Salgado Anthony J 4
4 · HYSTER-YALE, INC. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Hyster‑Yale (HY) Officer Anthony J. Salgado Receives 16,016 LTIP Shares
What Happened
Anthony J. Salgado, an officer of a Hyster‑Yale subsidiary, was awarded 16,016 shares of Class A common stock under the company's Long‑Term Incentive Plan (LTIP) on 2026-02-27 (award acquisition at $0.00). To cover tax withholding obligations, he surrendered 1,301 of those award shares in a mandatory cashless withholding at $36.66 per share, yielding proceeds/withholding value of $47,695.
Key Details
- Transaction date(s): 2026-02-27 (reported on Form 4 filed 2026-03-03).
- Award: 16,016 shares granted (code A) at $0.00 per share (LTIP award).
- Tax withholding: 1,301 shares surrendered (code F) at $36.66 per share; total $47,695.
- Footnotes: F1 = LTIP award; F2 = mandatory cashless exercise to satisfy tax withholding.
- Shares owned after the transaction: not disclosed in this filing.
- Filing timeliness: Form filed 2026-03-03 reporting 2026-02-27 transactions; no late‑filing flag indicated in the Form 4.
Context
This was primarily a compensation award (not an open‑market purchase). The surrender of shares was a routine, mandatory cashless action to satisfy tax withholding on the LTIP grant and does not by itself indicate a change in Salgado’s market view.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-02-27+16,016→ 86,755 total - Tax Payment
Class A Common Stock
[F2]2026-02-27$36.66/sh−1,301$47,695→ 85,454 total
Footnotes (2)
- [F1]LTIP Award-Shares of Class A Common Stock awarded to the Reporting Person under the company's Long-Term Incentive Compensation Plan
- [F2]Mandatory Cashless-Exercise-Award shares that Reporting Person surrendered to Company in order to satisfy his/her tax withholding obligations with respect to his/her LTIP Stock Award