---
schema_version: "secwatch.filing_event.v1"
accession: "0000789933-24-000062"
form_type: "8-K"
ticker: "NC"
cik: "0000789933"
company_name: "NACCO INDUSTRIES INC"
filed_at: "2024-12-23T23:59:59+00:00"
generated_at: "2026-05-28T23:56:52.688266+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# NACCO Industries reduces consulting fees for Chairman Alfred M. Rankin Jr. to $100K/year

## Summary
- Consulting fees for Chairman Alfred M. Rankin Jr. reduced from $200,000 to $100,000 per year, effective Jan 1, 2025.
- Mr. Rankin continues as Chairman and advisor to CEO and senior leadership of NACCO and NACCO Natural Resources.
- Amendment signed December 19, 2024; previous fee had already been reduced from $250,000 to $200,000.

## SEC filing metadata
- accession: 0000789933-24-000062
- form_type: 8-K
- ticker: NC
- cik: 0000789933
- company_name: NACCO INDUSTRIES INC
- filed_at: 2024-12-23T23:59:59+00:00
- event_type: leadership
- 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/789933/000078993324000062/0000789933-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/789933/000078993324000062/nacco-20241219.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000789933-24-000062
- JSON: https://secwatch.observer/filing/0000789933-24-000062.json
- Plain text: https://secwatch.observer/filing/0000789933-24-000062.txt

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