secwatch.observer — SEC 8-K summary
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Issuer:     NACCO INDUSTRIES INC (NC)
CIK:        0000789933
Form:       8-K
Filed at:   2025-04-28T23:59:59+00:00
Accession:  0000789933-25-000017
Event type: other
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

NACCO Industries subsidiary terminates frozen pension plan; executive's $469K benefit to be distributed
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- Coteau Properties Pension Plan terminates June 30, 2025; assets distributed to participants.
- Carroll L. Dewing, SVP & COO, is a participant; his frozen benefit has actuarial value of $469,300.
- Benefit frozen since Dec 31, 2004; no new benefits arise from termination.
- Mr. Dewing 100% vested; may elect lump-sum distribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/789933/000078993325000017/0000789933-25-000017-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/789933/000078993325000017/nacco-20250422.htm
  HTML page:      https://secwatch.observer/filing/0000789933-25-000017

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer