporting Person's spouse's proportionate limited partnership interest in shares of Rankin Associates IV, L.P. held by the Trust for the benefit of Reporting Person's spouse, as general partner. Reporting Person disclaims beneficial ownership of all such shares.

16. Represents the Reporting Person's spouse's proportionate limited partnership interest in shares held by Rankin Associates I, L.P. Reporting Person disclaims beneficial ownership of all such shares.

17. Represents the 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.

	/s/ Matthew J. Dilluvio, attorney-in-fact	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Rankin Chloe O transferred by will 2,661 shares) (SEC Form 5)