Hyster‑Yale (HY) Trustee David B.H. Williams Receives 252-Share Gift
$HY · HYSTER-YALE, INC.Research Summary
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Hyster‑Yale (HY) Trustee David B.H. Williams Receives 252-Share Gift
What Happened
David B.H. Williams, acting as Trustee for the Margo Janison Victoire Williams 2004 Trust (listed as a member of a group), reported receiving two separate gifts of Hyster‑Yale (HY) securities on 2026-05-29. The gifts were for 94 shares and 158 shares, respectively — a total of 252 shares — each reported at $0.00 (no cash paid). The Form 4 lists these as derivative acquisitions (reported as "Derivative") and was filed with the SEC on 2026-06-01.
Key Details
- Transaction date: 2026-05-29; Filing date (Form 4): 2026-06-01 (Accession: 0001173514-26-000165).
- Items acquired: 94 shares (gift) and 158 shares (gift); price reported: $0.00; total shares acquired: 252.
- Reported as derivative acquisitions on the Form 4.
- Shares owned after the transaction: not specified in the filing.
- Footnotes: F1 — N/A.
- The trust is listed as a member of a group in the filing.
Context
Gifts reported on Form 4 reflect transfers of ownership (often for personal, estate-planning, or family reasons) and do not necessarily indicate the insider's view of the company's prospects. Because no cash was exchanged, these transactions are not purchases or sales and should be interpreted accordingly.