HY Form 4: Director Dennis LaBarre Awarded 963 Class A Shares

Rhea-AI Filing Summary

Director Dennis W. LaBarre received equity on 10/01/2025 under Hyster-Yale's Non-Employee Directors' Equity Compensation Plan. The Form 4 shows an award of 963 shares of Class A common stock at a $0 price (an equity award, not a purchased transaction). After this award, the reporting person beneficially owns 35,609 shares of Class A common stock. The filing also reports 9,424 Class A shares referenced under derivative holdings, listed as directly beneficially owned. The transaction was reported by an attorney-in-fact signature dated 10/02/2025. This Form 4 documents a routine director equity grant and the resulting ownership positions without additional disclosures.

Positive

• Director equity alignment: 963 Class A shares awarded to a director under the company’s Non-Employee Directors' Equity Compensation Plan
• Increased insider ownership: Reporting person beneficially owns 35,609 Class A shares after the award
• Complete disclosure: Transaction and resulting holdings reported on Form 4, satisfying Section 16 reporting requirements

Negative

• None.

Insights

Financial Analyst

TL;DR: Routine director equity award increases insider ownership modestly; no cash purchase or sale reported.

The Form 4 documents a non-employee director equity award of 963 Class A shares, resulting in 35,609 Class A shares beneficially owned and 9,424 Class A shares shown under derivative holdings. This is a standard equity-compensation disclosure that increases insider alignment with shareholders. There are no sales, cash purchases, or prices paid reported, and no indications of material changes to capital structure or debt. The filing appears procedural and not likely to be material to valuation on its own.

Corporate Governance Expert

TL;DR: A routine director grant recorded under the company’s non-employee directors’ plan; governance standard disclosure.

The entry specifies the award as granted under the Non-Employee Directors' Equity Compensation Plan and is reported on Form 4 as required by Section 16. The reporting person is identified as a director. The signature by attorney-in-fact and the explanatory footnote align with typical administrative processing of director awards. This disclosure fulfills insider-reporting obligations and documents the director’s updated beneficial ownership positions.

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
Estimated average burden
hours per response:			0.5

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^*

LABARRE DENNIS W

(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)

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(1)		963	A	$0	35,609	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
Class B Common Stock	(2)							(2)	(2)	Class A Common Stock	9,424		9,424	D

Explanation of Responses:

1. Award-Shares of Class A Common Stock awarded to the Reporting Person under the company's Non-Employee Directors' Equity Compensation Plan.

2. N/A

	/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 director Dennis W. LaBarre receive on 10/01/2025 (HY)?

The director was awarded 963 shares of Class A common stock under the company's Non-Employee Directors' Equity Compensation Plan.

How many Class A shares does Dennis W. LaBarre beneficially own after the reported transaction?

Following the award, the Form 4 reports 35,609 Class A shares beneficially owned.

Does the Form 4 report any cash purchases or sales by the reporting person?

No. The transaction code indicates an award (Code A) and the price is listed as $0, indicating a grant rather than a purchase or sale.

Are there derivative holdings reported for the reporting person in this filing?

Yes. The filing lists 9,424 Class A shares under derivative securities, shown as directly beneficially owned.

Who signed the Form 4 and when was it filed?

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

Under what plan were the shares awarded?

The shares were awarded under the company's Non-Employee Directors' Equity Compensation Plan as stated in the explanation section.