Rankin group (NYSE: HY) reports bona fide gifts of Class B shares via trusts

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Hyster-Yale, Inc. insider filing shows indirect gifts of Class B shares by entities associated with Thomas Parker Rankin. Two bona fide gifts transferred a total of 451 shares of Class B Common Stock on 2026-05-29, recorded as derivative transactions with a stated price of $0.00 per share.

After these gifts, indirect holdings reported for Rankin’s proportionate interests include 16,888 shares of Class A Common Stock held by a trust and various Class B interests through Rankin Associates partnerships and family trusts. A footnote states that the reporting person disclaims beneficial ownership of all such shares.

Insider Trade Summary

451 shares gifted

Mixed 10 txns

Insider Rankin Thomas Parker

Role null

Type	Security	Shares	Price	Value
Gift	Class B Common Stock	353	$0.00	--
Gift	Class B Common Stock	98	$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 A Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 1,487 shares (Indirect, Proportionate interest in shares held by Rankin Associates V); Class A Common Stock — 16,888 shares (Indirect, By Trust)

Footnotes (1)

N/A Reporting Person disclaims beneficial ownership of all such shares.

Key Figures

Gifted Class B shares (Rankin Associates VI): 98 shares Gifted Class B shares (Rankin Associates V): 353 shares Total gifted Class B shares: 451 shares +3 more

6 metrics

Gifted Class B shares (Rankin Associates VI) 98 shares Bona fide gift on 29 May 2026 at $0.00 per share

Gifted Class B shares (Rankin Associates V) 353 shares Bona fide gift on 29 May 2026 at $0.00 per share

Total gifted Class B shares 451 shares Sum of two bona fide gifts on 29 May 2026

Indirect Class A holdings by trust 16,888 shares Class A Common Stock held indirectly by trust after transactions

Class B holdings via Rankin Associates VI 633 shares Indirect proportionate interest after 98-share gift

Class B holdings via Rankin Associates V 1,487 shares Indirect proportionate interest after 353-share gift

Key Terms

bona fide gift, indirect ownership, proportionate interest, disclaims beneficial ownership, +1 more

5 terms

bona fide gift financial

"transaction_code_description: "Bona fide gift" for two Class B transactions"

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" and ownership_code: "I" for reported holdings"

proportionate interest financial

"nature_of_ownership: "Represents Reporting Person's proportionate interest in shares held""

disclaims beneficial ownership financial

"footnote: "Reporting Person disclaims beneficial ownership of all such shares.""

Class B Common Stock financial

"security_title: "Class B Common Stock" across multiple transactions"

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.

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Form 4 Insider Transactions: What Each Field Means →

06/01/2026 - 12:33 PM

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Rankin Thomas Parker

(Last)

(First)

(Middle)

5875 LANDERBROOK DRIVE

(Street)

MAYFIELD HEIGHTS

OHIO

44124

(City)

(State)

(Zip)

UNITED STATES

(Country)

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

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

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		Member of a Group

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/29/2026

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

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

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock								16,888	I	By Trust

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common Stock	5,634		5,634	I	Co-trustee of trust fbo nephew. Reflects proportionate interests in Rankin Assoc II shares⁽²⁾
Class B Common Stock	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common Stock	461		461	I	Co-trustee of trust fbo nephew; nephew proportionate interests held in shares in Rankin Associates V⁽²⁾
Class B Common Stock	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common Stock	634		634	I	Co-trustee of trust fbo nephew. Reflects proportionate interests in Rankin Assoc VI shares⁽²⁾
Class B Common Stock	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common Stock	6,018		6,018	I	Co-trustee of trust fbo niece. Reflects proportionate interests in Rankin Assoc II shares⁽²⁾
Class B Common Stock	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common Stock	461		461	I	Co-trustee of trust fbo niece; niece's proportionate interests held in shares in Rankin Associates V⁽²⁾
Class B Common Stock	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common Stock	634		634	I	Co-trustee of trust fbo niece. Reflects proportionate interests in Rankin Assoc VI shares⁽²⁾
Class B Common Stock	⁽¹⁾							⁽¹⁾	⁽¹⁾	Class A Common Stock	36,270		36,270	I	Represents Reporting Person's proportionate interest in shares held by Rankin Associates II, L.P.
Class B Common Stock	⁽¹⁾	05/29/2026		G		353		⁽¹⁾	⁽¹⁾	Class A Common Stock	353	$0	1,487	I	Proportionate interest in shares held by Rankin Associates V
Class B Common Stock	⁽¹⁾	05/29/2026		G		98		⁽¹⁾	⁽¹⁾	Class A Common Stock	98	$0	633	I	Proportionate interest in Rankin Associates VI

Explanation of Responses:

1. N/A

2. Reporting Person disclaims beneficial ownership of all such shares.

	/s/ Suzanne S. Taylor, attorney-in-fact	06/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did HY reporting person Thomas Parker Rankin report?

The filing reports two bona fide gifts of Hyster-Yale Class B Common Stock totaling 451 shares on 29 May 2026. These are recorded as indirect, derivative transactions tied to Rankin Associates partnerships, not as open-market sales or purchases.

How many Hyster-Yale Class B shares were gifted in this HY Form 4?

Entities associated with Thomas Parker Rankin gifted 451 shares of Hyster-Yale Class B Common Stock. One gift covered 98 shares linked to Rankin Associates VI, and another covered 353 shares linked to Rankin Associates V, both reported as bona fide gifts at zero dollar price.

What are Thomas Parker Rankin’s reported indirect holdings in Hyster-Yale Class A shares?

The filing shows 16,888 shares of Hyster-Yale Class A Common Stock held indirectly by a trust. This reflects an indirect interest, and a footnote explains that the reporting person disclaims beneficial ownership of all such shares reported in the Form 4.

How many Hyster-Yale Class B shares remain after the HY gifts?

After the gifts, indirect interests reported include 633 and 1,487 Class B shares in entities tied to Rankin Associates VI and V, plus several additional Class B positions through other Rankin Associates and family trusts, all shown as indirect, proportionate interests.

Does Thomas Parker Rankin claim beneficial ownership of the HY shares reported?

No. A footnote explicitly states that the reporting person disclaims beneficial ownership of all such shares. The positions are held indirectly through trusts and Rankin Associates partnerships, and the Form 4 attributes them as proportionate interests in those entities.

Were the HY transactions open-market buys or sells?

No. The only transactions classified in the data are two bona fide gifts of Class B Common Stock, totaling 451 shares, at a stated transaction price of $0.00 per share. The filing shows no open-market purchases or sales for this date.