# EDGAR Filing Document

**Accession Number:** 0000901733
**File Stem:** 0001127602-25-018488
**Filing Date:** 2025-7
**Character Count:** 15276
**Document Hash:** a32af72961b53c5cc232ddfb2ea66f65
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001127602-25-018488.hdr.sgml**: 20250702

**ACCESSION NUMBER**: 0001127602-25-018488

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250701

**FILED AS OF DATE**: 20250702

**DATE AS OF CHANGE**: 20250702

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** RANKIN ROGER F
- **CENTRAL INDEX KEY:** 0000901733

**ORGANIZATION NAME:**

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-09172
- **FILM NUMBER:** 251099268

**MAIL ADDRESS:**
- **STREET 1:** C/O NACCO INDUSTRIES INC
- **STREET 2:** 5875 LANDERBROOK DRIVE
- **CITY:** MAYFIELD HEIGHTS
- **STATE:** OH
- **ZIP:** 44124
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NACCO INDUSTRIES INC
- **CENTRAL INDEX KEY:** 0000789933
- **STANDARD INDUSTRIAL CLASSIFICATION:** BITUMINOUS COAL & LIGNITE SURFACE MINING [1221]
- **ORGANIZATION NAME:** 01 Energy & Transportation
- **EIN:** 341505819
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 22901 MILLCREEK BLVD
- **STREET 2:** SUITE 600
- **CITY:** CLEVELAND
- **STATE:** OH
- **ZIP:** 44122
- **BUSINESS PHONE:** 2163081151

**MAIL ADDRESS:**
- **STREET 1:** 22901 MILLCREEK BLVD
- **STREET 2:** SUITE 600
- **CITY:** CLEVELAND
- **STATE:** OH
- **ZIP:** 44122

## Ex-24

```

POWER OF ATTORNEY

        KNOW ALL MEN BY THESE PRESENTS, that the undersigned hereby constitutes
and appoints John D. Neumann, Matthew J. Dilluvio, Kimberly J. Pustulka, Andrew
C. Thomas and Eric Orsic, and each of them, as the true and lawful attorney or
attorneys-in-fact, with full power of substitution and revocation, for the
undersigned and in the name, place and stead of the undersigned, in any and all
capacities, to execute, on behalf of the undersigned, any and all statements or
reports under Section 16 of the Securities Exchange Act of 1934, as amended,
with respect to the beneficial ownership of shares of Class A Common Stock, par
value $1.00 per share, of NACCO Industries, Inc. (the ?Company?) and Class B
Common Stock, par value $1.00 per share, of the Company, including, without
limitation, all initial statements of beneficial ownership on Form 3, all
statements of changes of beneficial ownership on Form 4 and all annual
statements of beneficial ownership on Form 5 and any and all other documents
that may be required, from time to time, to be filed with the Securities and
Exchange Commission, to execute any and all amendments or supplements to any
such statements or forms, and to file the same, with all exhibits thereto, and
other documents in connection therewith, with the Securities and  Exchange
Commission, granting to said attorney or attorneys-in-fact, and each of them,
full power and authority to do so and perform each and every act and thing
requisite and necessary to be done in and about the premises, as fully to all
intents and purposes as the undersigned might or could do in person, hereby
ratifying and confirming all that said attorney or attorneys-in-fact or any of
them or their substitute or substitutes, may lawfully do or cause to be done
by virtue hereof.

Roger F. Rankin

The Trust created under the Agreement, dated September 11, 1973, as
supplemented, amended and restated, between Roger F. Rankin, as trustee, and
Roger F. Rankin, creating a trust for the benefit of Roger F. Rankin;

BTR 2012 GST for Anne F. Rankin;

BTR 2012 GST for Elisabeth M. Rankin; and

Elisabeth Marshall Rankin Trust u/a/d December 30, 2015 as amended

	By:  Roger F. Rankin, as Trustee

Name:	/s/ Roger F. Rankin
	Roger F. Rankin

Date:	 February 11, 2020
Address: 5875 Landerbrook Drive, Suite 220
         Cleveland, Ohio 44124

