Hyster-Yale trusts report insider share gifts
HYSTER-YALE, INC. insider reporting associated entities filed a Form 4 mainly updating indirect holdings in Class A and Class B common stock held through family trusts and partnerships.
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Form Type
4
Rhea-AI Filing Summary
HYSTER-YALE, INC. insider reporting associated entities filed a Form 4 mainly updating indirect holdings in Class A and Class B common stock held through family trusts and partnerships. The filing shows two bona fide gifts totaling 449 Class B shares, with no open-market purchases or sales reported. James T. Rankin is listed as the reporting person but disclaims beneficial ownership of all such shares.
Insider Trade Summary
449 shares gifted
Gift
22 txns
Insider
RANKIN JAMES T
Role
Insider
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 352 | $0.00 | $0.00 |
| Gift | Class B Common Stock | 97 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 1,487 contracts (Indirect, Proportionate interest in shares held by Rankin Associates V);
Class B Common Stock — 632 contracts (Indirect, Proportionate interest in shares held by Rankin Associates VI);
Class B Common Stock — 5,634 contracts (Indirect, child's proportionate limited partnership interest in shares held by Rankin Associates II);
Class B Common Stock — 922 contracts (Indirect, Child's proportionate interests held in shares in Rankin Associates V);
Class B Common Stock — 1,268 contracts (Indirect, Child's proportionate interest in shares held by Rankin Associates VI);
Class B Common Stock — 17,500 contracts (Indirect, proportionate limited partnership interests in shares held by RA II, L.P);
Class B Common Stock — 1,724 contracts (Indirect, Spouse's proportionate limited partnership interests in shares held by Rankin Associates II, L.P);
Class B Common Stock — 377 contracts (Indirect, Spouse's proportionate interests held in shares in Rankin Associates V);
Class B Common Stock — 635 contracts (Indirect, Spouse's proportionate interest in shares held by Rankin Associates VI);
Class B Common Stock — 6,018 contracts (Indirect, As Custodian for reporting person's minor child's proportionate interest in RAII shares);
Class B Common Stock — 8,767 contracts (Indirect, Co-trustee of trust fbo niece. Reflects proportionate interests in Rankin Assoc II shares.);
Class B Common Stock — 461 contracts (Indirect, Co-trustee of trust fbo niece; niece's proportionate interests held in shares in Rankin Associates V);
Class B Common Stock — 634 contracts (Indirect, Co-trustee of trust fbo niece. Reflects proportionate interests in Rankin Assoc VI shares);
Class B Common Stock — 8,472 contracts (Indirect, Co-trustee of trust fbo nephew. Reflects proportionate interests in Rankin Assoc II shares.);
Class B Common Stock — 461 contracts (Indirect, Co-trustee of trust fbo nephew; nephew proportionate interests held in shares in Rankin Associates V);
Class B Common Stock — 634 contracts (Indirect, Co-trustee of trust fbo nephew. Reflects proportionate interests in Rankin Assoc VI shares);
Class A Common Stock — 38,444 shares (Indirect, Held by Trust);
Class A Common Stock — 1,126 shares (Indirect, Shares held by spouse);
Class A Common Stock — 1,290 shares (Indirect, co-trustee of trust for the benefit of minor niece);
Class A Common Stock — 1,126 shares (Indirect, co-trustee of the trust for the benefit of the minor nephew)
Footnotes (2)
- F1. Reporting Person disclaims beneficial ownership of all such shares.
- F2. N/A
Key Figures
Gifted shares 1: 97 shares
Gifted shares 2: 352 shares
Total gifted shares: 449 shares
+4 more
7 metrics
Gifted shares 1
97 shares
Class B common stock bona fide gift from Rankin Associates VI interest
Gifted shares 2
352 shares
Class B common stock bona fide gift from Rankin Associates V interest
Total gifted shares
449 shares
Aggregate Class B common stock gifts reported in this Form 4
Trust Class A holding
38,444 shares
Class A common stock held indirectly by a trust
Partnership Class B holding
17,500 shares
Class B common stock via limited partnership interest in RA II, L.P.
Post-gift holding RA VI
632 shares
Class B proportionate interest in Rankin Associates VI after 97-share gift
Post-gift holding RA V
1,487 shares
Class B proportionate interest in Rankin Associates V after 352-share gift
Key Terms
bona fide gift, indirect ownership, co-trustee, proportionate interests, +1 more
5 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"
co-trustee financial
"nature_of_ownership: co-trustee of the trust for the benefit of the minor nephew"
proportionate interests financial
"nature_of_ownership: Reflects proportionate interests in Rankin Assoc VI shares"
limited partnership interests financial
"nature_of_ownership: proportionate limited partnership interests in shares held by RA II, L.P"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did the HYSTER-YALE (HY) Form 4 filed by James T. Rankin report?
The Form 4 reports indirect holdings of HYSTER-YALE Class A and Class B shares through family trusts and partnerships. It also discloses two bona fide gifts of Class B stock, while noting that the reporting person disclaims beneficial ownership of all such shares.
Were there any open-market buys or sells in the HYSTER-YALE (HY) Form 4?
No open-market purchases or sales are reported. The only transactions with share amounts are two bona fide gifts of Class B common stock, while the remaining entries simply update indirect holdings across various trusts and partnership structures associated with the reporting person.
What types of ownership structures are shown in the HY Form 4 for James T. Rankin?
All holdings are reported as indirect, including shares held by trusts, limited partnerships, custodial accounts, and proportionate interests in Rankin Associates entities. The filing specifies roles such as co‑trustee and custodian and includes a disclaimer of beneficial ownership for all such shares.
What ongoing indirect HYSTER-YALE holdings are noted in the Form 4?
The filing lists several indirect positions, including 38,444 Class A shares held by a trust and 17,500 Class B shares tied to limited partnership interests in RA II, L.P. These figures reflect ongoing indirect stakes after the reported gift transactions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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