---
schema_version: "secwatch.filing_event.v1"
accession: "0000789933-23-000059"
form_type: "8-K"
ticker: "NC"
cik: "0000789933"
company_name: "NACCO INDUSTRIES INC"
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T10:56:54.341329+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# NACCO reduces Chairman consulting fee from $250K to $200K per year effective 2024

## Summary
- Amendment lowers Alfred M. Rankin Jr.'s annual consulting fee from $250,000 to $200,000.
- Effective January 1, 2024; monthly fee becomes $16,666.67.
- Rankin continues as Chairman of the Board and will advise CEO and senior leadership.
- Consulting agreement originally from October 2017, previously reduced from $500K to $250K.

## SEC filing metadata
- accession: 0000789933-23-000059
- form_type: 8-K
- ticker: NC
- cik: 0000789933
- company_name: NACCO INDUSTRIES INC
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/789933/000078993323000059/0000789933-23-000059-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789933/000078993323000059/nacco-20231215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789933-23-000059
- JSON: https://secwatch.observer/filing/0000789933-23-000059.json
- Plain text: https://secwatch.observer/filing/0000789933-23-000059.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.