Hyster-Yale (NYSE: HY) group member reports 253-share Class B gift via partnerships
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HYSTER-YALE, INC. reporting person Griffin B. Butler, identified as a member of a shareholder group, reported indirect ownership updates and small gift transfers. On May 29, 2026, entities linked to him made bona fide gifts totaling 253 shares of Class B Common Stock, leaving 793 and 555 Class B shares indirectly held in the two affected partnership interests. Additional Class A and Class B shares remain held indirectly through trusts and partnerships for his benefit.
Positive
- None.
Negative
- None.
Insider Trade Summary
253 shares gifted
Mixed
6 txns
Insider
Butler Griffin B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 94 | $0.00 | -- |
| Gift | Class B Common Stock | 159 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 555 shares (Indirect, Represents percentage of ownership interest of Rankin Associates V partnership held in trust);
Class A Common Stock — 1,967 shares (Indirect, proportionate partnership interest shares held by AMR Associates LP held in trust)
Footnotes (1)
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Key Figures
Total gifted shares: 253 shares
Gift from Rankin Associates VI interest: 159 shares
Gift from Rankin Associates V interest: 94 shares
+5 more
8 metrics
Total gifted shares
253 shares
Bona fide gifts of Class B Common Stock on May 29, 2026
Gift from Rankin Associates VI interest
159 shares
Class B Common Stock gifted, indirect partnership interest
Gift from Rankin Associates V interest
94 shares
Class B Common Stock gifted, indirect partnership interest
Remaining Rankin Associates VI interest
793 shares
Class B Common Stock indirectly held after gift
Remaining Rankin Associates V interest
555 shares
Class B Common Stock indirectly held after gift
Indirect Class A trust holding
12,388 shares
Class A Common Stock held in trust; father is custodian
Indirect Class A AMR Associates LP interest
1,967 shares
Proportionate partnership interest held in trust
Indirect Class B Rankin Associates II interest
18,416 shares
Underlying Class A shares associated with Class B interest
Key Terms
bona fide gift, indirect ownership, Class B Common Stock, held in trust, +2 more
6 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
Class B Common Stock financial
""security_title": "Class B Common Stock""
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
held in trust financial
"Held in Trust for Reporting Person. Father is Custodian."
limited partnership interests financial
"Proportionate limited partnership interests in shares held by Rankin Associates II."
An ownership stake in a limited partnership gives an investor the role of a limited partner who provides capital but does not run day-to-day operations; a separate general partner manages the business. It matters because limited partners share profits, losses, and tax benefits but generally cannot lose more than they invested and have little control or liquidity—think of it like quietly funding a small business while someone else manages it, with potential return and risk tied to the venture’s performance.
FAQ
What insider activity did Griffin B. Butler report for HY?
Griffin B. Butler reported updates to his indirect ownership in Hyster-Yale, Inc. These include small bona fide gifts of Class B Common Stock made through partnership interests, while retaining additional indirect holdings in both Class A and Class B shares via trusts and partnerships.
Were the Hyster-Yale (HY) transactions open-market buys or sells?
No open-market buys or sells were reported. The only transactional entries were two bona fide gifts of Class B Common Stock. Other lines simply update indirect holdings in trusts and partnerships without showing purchase or sale activity in the market.
What indirect Hyster-Yale (HY) holdings remain after the gifts?
After the gifts, one partnership-related position shows 793 Class B shares and another 555 Class B shares indirectly held. Separate entries also show indirect holdings of Class A and Class B shares through trusts and limited partnerships associated with Griffin B. Butler.