RANKIN CORBIN 4
4 · HYSTER-YALE, INC. · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Hyster-Yale (HY) Member of Group Rankin Corbin Gifts 1,349 Shares
What Happened
Rankin Corbin, listed as a "Member of a Group" on Hyster-Yale (HY)'s Form 4, reported two gift transactions on 2026-05-29 disposing of derivative securities: 1,057 shares and 292 shares, for a total of 1,349 shares. Both transactions are recorded as gifts (transaction code G) at $0.00 per share, so no cash proceeds were received. The Form categorizes these as "Derivative" transactions rather than open-market common stock sales.
Key Details
- Transaction date: 2026-05-29 (filed on 2026-06-01; filing lists the transaction date and the filing date).
- Shares gifted: 1,057 and 292 (total 1,349); price per share reported as $0.00; total proceeds $0.
- Security type: Reported as "Derivative" on the Form 4 (not an open-market sale).
- Footnotes: F1 and F6 state the reporting person disclaims beneficial ownership of all such shares. Other footnotes listed as N/A.
- Shares owned after transaction: Not specified in this filing.
- Timeliness: Filing date is shown; the report does not indicate a late filing flag.
Context
Gifts are transfers for estate planning, personal reasons, charitable giving, or other non-market transactions and generally do not signal the insider's view of the company's prospects. Because these were derivative securities (per the Form 4), the transfers were of derivative interests rather than a standard open-market sale of common stock. The reporting person also disclaims beneficial ownership of the shares per the footnotes, which may affect how much control or economic interest they retain.
Insider Transaction Report
- Gift
Class B Common Stock
[F2][F6]2026-05-29−1,057→ 0 total(indirect: By Spouse)→ Class A Common Stock (1,057 underlying) - Gift
Class B Common Stock
[F2][F6]2026-05-29−292→ 0 total(indirect: By Spouse)→ Class A Common Stock (292 underlying)
- 5,322(indirect: By Trust)
Class A Common Stock
- 14,333
Class A Common Stock
- 299,948(indirect: By Trust)
Class A Common Stock
[F1] - 40,000(indirect: Reporting Person's LP interest in shares held in RA1)
Class B Common Stock
[F2]→ Class A Common Stock (40,000 underlying) - 3,686(indirect: Reporting Person's proportionate interests in shares held by Rankin Associates II, L.P)
Class B Common Stock
[F2]→ Class A Common Stock (3,686 underlying) - 377(indirect: Proportionate interests held in shares in Rankin Associates V)
Class B Common Stock
[F2]→ Class A Common Stock (377 underlying) - 635(indirect: Reporting person's proportionate interest in shares held by Rankin Associates VI)
Class B Common Stock
[F2]→ Class A Common Stock (635 underlying) - 170,110(indirect: By Partnership)
Class B Common Stock
[F3][F4][F5]→ Class A Common Stock (170,110 underlying) - 54,029(indirect: By Trust)
Class B Common Stock
[F2][F6]→ Class A Common Stock (54,029 underlying) - 54,029(indirect: By Trust)
Class B Common Stock
[F2][F6]→ Class A Common Stock (54,029 underlying) - 54,029(indirect: By Trust)
Class B Common Stock
[F2][F6]→ Class A Common Stock (54,029 underlying) - 20,160(indirect: By Trust)
Class B Common Stock
[F7][F8][F9][F6]→ Class A Common Stock (20,160 underlying) - 20,160(indirect: By Trust)
Class B Common Stock
[F10][F11][F12][F6]→ Class A Common Stock (20,160 underlying) - 20,160(indirect: By Trust)
Class B Common Stock
[F13][F14][F15][F6]→ Class A Common Stock (20,160 underlying) - 50(indirect: By Trust)
Class B Common Stock
[F2][F6]→ Class A Common Stock (50 underlying) - 70,624(indirect: By Spouse)
Class B Common Stock
[F2][F6]→ Class A Common Stock (70,624 underlying) - 52,868(indirect: By Spouse)
Class B Common Stock
[F2][F6]→ Class A Common Stock (52,868 underlying) - 3,950(indirect: By Spouse)
Class B Common Stock
[F2][F6]→ Class A Common Stock (3,950 underlying) - 80(indirect: By Spouse)
Class B Common Stock
[F2][F6]→ Class A Common Stock (80 underlying) - 100(indirect: By Spouse)
Class B Common Stock
[F2][F6]→ Class A Common Stock (100 underlying)
Footnotes (15)
- [F1]Reporting Person disclaims beneficial ownership of all such shares.
- [F10]N/A
- [F11]N/A
- [F12]N/A
- [F13]N/A
- [F14]N/A
- [F15]N/A
- [F2]N/A
- [F3]N/A
- [F4]N/A
- [F5]N/A
- [F6]Reporting Person disclaims beneficial ownership of all such shares.
- [F7]N/A
- [F8]N/A
- [F9]N/A