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, received an award of 1,055 shares of Class A common stock on 2026-07-01. The reported transaction type is an award/grant (code A) at an acquisition price of $0.00, so the filing shows $0 cash exchanged. The award is described as "Required Shares" under the company's Non‑Employee Directors' Equity Compensation Plan.
Key Details
- Transaction date: 2026-07-01; filing date (accession): 2026-07-06.
- Transaction type/code: Award/Grant (A). Price: $0.00. Shares received: 1,055.
- Shares owned after transaction: Not specified in this filing.
- Footnotes of note:
- F1: Shares were awarded as "Required Shares" under the Non‑Employee Directors' Equity Compensation Plan.
- F2: Reporting person disclaims beneficial ownership of all such shares.
- F4: References a proportionate limited partnership interest in shares of Rankin Associates, IV, L.P., held by a trust for the reporting person's benefit as general partner.
- Timeliness: Filed five days after the transaction (filed 2026-07-06 for a 2026-07-01 transaction), which is later than the standard two-business-day Form 4 deadline.
Context
Awards of shares to non‑employee directors are common as part of director compensation and do not represent an open‑market purchase or sale. The reporting person’s disclaimer of beneficial ownership and the limited partnership note indicate these shares may be held through related entities rather than as direct personal holdings. This type of award is typically a routine compensation event rather than a directional trading signal.