```

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

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

[ ] 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**<sup>*</sup><br>RANKIN ROGER F<br><sub>(Last) (First) (Middle)</sub><br>NACCO INDUSTRIES, INC.<br>5875 LANDERBROOK DRIVE., STE. 220<br><sub>(Street)</sub><br>MAYFIELD HEIGHTS, OH 44124<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2025-07-01 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [X] Other (specify below)<br>_Member of a group_ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>NACCO INDUSTRIES INC [ NC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Class A Common Stock | 2025-07-01 |  | A<sup>(1)</sup> |  | 770 | A | <sup>(2)</sup> | 7104 | I | By Trust<sup>(3)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 30904 | I | By Assoc II/Spouse<sup>(4)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 6613 | I | By Spouse/Trust<sup>(5)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 5320 | I | AMR - Trust2 (SR)<sup>(6)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 9600 | I | AMR - Trust3 (Grandchildren)<sup>(7)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 2191 | I | By Trust/Daughter 1<sup>(8)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 2191 | I | By Trust/Daughter 2<sup>(9)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 2046 | I | By Trust (Daughter 2)<sup>(10)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 620 | I | By Trust/Daughter 2<sup>(11)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 16738 | I | By Assoc II/Daughter 2<sup>(12)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 4944 | I | By Assoc II/Daughter 2<sup>(13)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 745 | I | By Assoc II/Daughter 2<sup>(14)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 4553 | I | By Trust (Daughter 1)<sup>(15)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 14931 | I | By Assoc II/Daughter 1<sup>(12)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 3056 | I | By Assoc II/Daughter 1<sup>(13)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 2552 | I | By Assoc II/Daughter 1<sup>(16)</sup> |
| Class A Common Stock |  |  |  |  |  |  |  | 1975 | I | By RMI (Delaware)<sup>(17)</sup> |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Class B Common Stock | <sup>(2)</sup> |  |  |  |  |  |  | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 75504 |  | 75504 | I | By Assoc I/Spouse<sup>(18)</sup> |
| Class B Common Stock | <sup>(2)</sup> |  |  |  |  |  |  | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 85056 |  | 85056 | I | By Assoc IV/Spouse<sup>(19)</sup> |
| Class B Common Stock | <sup>(2)</sup> |  |  |  |  |  |  | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 9431 |  | 9431 | I | By Trust/Daughter 1<sup>(20)</sup> |
| Class B Common Stock | <sup>(2)</sup> |  |  |  |  |  |  | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 9431 |  | 9431 | I | By Trust/Daughter 2<sup>(21)</sup> |
| Class B Common Stock | <sup>(2)</sup> |  |  |  |  |  |  | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 7858 |  | 7858 | I | By Trust/Daughter 1<sup>(8)</sup> |
| Class B Common Stock | <sup>(2)</sup> |  |  |  |  |  |  | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 7858 |  | 7858 | I | By Trust/Daughter 2<sup>(9)</sup> |
| Class B Common Stock | 0<sup>(2)</sup> |  |  |  |  |  |  | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 25 |  | 25 | I | By GP<sup>(22)</sup> |
| Class B Common Stock | 0<sup>(2)</sup> |  |  |  |  |  |  | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 4808 |  | 4808 | I | By Assoc I<sup>(23)</sup> |
| Class B Common Stock | 0<sup>(2)</sup> |  |  |  |  |  |  | <sup>(2)</sup> | <sup>(2)</sup> | Class A Common Stock | 204919 |  | 204919 | I | By Trust<sup>(3)</sup> |

---

### Footnotes:

(1) Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan.

(2) N/A

(3) Reporting Person serves as Trustee of a Trust for the benefit of Roger F. Rankin.

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

(5) Reporting Person's spouse serves as Trustee of a Trust for the benefit of Alison Rankin.  Reporting Person disclaims beneficial ownership of all such shares.

(6) Reporting Person serves as Trustee of Trusts for the benefit of the Estate of Alfred M. Rankin. Reporting Person disclaims beneficial ownership of all such shares.

(7) Reporting Person serves as Trustee of Trusts for the benefit of each of grantor's grandchildren. Reporting Person disclaims beneficial ownership of all such shares.

(8) Reporting Person serves as trustee for BTR 2020 GST Trust f/b/o Anne F. Rankin.

(9) Reporting Person serves as trustee for BTR 2020 GST Trust f/b/o Elisabeth M. Rankin.

(10) Held by Trust dated December 18, 1997. Reporting Person's Spouse is Co-Trustee for the benefit of Reporting Person's daughter.  Reporting Person disclaims beneficial ownership of all such shares.

(11) Held by Trust dated December 30, 2015. Reporting Person serves as Trustee for the benefit of Reporting Person's daughter.  Reporting Person disclaims beneficial ownership of all such shares.

(12) Represents the Reporting Person's daughter's proportionate limited partnership interest in shares held by Rankin Associates II, L.P. which is held in a trust dated December 18, 1997 for the benefit of the daughter.  Reporting Person's spouse is the co-trustee of the Trust.  Reporting Person disclaims beneficial ownership of all such shares.

(13) Represents the Reporting Person's daughter's proportionate limited partnership interest in shares held by Rankin Associates II, L.P. which is held in a trust dated September 11, 2000 (Posterity Trust) for the benefit of the daughter.  Reporting Person's spouse is the trustee of the Trust.  Reporting Person disclaims beneficial ownership of all such shares.

(14) Represents the Reporting Person's daughter's proportionate limited partnership interest in shares held by Rankin Associates II, L.P. which is held in a trust dated December 30, 2015 for the benefit of the daughter. Reporting Person is the trustee of the Trust. Reporting Person disclaims beneficial ownership of all such shares.

(15) Held by Trust dated August 15, 2012. Reporting Person's Spouse is Co-Trustee for the benefit of Reporting Person's daughter.  Reporting Person disclaims beneficial ownership of all such shares.

(16) Represents the Reporting Person's daughter's proportionate limited partnership interest in shares held by Rankin Associates II, L.P. which is held in a trust dated August 15, 2012 for the benefit of the daughter.  Reporting Person's spouse is the trustee of the Trust.  Reporting Person disclaims beneficial ownership of all such shares.

(17) Represents the Reporting Person's proportionate interest in shares held by Rankin Management, Inc. ("RMI).

(18) 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.

(19) 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.

(20) Reporting person serves as trustee of BTR 2012 GST Trust for the benefit of Anne F. Rankin.

(21) Reporting person serves as trustee of BTR 2012 GST Trust for the benefit of Elisabeth M. Rankin.

(22) GP. Represents Reporting Person's proportionate limited partnership interest in shares of Rankin Associates IV, L.P. held by the Trust for the benefit of Reporting Person, as general partner.

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

**Signature:** /s/ Matthew J. Dilluvio, attorney-in-fact  
**Date:** 2025-07-02

### Remarks:

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.**