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

Rhea-AI Filing Summary

Carolyn Corvi, a director of HYSTER-YALE, INC. (HY), reported an acquisition of 963 shares of Class A common stock on 10/01/2025. The reported transaction code is A (acquisition) at a reported price of $0.00, leaving her with 26,185 shares beneficially owned following the transaction. The Form 4 was signed by an attorney-in-fact on 10/02/2025. The filing is a single-person Form 4 and lists the reporting person as a director.

Positive

• Insider acquisition disclosed: Director Carolyn Corvi acquired 963 Class A shares, increasing her beneficial ownership to 26,185 shares.
• Clear filing: Form 4 provides specific transaction date (10/01/2025) and post-transaction ownership, meeting Section 16 disclosure requirements.

Negative

• None.

Insights

Securities Analyst

TL;DR Director Carolyn Corvi acquired 963 Class A shares, increasing her stake to 26,185 shares; transaction reported on Form 4.

The filing documents a routine insider acquisition by a director with an A transaction code indicating an acquisition. The reported price is $0.00, and the post-transaction beneficial ownership is explicitly shown as 26,185 shares. For investors, this is a disclosure of insider ownership change rather than standalone evidence of material corporate developments. No derivatives or other security classes are reported.

Corporate Governance Expert

TL;DR A director reported a non-derivative share acquisition; the filing provides clear ownership change details but no explanatory context.

The Form 4 clearly identifies the reporting person as a director and provides the exact share count acquired and owned after the transaction. The document lacks explanatory text about the nature of the zero-price acquisition, so the governance implication is limited to transparency of ownership change. This is a standard Section 16 disclosure; it does not by itself indicate changes to board composition, control, or governance policy.

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^*

Corvi Carolyn

(Last) (First) (Middle)

5875 LANDERBROOK DRIVE

(Street)

MAYFIELD HEIGHTS OH

(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		963	A	$0	26,185	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:

	/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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did the Form 4 for HYSTER-YALE (HY) disclose?

The Form 4 reports that director Carolyn Corvi acquired 963 Class A shares on 10/01/2025, resulting in 26,185 shares beneficially owned.

What does transaction code A mean on this Form 4?

Transaction code A is used on Form 4 to indicate an acquisition of securities, as reported in this filing.

What price was reported for the shares acquired by the director?

The reported price for the 963 shares is shown as $0.00 in the Form 4.

Who signed the Form 4 for the reporting person?

The Form 4 was signed by Suzanne S. Taylor, attorney-in-fact on 10/02/2025.

Does the Form 4 report any derivative securities for HY?

No. Table II (derivative securities) contains no reported entries in this Form 4.