Hyster-Yale (HY) officer reports stock grant and tax share surrender

Rhea-AI Filing Summary

Hyster-Yale, Inc. officer of a subsidiary Rajiv Prasad reported two equity compensation transactions in Class A common stock. On February 27, he acquired 35,278 shares as a grant under the company’s Long-Term Incentive Compensation Plan. On March 27, he surrendered 4,024 shares back to the company in a mandatory cashless exercise to cover tax withholding for that award at $36.66 per share. After these transactions, he directly owned 195,843 shares of Class A common stock.

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

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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).

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^*

Prasad Rajiv

(Last) (First) (Middle)

5875 LANDERBROOK DRIVE

(Street)

MAYFIELD HEIGHTS OH 44124

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		A(1)		35,278	A	$0	199,867	D
Class A Common Stock	03/27/2026		F(2)		4,024	D	$36.66	195,843	D

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:

1. LTIP Award Shares of Class A Common Stock awarded to the Reporting Person under the company's Long-Term Incentive Compensation Plan

2. Mandatory Cashless Exercise - Award share that Reporting person surrendered to Company in order to satisfy his/her tax withholding obligations with respect to his/her LTIP Award.

	/s/ Suzanne S. Taylor, attorney-in-fact	03/03/2026
	** 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.

FAQ

What insider transactions did HY officer Rajiv Prasad report on this Form 4?

Rajiv Prasad reported an equity award and a related tax withholding share surrender. He received 35,278 Class A shares as a long-term incentive grant, then surrendered 4,024 shares to the company to pay tax withholding tied to that award.

How many Hyster-Yale (HY) shares did Rajiv Prasad acquire in the reported award?

He acquired 35,278 shares of Hyster-Yale Class A common stock. The shares were granted at no cost under the company’s Long-Term Incentive Compensation Plan as an LTIP Award, according to the Form 4 footnote description.

Why did Rajiv Prasad dispose of Hyster-Yale (HY) shares at $36.66 on March 27?

He surrendered 4,024 shares at $36.66 per share to cover tax withholding. The Form 4 notes this as a mandatory cashless exercise, where award shares are returned to the company to satisfy tax obligations on his LTIP Award.

Were Rajiv Prasad’s Hyster-Yale (HY) transactions open-market buys or sells?

No, both transactions relate to equity compensation rather than open-market trading. One was a share award grant, and the other was a tax-withholding share surrender back to the company, described as a mandatory cashless exercise.

How many Hyster-Yale (HY) shares does Rajiv Prasad hold after these Form 4 transactions?

After the reported award and tax-withholding surrender, he directly held 195,843 shares of Hyster-Yale Class A common stock. This total reflects his ownership immediately following the March 27 tax-withholding disposition.

What plan governed Rajiv Prasad’s Hyster-Yale (HY) share award in this Form 4?

The award was granted under Hyster-Yale’s Long-Term Incentive Compensation Plan. The Form 4 footnote describes the 35,278 shares as “LTIP Award Shares” of Class A common stock issued pursuant to this long-term incentive program.