Hyster-Yale (NYSE: HY) VP granted shares, 169 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hyster-Yale, Inc. executive Dena McKee, VP, Controller and Chief Accounting Officer, reported a stock-based compensation grant and related tax share surrender. She received 1,567 shares of Class A Common Stock as an LTIP Award under the company’s Long-Term Incentive Compensation Plan.
To cover tax withholding on this LTIP Award, McKee surrendered 169 shares to the company in a mandatory cashless exercise at $36.66 per share. After these transactions, she directly holds 3,683 Class A shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McKee Dena
Role
VP, Controller and CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,567 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 169 | $36.66 | $6K |
Holdings After Transaction:
Class A Common Stock — 3,852 shares (Direct)
Footnotes (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 share that Reporting person surrendered to Company in order to satisfy his/her tax withholding obligations with respect to his/her LTIP Award.
FAQ
What insider transaction did Hyster-Yale (HY) executive Dena McKee report?
Dena McKee reported receiving 1,567 Class A shares as a long-term incentive award. She also surrendered 169 shares back to Hyster-Yale to satisfy tax withholding obligations tied to that award, as reflected in the Form 4 filing.
What do the Form 4 transaction codes A and F mean for Hyster-Yale (HY)?
Code A reflects McKee’s acquisition of 1,567 shares through a grant or award. Code F reflects the tax-withholding disposition, where 169 shares were delivered back to Hyster-Yale to cover her LTIP-related tax liability.