Form 4: Hyster-Yale Director Carolyn Corvi Acquires Shares Under Equity Compensation Plan
SEC Form 4 Filing
Director Carolyn Corvi acquired 528 shares of Hyster-Yale, Inc. Class A Common Stock on July 1, 2024, as part of the company's Non-Employee Directors' Equity Compensation Plan.
Summary
- On July 1, 2024, Carolyn Corvi, a director of Hyster-Yale, Inc., acquired 528 shares of Class A Common Stock.
- The acquisition was made under the company's Non-Employee Directors' Equity Compensation Plan.
- The price per share was $0.
- Following the transaction, Corvi directly owns 22,342 shares of Class A Common Stock.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices and alignment of interests.
Positives
- The acquisition of shares by a director demonstrates alignment with shareholder interests.
Industry Context
This type of equity compensation is common for non-employee directors to align their interests with those of the shareholders.
Stakeholder Impact
- The transaction signals director commitment to the company, which can positively influence shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Carolyn Corvi acquired shares of Class A Common Stock. |
| 07/03/2024 | Date of signature on the Form 4 filing. |
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