[Form 4] HYSTER-YALE, INC. Insider Trading Activity
The reporting person, John P. Jumper, a director of Hyster-Yale, received 963 shares of Class A common stock as award "Required Shares" under the companys Non-Employee Directors' Equity Compensation Plan. Following the transaction the reporting person beneficially owns 26,837 shares of Class A common stock. The Form 4 indicates this was a non-derivative acquisition recorded with transaction code A and a $0 price, consistent with stock awards issued as compensation to a director.
- Director alignment: Awarded 963 Class A shares under the Non-Employee Directors' Equity Compensation Plan, aligning director interests with shareholders.
- Clear disclosure: Form 4 reports post-transaction beneficial ownership of 26,837 shares and cites the award type, meeting Section 16 reporting requirements.
- None.
Insights
TL;DR: Director received routine equity awards under the non-employee directors' compensation plan; ownership increased modestly.
The Form 4 shows a customary grant of 963 Class A shares to a non-employee director as "Required Shares" under the boards equity plan. This is a common practice to align director interests with shareholders and does not indicate any sale or disposition by the insider. The post-transaction beneficial ownership of 26,837 shares provides context on the directors stake but, standing alone, the award appears routine and non-material to the companys capital structure.
TL;DR: Filing documents a standard non-derivative acquisition by a director under an equity plan; disclosure appears complete.
The entry uses transaction code A for acquisition and reports a $0 price, consistent with shares issued as compensation rather than purchased. The Form 4 includes the required explanation identifying the award as "Required Shares" under the Non-Employee Directors' Equity Compensation Plan. The filing identifies beneficial ownership form as direct and supplies the post-transaction share total, meeting Section 16 disclosure expectations.