secwatch.observer — SEC 8-K summary
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Issuer:     NACCO INDUSTRIES INC (NC)
CIK:        0000789933
Form:       8-K
Filed at:   2023-12-19T23:59:59+00:00
Accession:  0000789933-23-000059
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/789933/000078993323000059/0000789933-23-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/789933/000078993323000059/nacco-20231215.htm
  HTML page:      https://secwatch.observer/filing/0000789933-23-000059

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