Form 4: HRB 2020 GST Trust Adjusts Ownership in Hyster-Yale, Inc. Following Partnership Restructuring

HRB 2020 GST Trust, a member of a group, reports adjustments to its beneficial ownership in Hyster-Yale, Inc. due to a partnership agreement restructuring.

Summary

• HRB 2020 GST Trust f/b/o Clara R. Butler, identified as a member of a group, filed a Form 4 regarding changes in beneficial ownership of Hyster-Yale, Inc. securities.
• The transaction date is June 13, 2024.
• The changes reflect an amendment to the partnership agreement, which restructured partnership share classes, leading to adjustments in the number of shares allocated to the partners.
• The trust indirectly owns 1,042 shares of Class A Common Stock through its percentage of ownership interest in AMR Associates partnership.
• The trust indirectly owns 845 derivative securities of Class B Common Stock, underlying 435 Class A Common Stock through its percentage of ownership interest in AMR Associates partnership.
• The trust indirectly owns 49,458 derivative securities of Class B Common Stock, underlying 49,458 Class A Common Stock through its percentage of ownership interest in Rankin Associates I partnership.
• The trust indirectly owns 10,796 derivative securities of Class B Common Stock, underlying 10,796 Class A Common Stock through its percentage of ownership interest in Rankin Associates II partnership.
• The trust indirectly owns 567 derivative securities of Class B Common Stock, underlying 567 Class A Common Stock through its percentage of ownership interest in Rankin Associates V partnership.
• The trust indirectly owns 267 derivative securities of Class B Common Stock, underlying 267 Class A Common Stock through its percentage of ownership interest in Rankin Associates VI partnership.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing reflecting changes in ownership due to internal restructuring, with no inherent positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders and significant shareholders.

Stakeholder Impact

• The changes in beneficial ownership may have a minor impact on shareholders, as the overall control and direction of the company remain unchanged.

Key Dates