Hyster-Yale (HY) director reports 1,055-share grant and extensive trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RANKIN CLAIBORNE R reported acquisition or exercise transactions in this Form 4 filing.
Hyster-Yale, Inc. director Claiborne R. Rankin reported an equity award of 1,055 Class A Common shares as a grant under the company’s Non-Employee Directors' Equity Compensation Plan. The shares were received at a stated price of $0.00 and are held indirectly through a trust for the benefit of Claiborne R. Rankin.
Following this grant, that trust holds 246,575 Class A shares. The filing also updates a large number of indirect interests in various trusts and partnership entities holding Class A and Class B Common Stock that is convertible into specified amounts of Class A shares. The reporting person disclaims beneficial ownership of these indirectly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
44 transactions reported
Mixed
44 txns
Insider
RANKIN CLAIBORNE R
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, Reporting Person serves as Trustee of a Trust for the benefit of Claiborne R. Rankin);
Class B Common Stock — 100,000 shares (Indirect, spouses proportionate LP interst in shares held in RA1);
Class A Common Stock — 0 shares (Direct, null)
Footnotes (1)
- Award-Shares of Class A Common Stock awarded to the Reporting Person as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan Reporting Person disclaims beneficial ownership of all such shares. N/A proportionate limited partnership interest in shares of Rankin Associates, IV, L.P. held by the Trust for the benefit of Reporting Person, as general partner.
Key Figures
Equity award: 1,055 Class A shares
Grant price: $0.00 per share
Trust Class A holdings: 246,575 shares
+4 more
7 metrics
Equity award
1,055 Class A shares
Grant under Non-Employee Directors' Equity Compensation Plan
Grant price
$0.00 per share
Director equity award of Class A Common Stock
Trust Class A holdings
246,575 shares
Class A Common Stock held indirectly after award
Convertible Class B block
30,552 underlying shares
Class B stock held via trust for Claiborne R. Rankin
Largest Class B block
168,945 underlying shares
Spouse’s proportionate interest in Rankin Associates IV
Partnership Class B block
56,991 underlying shares
Proportionate LP interest in Rankin Associates II, L.P.
Spousal LP Class B block
100,000 underlying shares
Spouse’s proportionate LP interest in Rankin Associates I
Key Terms
Non-Employee Directors' Equity Compensation Plan, Required Shares, Class B Common Stock, beneficial ownership, +1 more
5 terms
Non-Employee Directors' Equity Compensation Plan financial
"shares of Class A Common Stock awarded under the company's Non-Employee Directors' Equity Compensation Plan"
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.
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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Hyster-Yale (HY) disclose for Claiborne R. Rankin?
Hyster-Yale disclosed that director Claiborne R. Rankin received an award of 1,055 Class A Common shares. The grant was made at a stated price of $0.00 per share under the Non-Employee Directors' Equity Compensation Plan and is held indirectly through a trust.
Is the Hyster-Yale (HY) Form 4 transaction a purchase or a compensation grant?
The Form 4 shows a compensation-related grant coded as an award acquisition, not an open-market purchase. The 1,055 Class A shares were granted at a price of $0.00 under the Non-Employee Directors' Equity Compensation Plan, reflecting director equity compensation rather than trading activity.
What indirect holdings in Hyster-Yale (HY) Class B stock are reported in this Form 4?
The Form 4 lists several indirect holdings of Class B Common Stock, each convertible into specified numbers of Class A shares, such as 30,552 and 56,991 underlying shares. These positions are held through trusts and Rankin family partnership entities, with beneficial ownership disclaimed.