Hyster-Yale (HY) officer gets LTIP share grant and surrenders stock for taxes

Rhea-AI Filing Summary

Hyster-Yale, Inc. subsidiary officer Charles F. Pascarelli reported long-term incentive stock activity in Class A common shares. He received a grant of 6,247 shares under the company’s Long-Term Incentive Compensation Plan and then surrendered 424 shares back to the company in a mandatory cashless exercise to cover related tax withholding. After these transactions, he directly owned 63,258 Class A shares.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Pascarelli Charles F

Role Officer of a Subsidiary

Type	Security	Shares	Price	Value
Grant/Award	Class A Common Stock	6,247	$0.00	--
Tax Withholding	Class A Common Stock	424	$36.66	$16K

Holdings After Transaction: Class A Common Stock — 63,682 shares (Direct)

Footnotes (1)

1. LTIP Award-Shares of Class A Common Stock awarded to the Reporting Person under the company's Long-Term Incentive Compensation Plan Mandatory Cashless-Exercise-Award shares that Reporting Person surrendered to Company in order to satisfy his/her tax withholding obligations with respect to his/her LTIP Stock Award

Form 4 Insider Transactions: What Each Field Means →

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).

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^*

Pascarelli Charles F

(Last) (First) (Middle)

5875 LANDERBROOK DRIVE

SUITE 300

(Street)

CLEVELAND 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)		6,247	A	$0	63,682	D
Class A Common Stock	02/27/2026		F(2)		424	D	$36.66	63,258	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 shares that Reporting Person surrendered to Company in order to satisfy his/her tax withholding obligations with respect to his/her LTIP Stock 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 Charles F. Pascarelli report on this Form 4?

Charles F. Pascarelli reported a grant of 6,247 shares of Hyster-Yale Class A Common Stock and a related surrender of 424 shares to the company to cover tax withholding, both tied to a long-term incentive stock award.

Was the Hyster-Yale (HY) insider transaction a purchase or a stock award?

The activity was a stock award, not an open-market purchase. Pascarelli received 6,247 Class A shares as a long-term incentive grant under the company’s plan, with no cash paid per share in the reported grant.

Why did the Hyster-Yale (HY) insider surrender 424 shares in this filing?

Pascarelli surrendered 424 Class A shares to Hyster-Yale in a mandatory cashless exercise. These award shares were delivered back to the company to satisfy his tax withholding obligations arising from the long-term incentive stock award on the same date.

What is Charles F. Pascarelli’s Hyster-Yale (HY) share ownership after the Form 4 transactions?

After the reported grant and tax-withholding surrender, Pascarelli directly owned 63,258 shares of Hyster-Yale Class A Common Stock. This reflects his updated direct beneficial ownership following the long-term incentive award and related tax settlement.

At what price were the 424 Hyster-Yale (HY) shares used for tax withholding valued?

The 424 Class A shares surrendered for tax withholding were valued at $36.66 per share. This price was used to determine how many award shares were required to cover Pascarelli’s tax obligations on the long-term incentive stock award.

What compensation plan is referenced in the Hyster-Yale (HY) Form 4 for Pascarelli?

The Form 4 references Hyster-Yale’s Long-Term Incentive Compensation Plan. Under this plan, Pascarelli was awarded 6,247 Class A shares as an LTIP stock award, with a portion later surrendered to cover his associated tax withholding requirements.