Form 4: Hyster-Yale Executive Reports Stock Award and Tax Obligation Fulfillment

Suzanne Schulze Taylor, Senior VP, GC and Secretary of Hyster-Yale, reports acquisition of stock through a Long-Term Incentive Plan and disposition of shares to cover tax obligations.

Summary

• On February 14, 2025, Suzanne Schulze Taylor, a Senior VP, GC, and Secretary at Hyster-Yale, reported transactions involving Class A Common Stock.
• Taylor acquired 7,931 shares of Class A Common Stock through a Long-Term Incentive Plan (LTIP) award at $0.
• Taylor disposed of 1,205 shares of Class A Common Stock at $52.767 to satisfy tax withholding obligations related to the LTIP stock award.
• Following these transactions, Taylor directly owns 40,083 shares held in trust.
• Taylor also has indirect ownership of 1,030 shares held by spouse in IRA and 2,032 shares held by Reporting Person in IRA.

Sentiment

Score: 6

Explanation: Neutral sentiment as the filing reflects standard executive compensation practices and tax obligations. No significant positive or negative implications are apparent.

Positives

• Acquisition of shares through the Long-Term Incentive Compensation Plan suggests confidence in the company's future performance.

Negatives

• Disposition of shares to cover tax obligations, while standard, slightly reduces the executive's holdings.

Management Comments

• Reporting Person disclaims beneficial ownership of all such shares held by spouse in IRA.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge executive sentiment and potential future stock performance.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.

Key Dates

Keywords

Hyster-Yale, Insider Trading, Form 4, LTIP, Stock Award, Beneficial Ownership, Executive Compensation, Taylor, HY