Hyster-Yale (NYSE: HY) insider Rankin reports 449-share Class B gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hyster-Yale, Inc. reporting person Elizabeth B. Rankin filed a Form 4 showing mainly updated holdings and small non-market transfers. On May 29, 2026, entities associated with her spouse’s interests in partnerships made bona fide gifts totaling 449 shares of Class B Common Stock, recorded as derivative positions convertible into Class A shares at an exercise price of $0.00 per share.
The filing also lists direct ownership of 1,444 shares of Class A Common Stock and multiple indirect interests in both Class A and Class B shares held through trusts and Rankin Associates partnerships for her, her spouse, and minor children. A footnote states that the reporting person disclaims beneficial ownership of all such shares, indicating these positions are held primarily through family-related entities rather than as direct trading activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
449 shares gifted
Mixed
17 txns
Insider
RANKIN ELIZABETH B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 352 | $0.00 | -- |
| Gift | Class B Common Stock | 97 | $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 A 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 shares (Indirect, Spouse's proportionate interest in shares held by Rankin Associates V);
Class A Common Stock — 1,444 shares (Direct, null);
Class A Common Stock — 1,290 shares (Indirect, Reporting Person's spouse is co-trustee of a Trust fbo minor child.)
Footnotes (1)
- Reporting Person disclaims beneficial ownership of all such shares. N/A
Key Figures
Total gifted shares: 449 shares
Gift 1: 97 shares
Gift 2: 352 shares
+3 more
6 metrics
Total gifted shares
449 shares
Bona fide gifts of Class B Common Stock on May 29, 2026
Gift 1
97 shares
Class B Common Stock gifted from Rankin Associates VI interest
Gift 2
352 shares
Class B Common Stock gifted from Rankin Associates V interest
Direct Class A holdings
1,444 shares
Class A Common Stock owned directly following transactions
Exercise price on Class B derivatives
$0.00 per share
Conversion or exercise price into underlying Class A shares
Indirect Class A holding example
22,082 shares
Class A Common Stock held through a trust with spouse as trustee
Key Terms
bona fide gift, Class B Common Stock, indirect ownership, beneficial ownership, +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.
Class B Common Stock financial
""security_title": "Class B Common Stock""
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.
indirect ownership financial
""ownership_type": "indirect""
beneficial ownership financial
"Reporting Person disclaims beneficial ownership of all such shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
derivative financial
""transaction_type": "derivative""
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
What insider activity did Elizabeth B. Rankin report for HY on this Form 4?
Elizabeth B. Rankin reported bona fide gifts totaling 449 shares of Hyster-Yale Class B Common Stock on May 29, 2026, along with updated direct and indirect holdings in Class A and Class B shares through family-related entities and trusts.
Were the Hyster-Yale (HY) insider transactions market purchases or sales?
The reported Hyster-Yale activity reflects bona fide gifts, not market purchases or sales. Rankin’s filing shows non-cash transfers of 449 Class B shares via family-related entities, plus updated holdings, rather than open-market trading in the company’s stock.
What types of securities are involved in this Hyster-Yale (HY) Form 4?
The Form 4 covers Class A Common Stock and Class B Common Stock. Several derivative entries list Class B shares with underlying Class A Common Stock at a conversion or exercise price of $0.00, reflecting partnership and trust interests rather than standard options.