HY Form 4: Director Gary Collar receives 1,611 shares as director compensation
Rhea-AI Filing Summary
Gary Collar L, a director of HYSTER-YALE, INC. (HY), received equity awards on 10/01/2025 under the company's Non-Employee Directors' Equity Compensation Plan. The filing shows two grant entries: 963 shares issued as "Required Shares" and 648 shares issued as "Voluntary Shares," both with a $0 price, indicating they were awarded rather than purchased. After the transactions the reporting person is shown as directly owning 6,729 shares of Class A common stock. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Positive
- Equity alignment: Director increased direct ownership through awarded shares, aligning interests with shareholders.
- No cash required: Awards were issued at a $0 price, reflecting compensation rather than a market purchase.
- Clear disclosure: Transactions and post-transaction beneficial ownership are explicitly reported on Form 4.
Negative
- None.
Insights
TL;DR: Director received non-cash equity awards totaling 1,611 Class A shares, increasing direct ownership to 6,729 shares.
The Form 4 discloses standard director equity compensation rather than market purchases or option exercises. The awards were granted at $0 price and split into required and voluntary components under the Non-Employee Directors' Equity Compensation Plan. This is a routine disclosure that increases the director's direct stake but does not involve cash outlay or derivative transactions.
TL;DR: Routine director equity awards reported; typical for non-employee director compensation and governance alignment.
The filing identifies the awards as "Required Shares" and "Voluntary Shares," consistent with plans that allow directors to take compensation in company stock. The signature by an attorney-in-fact is properly documented. There are no derivative holdings reported and ownership is listed as direct, which simplifies disclosure of voting and control rights.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 963 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 648 | $0.00 | -- |
Footnotes (1)
- Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Voluntary Award-Shares of Class A Common Stock awarded to the Reporting Person as "Voluntary Shares" under the company's Non-Employee Directors' Equity Compensation Plan.