Hyster-Yale (NYSE: HY) insider reports 1,349-share gift transfers and holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hyster-Yale, Inc. insider reporting for Thomas T. Rankin shows entities associated with him made bona fide gifts totaling 1,349 shares of Class B Common Stock, each linked to an equal number of Class A shares, on May 29, 2026. These gifts were made through indirect holdings, including proportionate interests in Rankin-related partnerships. The filing also updates multiple direct and indirect positions in Class A and Class B shares, many held in trusts and family entities, and notes that the reporting person disclaims beneficial ownership of all such shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,349 shares gifted
Mixed
23 txns
Insider
RANKIN THOMAS T
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 292 | $0.00 | -- |
| Gift | Class B Common Stock | 1,057 | $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 B 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, Reporting person's proportionate interest in shares held in Rankin Associates VI);
Class A Common Stock — 5,322 shares (Indirect, Reporting Person serves as Trustee of Trust for the benefit of the Estate of Alfred M. Rankin.);
Class A Common Stock — 14 shares (Direct, null)
Footnotes (1)
- Reporting Person disclaims beneficial ownership of all such shares. N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A N/A
Key Figures
Total gifted shares: 1,349 Class B shares
First gift transfer: 1,057 Class B shares
Second gift transfer: 292 Class B shares
+4 more
7 metrics
Total gifted shares
1,349 Class B shares
Bona fide gifts on May 29, 2026
First gift transfer
1,057 Class B shares
Proportionate interest in shares held by RA5
Second gift transfer
292 Class B shares
Proportionate interest in Rankin Associates VI
Indirect Class A holding
299,948 Class A shares
Trust for the benefit of Thomas T. Rankin
Direct Class A holding
14 Class A shares
Direct ownership entry as of May 29, 2026
Class B conversion price
$0.0000 per share
Class B into Class A Common Stock
Gift transactions count
2 transactions
Both coded as bona fide gifts (G)
Key Terms
bona fide gift, indirect ownership, Class B Common Stock, underlying security, +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.
indirect ownership financial
"ownership_type: "indirect"; ownership_code: "I""
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.
underlying security financial
"underlying_security_title: "Class A Common Stock""
proportionate interest financial
"nature_of_ownership: "Proportionate interest in shares held by RA6""
disclaims beneficial ownership financial
"footnote: "Reporting Person disclaims beneficial ownership of all such shares.""
FAQ
What did Thomas T. Rankin report in this Form 4 for HY?
Thomas T. Rankin reported gift transfers and updated holdings. Entities associated with him made bona fide gifts of 1,349 Class B shares and refreshed disclosures of numerous direct and indirect positions in Hyster-Yale Class A and Class B Common Stock.
Are the Form 4 transactions for HY open-market buys or sells?
No open-market buys or sells are reported. The only transactions are two bona fide gifts of Class B Common Stock. All other entries are holding lines that update direct and indirect ownership positions rather than market purchases or sales.
How is Thomas T. Rankin’s ownership in HY characterized in this Form 4?
Most reported HY holdings are indirect interests. Positions are held through trusts, limited partnerships, and family entities, such as Rankin Associates structures and various GST trusts, with the filing stating that the reporting person disclaims beneficial ownership of all such shares.
What types of HY securities are involved in the reported holdings and gifts?
The filing covers Class A and Class B Common Stock. Class A positions include direct holdings and trustee interests, while Class B positions are derivative securities convertible into equal numbers of Class A shares at a stated exercise price of $0.0000 per share.
Does the HY Form 4 show remaining indirect positions after the gifts?
Yes, multiple indirect positions remain after the gifts. The filing lists ongoing interests in several Rankin-related partnerships and trusts, with Class B holdings tied to underlying Class A shares, in addition to indirect trustee roles and spousal partnership interests.