Small 20-share Hyster-Yale (NYSE: HY) insider sale reported via trust
Rhea-AI Filing Summary
HYSTER-YALE, INC. director and chairman Alfred M. Rankin Jr. reported a very small indirect open-market sale of 20 shares of Class B Common Stock at $38.295 per share on June 15, 2026, through a trust for Roger Rankin’s estate.
The filing mainly updates indirect holdings and trust, IRA, and partnership positions in Class A and Class B shares, with footnotes stating that Rankin disclaims beneficial ownership of these shares. Overall, the transactions leave substantial indirect interests in both classes of stock.
Positive
- None.
Negative
- None.
Insights
Tiny, indirect insider sale with largely unchanged overall exposure.
The Form 4 shows an indirect open-market sale of 20 shares of Class B Common Stock at $38.295 per share on June 15, 2026. The transaction is attributed to a trust for Roger Rankin’s estate where Alfred M. Rankin Jr. serves as co‑trustee, and he disclaims beneficial ownership.
Alongside this, numerous entries simply restate indirect holdings in trusts, IRAs, and partnerships, plus derivative-style Class B positions convertible into Class A at an exercise price of $0.0000. Underlying positions include blocks such as 14,160 and 18,390 Class A shares equivalents, indicating sizeable remaining exposure.
Given the very small sale size relative to the visible indirect positions and the disclaimer of beneficial ownership, this filing looks routine. It mainly updates the structure and scale of indirect holdings rather than signaling a meaningful change in Rankin’s effective economic exposure.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class B Common Stock | 20 | $38.295 | $765.90 |
| 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 | -- | -- | -- |
Footnotes (1)
- Reporting Person disclaims beneficial ownership of all such shares. N/A N/A