McKee Dena 4

What Happened

• Dena McKee, Vice President, Controller and Chief Accounting Officer of Hyster‑Yale, was awarded 1,567 shares of Class A common stock under the company’s Long‑Term Incentive Plan (code A) on Feb 27, 2026 (acquired at $0.00 as compensation).
• On the same date she had 169 award shares surrendered (code F) to the company to satisfy tax withholding obligations; those 169 shares were valued at $36.66 each (total ≈ $6,196) and were treated as a disposition for withholding purposes.
• These actions represent a compensation grant and routine tax withholding, not an open‑market purchase or sale for investment.

Key Details

• Transaction date: 2026-02-27 (reported in Form 4 filed 2026-03-03).
• Award: 1,567 shares granted (reported acquisition price $0.00).
• Withholding/disposition: 169 shares surrendered at $36.66 each — proceeds/withholding ≈ $6,196.
• Footnotes: F1 = LTIP award shares under the Long‑Term Incentive Compensation Plan; F2 = mandatory cashless surrender of award shares to satisfy tax withholding.
• Shares owned after the transaction: not specified in the provided filing details.
• Filing timing: Form 4 was filed on Mar 3, 2026 for a Feb 27 transaction (Form 4s are typically due within two business days), so the filing appears later than the usual two‑business‑day window.

Context

• This was a compensation award (LTIP) with a mandatory surrender of a portion of the award to cover taxes — a common administrative step that does not indicate a market sale by the insider.
• For retail investors, grant awards increase insider ownership on paper but withheld shares reduce the net new shares taken home; neither action alone should be read as a strong buy/sell signal.