RANKIN CLAIBORNE R 4
Research Summary
AI-generated summary
Hyster‑Yale (HY) Director Rankin Claiborne Receives Award
What Happened
Rankin Claiborne R., a director of Hyster‑Yale, was granted 1,139 shares of Class A common stock on April 2, 2026. The Form 4 records this as an award/acquisition at $0.00 per share (total reported value $0). This was an equity award under the company’s non-employee director compensation plan, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-04-02. Transaction type/code: A (award/grant).
- Shares granted: 1,139 shares at $0.00 per share (total $0 reported).
- Shares owned after transaction: Not specified in the filing.
- Footnotes of note:
- F1: These are “Required Shares” awarded under the Non‑Employee Directors’ Equity Compensation Plan.
- F2: The reporting person disclaims beneficial ownership of these shares.
- F4: References a proportionate limited partnership interest through Rankin Associates, IV, L.P. held by a trust for the reporting person (ownership via entities/trust).
- Filing timeliness: Filed the same day as the report period (timely).
Context
This is a routine director compensation award and should be viewed as part of standard non‑employee director pay rather than a direct bullish purchase by the individual. The filer’s disclaimer of beneficial ownership and the noted entity/trust structure mean the economic ownership may be held through affiliated entities.