Family trust tied to Chloe Rankin (HY) receives 1,055 Class A share award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hyster-Yale, Inc. insider reporting person Chloe O. Rankin, as a member of a group, reported mostly indirect holding entries in various trusts and partnership interests tied to Class A and Class B Common Stock. The only actual transaction was an A-coded acquisition of 1,055 shares of Class A Common Stock on July 1, 2026, credited to a trust for the benefit of Claiborne R. Rankin. Footnotes state these are spouse "Required Shares" under the company’s Non-Employee Directors' Equity Compensation Plan, and the reporting person disclaims beneficial ownership of all such shares.
Positive
- None.
Negative
- None.
Insights
Filing shows a routine, indirect equity award with disclaimed ownership.
The Form 4 centers on an A-code transaction, where a trust for Claiborne R. Rankin received 1,055 shares of Class A Common Stock. This is described as "Required Shares" under the Non-Employee Directors' Equity Compensation Plan, indicating a compensation-related grant rather than a market trade.
The many other lines are holding entries for indirect interests in Class A and Class B shares through trusts and Rankin-associated partnerships, not new buys or sells. A key footnote states the reporting person disclaims beneficial ownership of these spouse-related award shares, so the economic exposure primarily sits with the spouse and related trusts, making this a low-signal, administrative update for investors.
Insider Trade Summary
44 transactions reported
Mixed
44 txns
Insider
RANKIN CHLOE O
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,055 | $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 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 | -- | -- | -- |
| 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 | -- | -- | -- |
| 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 | -- | -- | -- |
| 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 | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 246,575 shares (Indirect, spouse serves as Trustee of a Trust for the benefit of Claiborne R. Rankin);
Class B Common Stock — 56,991 shares (Indirect, spouse's proportionate interest in shares held by RAII)
Footnotes (1)
- Spouse's Award-Shares of Class A Common Stock awarded to the Reporting Person's Spouse as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan. Reporting Person disclaims beneficial ownership of all such shares. N/A
Key Figures
Awarded Class A shares: 1,055 shares
Trust holdings after award: 246,575 shares
Indirect Class A holding entry: 10,242 shares
+3 more
6 metrics
Awarded Class A shares
1,055 shares
A-code grant to trust for Claiborne R. Rankin on July 1, 2026
Trust holdings after award
246,575 shares
Class A Common Stock, indirect holding for Claiborne R. Rankin trust
Indirect Class A holding entry
10,242 shares
Spouse co-trustee interest for reporting person’s child
Indirect Class A partnership interest
13,631 shares
Spouse trustee for child’s limited partnership interest in RA2
Largest Class B derivative block
168,945 shares
Class B Common Stock underlying Class A via RA IV limited partnership
Class B LP interest in RA I
40,624 shares
Indirect Class B holding with Class A underlying at $0.0000 exercise price
Key Terms
Non-Employee Directors' Equity Compensation Plan, Grant, award, or other acquisition, beneficial ownership, Class B Common Stock, +1 more
5 terms
Non-Employee Directors' Equity Compensation Plan financial
"Required Shares under the company's Non-Employee Directors' Equity Compensation Plan."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
beneficial ownership financial
"Reporting Person disclaims beneficial ownership of all such shares."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
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.
indirect ownership financial
""ownership_type": "indirect", "ownership_code": "I""
FAQ
What insider transaction did HY reporting person Chloe O. Rankin disclose in this Form 4?
The Form 4 reports an A-code acquisition of 1,055 shares of Hyster-Yale Class A Common Stock by a trust for Claiborne R. Rankin. These are "Required Shares" granted under the Non-Employee Directors' Equity Compensation Plan, not an open-market purchase or sale.
What are the main holdings structures referenced in this HY Form 4?
The filing lists numerous indirect holdings in Class A and Class B Common Stock through GST trusts, family trusts, and Rankin Associates partnerships. Many entries reference spouse trustee or limited partnership interests, underscoring that positions are held via estate-planning and family investment vehicles.
What role does Class B Common Stock play in this HY insider filing?
The filing shows indirect holdings of Class B Common Stock that are convertible into Class A Common Stock at a stated exercise price of $0.0000. These positions are held through Rankin family entities, with underlying Class A equivalents disclosed, but no new conversions or exercises are reported here.