RANKIN VICTOIRE G 4
Research Summary
AI-generated summary
HYSTER-YALE (HY) — Victoire G. Rankin Receives LTIP Award, Surrenders Shares
What Happened
- Victoire G. Rankin (reporting person; filing notes these are awards to the reporting person’s spouse and the reporting person disclaims beneficial ownership) disclosed an LTIP award and related tax-withholding share surrender. On 2026-02-27, 25,516 shares of HYSTER-YALE Class A common stock were acquired as an LTIP award (code A) at $0.00. On the same date, 1,894 shares were surrendered/disposed (code F) at an implied value of $36.66 per share to satisfy tax withholding obligations, totaling $69,434.
Key Details
- Transaction dates: 2026-02-27 (award and tax-withholding surrender)
- Award: 25,516 shares granted under the company’s Long-Term Incentive Compensation Plan (code A)
- Surrender for taxes: 1,894 shares surrendered at $36.66/share, value $69,434 (code F)
- Shares owned after transaction: Reporting person disclaims beneficial ownership of these shares per filing (footnote F2)
- Footnotes: F1 = spouse’s LTIP award; F3 = spouse’s mandatory cashless-exercise/award shares surrendered to satisfy tax withholding; F4 = N/A
- Filing: Report filed 2026-03-03 reporting transactions dated 2026-02-27 (filing date noted in Form 4)
Context
- This was an equity award (not an open-market purchase). The 1,894-share disposition was a tax-withholding action (a common, administrative step when LTIP awards vest) rather than a discretionary sale signaling sentiment. The reporting person disclaims beneficial ownership, indicating the recorded transactions relate to the reporting person’s spouse.