RANKIN CORBIN 4

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.