Hyster-Yale (NYSE: HY) chair updates indirect holdings and gifts Class B shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HYSTER-YALE, INC. director and chairman Alfred M. Rankin Jr. filed an update on various indirect holdings of Class A and Class B Common Stock, largely reflecting positions held through trusts, retirement accounts, and limited partnerships. He disclaims beneficial ownership of these shares.
The filing shows entities associated with him made bona fide gifts of 1,012 shares of Class B Common Stock, recorded as two gift transfers on May 29, 2026. These Class B shares are shown as convertible into the same number of Class A shares. No open‑market purchases or sales are reported in this Form 4; most line items simply report or update indirect ownership amounts.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,012 shares gifted
Mixed
17 txns
Insider
RANKIN ALFRED M ET AL
Role
Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 377 | $0.00 | -- |
| Gift | Class B Common Stock | 635 | $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 A 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 — 0 shares (Indirect, Represents percentage of ownership interest of Rankin Associates V partnership held in trust);
Class A Common Stock — 19,118 shares (Indirect, Represents the proportionate limited partnership interest in shares held by AMR Associates LP)
Footnotes (1)
- Reporting Person disclaims beneficial ownership of all such shares. N/A
Key Figures
Gifted Class B shares: 1,012 shares
Trust for Victoire G. Rankin: 126,774 Class A shares
Trust for Alfred M. Rankin Jr.: 152,197 Class A shares
+4 more
7 metrics
Gifted Class B shares
1,012 shares
Bona fide gifts of Class B Common Stock on May 29, 2026
Trust for Victoire G. Rankin
126,774 Class A shares
Indirect holding where reporting person serves as trustee
Trust for Alfred M. Rankin Jr.
152,197 Class A shares
Indirect holding where reporting person serves as trustee
IRA Class A holding
14,752 Class A shares
Held in an Individual Retirement Account for the reporting person
AMR Associates LP Class A
19,118 Class A shares
Proportionate limited partnership interest in shares held by AMR Associates LP
GSTs for Helen R. Butler
26,244 Class B shares
Indirect Class B holding, underlying 26,244 Class A shares
IRA Class B underlying
14,160 Class A shares
Class B shares in IRA, shown as underlying 14,160 Class A shares
Key Terms
bona fide gift, limited partnership interest, Individual Retirement Account, Class B Common Stock, +2 more
6 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.
limited partnership interest financial
"Represents the proportionate limited partnership interest in shares held by AMR Associates LP"
Individual Retirement Account financial
"Held in an Individual Retirement Account for the benefit of the Reporting Person."
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.
disclaims beneficial ownership financial
"Reporting Person disclaims beneficial ownership of all such shares."
FAQ
What insider activity did HY report for Alfred M. Rankin Jr. in this Form 4?
The Form 4 reports bona fide gifts of 1,012 shares of Class B Common Stock by entities associated with Alfred M. Rankin Jr., plus detailed updates of his indirect holdings through trusts, retirement accounts, and partnerships.