Form 4: Griffin Bedwell Butler Reports Changes in Hyster-Yale, Inc. Beneficial Ownership

Sentiment:

SEC Form 4


Griffin Bedwell Butler, a member of a group, reports changes in beneficial ownership of Hyster-Yale, Inc. stock due to a partnership agreement amendment.

Summary

  • On June 13, 2024, Griffin Bedwell Butler reported changes in their 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.
  • Butler's holdings include Class A Common Stock held directly and indirectly through AMR Associates LP, Rankin Associates II, Rankin Associates V, and Rankin Associates VI.
  • The reported transactions involve both non-derivative and derivative securities, specifically Class A and Class B Common Stock.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership, which is common for individuals and entities with significant holdings in publicly traded companies. It doesn't necessarily indicate a change in the company's performance or outlook but provides transparency to investors.

Stakeholder Impact

  • The changes in beneficial ownership may be of interest to shareholders, but the impact is likely minimal as it stems from internal partnership restructuring rather than external market factors.

Key Dates

DateDescription
11/5/2002Date of Griffin Bedwell Butler 2002 Trust DTD
06/13/2024Date of earliest transaction and partnership share class restructuring
06/17/2024Date of signature by attorney-in-fact

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