[Form 4] HYSTER-YALE, INC. Insider Trading Activity

Rhea-AI Filing Summary

Ann O'Hara, a director of Hyster-Yale, Inc. (HY), received 963 Class A common shares on 10/01/2025 as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. The shares were awarded at a price of $0 and increased her beneficial ownership to 2,996 Class A common shares following the transaction. The Form 4 was executed by attorney-in-fact Suzanne S. Taylor on 10/02/2025. No derivative transactions or additional compensation details are reported in this filing.

Insights

Corporate Governance Expert

TL;DR: Routine director equity award recorded; aligns compensation with ownership but appears standard and non-dilutive.

The Form 4 documents a grant of 963 Class A shares to a non-employee director as "Required Shares" under the board compensation plan. This is a customary mechanism to satisfy director equity requirements and does not report cash consideration, indicating an in-kind award or share withholding mechanism disclosed simply as $0 price. The filing shows post-transaction beneficial ownership of 2,996 shares. There is no indication of option exercises, disposals, or related-party transfers in this report.

Securities Analyst

TL;DR: Transaction is a routine equity award with limited market impact; disclosure is straightforward and complete for this event.

The filing records a non-derivative acquisition of 963 Class A common shares on 10/01/2025 at $0, raising the reporting person's holdings to 2,996 shares. As a Form 4 disclosure, this provides timely transparency on insider ownership changes. The absence of derivative activity and the single, modest award suggest this is administrative compensation rather than a material corporate event.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

O'Hara Ann

(Last) (First) (Middle)

5875 LANDERBROOK

(Street)

MAYFIELD HEIGHTS OH 44124

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HYSTER-YALE, INC. [ HY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	10/01/2025		A(1)		963	A	$0	2,996	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan.

	/s/ Suzanne S. Taylor, attorney-in-fact	10/02/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

Who filed the Form 4 for Hyster-Yale (HY)?

The Form 4 reports activity by reporting person Ann O'Hara, filed via attorney-in-fact Suzanne S. Taylor on 10/02/2025.

What transaction is disclosed on the Form 4 for HY?

The filing discloses an acquisition of 963 Class A common shares on 10/01/2025 as "Required Shares" under the Non-Employee Directors' Equity Compensation Plan.

How many Hyster-Yale shares does the reporting person own after the transaction?

Following the reported transaction, the reporting person beneficially owns 2,996 Class A common shares.

What price was paid for the shares reported on the Form 4?

The reported price for the awarded shares is listed as $0 in the filing.

Were any derivative securities reported in this Form 4?

No derivative securities or option transactions are reported in this Form 4; only non-derivative Class A shares are disclosed.