HY insider filing: Edward Eliopoulos reports 963-share acquisition, 14,447 held

Rhea-AI Filing Summary

Insider transaction summary: HYSTER-YALE director Edward T. Eliopoulos was reported on Form 4 as acquiring 963 shares of Class A common stock on 10/01/2025 at a reported price of $0. After the transaction, the reporting person beneficially owns 14,447 shares indirectly, held in a trust for his benefit. The filing was signed by an attorney-in-fact on 10/02/2025.

Positive

• Director reported acquisition of 963 Class A common shares on 10/01/2025
• Beneficial ownership disclosed after transaction: 14,447 shares held in trust for the reporting person

Negative

• None.

Insights

Corporate Governance Expert

TL;DR: A routine insider acquisition recorded as held in trust; no unusual terms disclosed.

The Form 4 shows a small non-derivative acquisition of 963 Class A shares by a director, with ownership reported indirectly via a trust. The transaction price is listed as $0, which indicates a non-cash transfer or internal trust allocation; the form does not explain the reason. This disclosure meets Section 16 reporting requirements but provides limited context on origin or materiality.

Securities Compliance Analyst

TL;DR: Filing documents a simple change in beneficial ownership with no derivative activity and limited investor impact.

Table II shows no derivative securities. The post-transaction beneficial ownership of 14,447 shares is reported as indirect. There is no pricing detail beyond "$0" and no amendment history. From a compliance perspective, the Form 4 appears complete for the reported transfer but lacks explanatory notes about consideration or source.

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
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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^*

Eliopoulos Edward T

(Last) (First) (Middle)

5875 LANDERBROOK DRIVE

SUITE 300

(Street)

CLEVELAND OH X1

(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	14,447	I	Held in Trust fbo Reporting Person

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 HYSTER-YALE (HY) disclose on this Form 4?

The filing reports that director Edward T. Eliopoulos acquired 963 Class A shares on 10/01/2025 and now beneficially owns 14,447 shares indirectly held in a trust.

Was there any derivative or option activity reported for HY?

No. Table II shows no derivative securities acquired, disposed of, or beneficially owned in this filing.

What does the reported price of "$0" mean on the Form 4?

The form lists the transaction price as $0. The filing itself does not provide an explanation for that value, such as whether it was a transfer into a trust or another non-cash allocation.

Who signed the Form 4 for this transaction?

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

Does this Form 4 indicate any material change to HY's capital structure?

No material change to capital structure is disclosed. The filing reports a director-level acquisition and an updated beneficial ownership total but no issuance of new shares or derivative activity.