Hyster-Yale director reports small share gifts
HYSTER-YALE, INC. director Claiborne R. Rankin reported two indirect “bona fide gift” transactions in Class B Common Stock on May 29, 2026.
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Form Type
4
Rhea-AI Filing Summary
HYSTER-YALE, INC. director Claiborne R. Rankin reported two indirect “bona fide gift” transactions in Class B Common Stock on May 29, 2026. Entities associated with him gifted a total of 447 Class B shares (292 and 155 shares), each convertible into the same number of Class A shares at a stated exercise price of $0.00 per share.
The filing mainly updates numerous indirect trust and partnership holdings, with many entries simply restating positions and showing zero change in share counts. The reporting person disclaims beneficial ownership of all such shares, and the gifts do not involve open-market sales or purchases.
Insider Trade Summary
447 shares gifted
Gift
25 txns
Insider
RANKIN CLAIBORNE R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class B Common Stock | 155 | $0.00 | $0.00 |
| Gift | Class B Common Stock | 292 | $0.00 | $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 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 contracts (Indirect, Interest in Shares held by Rankin Associates V);
Class B Common Stock — 0 contracts (Indirect, Proportionate interest in shares held by Rankin Associates VI);
Class B Common Stock — 100,000 contracts (Indirect, spouses proportionate LP interst in shares held in RA1);
Class B Common Stock — 3,956 contracts (Indirect, spouse's proportionate limited partnership interest in shares held by Rankin Associates II LP);
Class B Common Stock — 377 contracts (Indirect, Spouse's proportionate interests held in shares in Rankin Associates V);
Class B Common Stock — 635 contracts (Indirect, Spouse's proportionate interest in shares held by Rankin Associates VI);
Class B Common Stock — 168,945 contracts (Indirect, Spouse's proportionate interest held in shares in RA IV);
Class B Common Stock — 20,159 contracts (Indirect, Serves as Trustee of BTR 2020 GST trust fbo Chloe Seelbach);
Class B Common Stock — 50 contracts (Indirect, Proportionate general partnership interest in shares held in RAIV);
Class B Common Stock — 40,624 contracts (Indirect, proportionate limited partnership interest in shares held by Rankin Associates I, L.P);
Class B Common Stock — 56,991 contracts (Indirect, _proportionate limited partnership interests in shares held by Rankin Associates II, L.P);
Class B Common Stock — 1,165 contracts (Indirect, proportionate limited partnership interest in shares held by Rankin Associates IV, L.P);
Class B Common Stock — 20,159 contracts (Indirect, Serves as Trustee of BTR 2020 GST trust fbo Clay Rankin Jr);
Class B Common Stock — 80 contracts (Indirect, Interest in shares held by RAV held by Rankin Management, Inc. ("RMI"));
Class B Common Stock — 100 contracts (Indirect, Interest in shares held by RAVI held by Rankin Management, Inc. ("RMI"));
Class B Common Stock — 3,950 contracts (Indirect, proportionate interest in shares held by Rankin Management, Inc. ("RMI"));
Class B Common Stock — 30,552 contracts (Indirect, Reporting Person serves as Trustee of a Trust for the benefit of Claiborne R. Rankin);
Class B Common Stock — 54,030 contracts (Indirect, Serves as Trustee of GSTs for the benefit of Chloe Seelbach);
Class B Common Stock — 54,030 contracts (Indirect, Serves as Trustee of the GSTs for the benefit of Claiborne Rankin Jr.);
Class B Common Stock — 54,030 contracts (Indirect, Serves as Trustee of the GSTs for the benefit of Julia R. Kuipers);
Class B Common Stock — 20,160 contracts (Indirect, Serves as Trustee of BTR 2020 GST trust fbo Julia Kuipers);
Class A Common Stock — 5,416 shares (Indirect, Reporting Person serves as Trustee of Trusts for the benefit of the Estate of Alfred M. Rankin Sr.);
Class A Common Stock — 6,957 shares (Indirect, Held in trust fbo Reporting Person's spouse.);
Class A Common Stock — 245,520 shares (Indirect, Reporting Person serves as Trustee of a Trust for the benefit of Claiborne R. Rankin);
Class A Common Stock — 188 shares (Indirect, Serves as Trustee of the GSTs for the benefit of Julia R. Kuipers)
Footnotes (3)
- F1. Reporting Person disclaims beneficial ownership of all such shares.
- F2. N/A
- F3. 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
Gifted shares total: 447 Class B shares
First gift size: 292 Class B shares
Second gift size: 155 Class B shares
+5 more
8 metrics
Gifted shares total
447 Class B shares
Two bona fide gift transactions on May 29, 2026
First gift size
292 Class B shares
Proportionate interest in Rankin Associates VI
Second gift size
155 Class B shares
Interest in shares held by Rankin Associates V
Exercise price
$0.00 per share
Class B into Class A Common Stock, as reported
Class A trust holding
245,520 Class A shares
Trust for benefit of Claiborne R. Rankin
Large partnership interest
168,945 underlying shares
Spouse’s proportionate interest in Rankin Associates IV, L.P.
Holding entries count
23 entries
Transactions classified as holdings in summary
Gift transactions count
2 gifts
Bona fide gifts of Class B Common Stock
Key Terms
bona fide gift, indirect ownership, beneficial ownership, limited partnership interest, +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""
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.
limited partnership interest financial
"proportionate limited partnership interest in shares held by Rankin Associates IV, L.P"
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.
trustee financial
"Serves as Trustee of the GSTs for the benefit of Julia R. Kuipers"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HY director Claiborne R. Rankin report in this Form 4?
He reported two indirect bona fide gift transactions involving Class B Common Stock. The filing also lists multiple indirect trust and partnership holdings, many of which simply restate existing positions without changing share counts.
Were there any open-market purchases or sales in this HY Form 4?
No open-market purchases or sales are shown. The only transactions with share movement are two bona fide gifts of Class B Common Stock. All other entries are reported as holdings, showing indirect positions in trusts and partnerships with no transaction code changes.
What does the $0.00 exercise price mean for HY Class B Common Stock here?
The filing states a $0.00 exercise price for the Class B Common Stock, with underlying Class A Common Stock in matching amounts. This reflects the conversion terms reported, not a market price, and does not indicate any cash paid in these gift transactions.
How many HY transactions in this Form 4 are classified as gifts?
The transaction summary shows two bona fide gift transactions totaling 447 shares. There are 23 additional entries labeled as holdings with unknown transaction codes, representing indirect positions in various trusts and limited partnerships associated with the reporting person.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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