Form 4: Hyster-Yale Insider Griffin B. Butler Reports Changes in Beneficial Ownership

Griffin B. Butler, a member of a group related to Hyster-Yale, reported adjustments in share allocations due to a partnership agreement amendment.

Summary

• On June 13, 2024, Griffin B. Butler, a member of a group related to Hyster-Yale, filed a Form 4 to report changes in beneficial ownership.
• 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.
• Butler indirectly owns 2,085 Class A Common Stock shares through a proportionate partnership interest held by AMR Associates LP.
• He also indirectly holds 11,720 Class A Common Stock shares in trust, with his father as custodian.
• Additionally, Butler indirectly holds shares through Rankin Associates II (18,416 Class A Common Stock), Rankin Associates V (461 Class A Common Stock), and Rankin Associates VI (634 Class A Common Stock).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing changes in share ownership, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider activity and partnership restructuring, common in publicly traded companies.

Stakeholder Impact

• The changes in share allocation may have a minor impact on shareholders due to the restructuring of partnership share classes.

Key Dates