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HYSTER-YALE, INC.·4

Mar 3, 4:24 PM ET

Salgado Anthony J 4

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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.