Form 4: Clara Rankin Butler Trust Reports Changes in Hyster-Yale, Inc. Beneficial Ownership

Sentiment:

SEC Form 4 Filing


The Clara Rankin Butler 2002 Trust reported adjustments to its beneficial ownership of Hyster-Yale, Inc. shares due to a partnership agreement amendment.

Summary

  • On June 13, 2024, the Clara Rankin Butler 2002 Trust reported changes in its beneficial ownership of Hyster-Yale, Inc. stock.
  • The changes are due to an amendment to the partnership agreement, which restructured partnership share classes.
  • This restructuring caused adjustments in the number of shares allocated to the partners.
  • The trust indirectly owns 2,085 shares of Class A Common Stock through a proportionate partnership interest held by AMR Associates LP.
  • The trust directly owns 12,032 shares of Class A Common Stock.
  • The trust indirectly owns 1,691 shares of Class A Common Stock through a proportionate partnership interest held by AMR Associates LP.
  • The trust indirectly owns 18,104 shares of Class A Common Stock through proportionate limited partnership interests in shares held by Rankin Associates II.
  • The trust indirectly owns 461 shares of Class A Common Stock through proportionate interests held in shares in Rankin Associates V.
  • The trust indirectly owns 634 shares of Class A Common Stock through a proportionate interest of shares held by Rankin Associates VI held in trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership, which is common for trusts and individuals holding significant positions in publicly traded companies. It doesn't necessarily indicate a change in the company's performance or outlook but rather reflects internal restructuring within the reporting person's investment vehicles.

Stakeholder Impact

  • The changes in beneficial ownership may have a minor impact on shareholders, as it reflects internal restructuring within a major shareholder's investment vehicles.

Key Dates

DateDescription
11/05/2002Date of the Clara Rankin Butler 2002 Trust
06/13/2024Date of the earliest transaction reported
06/17/2024Date of signature by attorney-in-fact

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