Form 4: Hyster-Yale Insider John C. Butler Jr. Reports Changes in Beneficial Ownership
SEC Filing
John C. Butler Jr., a director and member of a group at Hyster-Yale, reported adjustments in share allocations due to a partnership agreement restructuring.
Summary
- On June 13, 2024, John C. Butler Jr., a director and member of a group at Hyster-Yale, filed a Form 4 indicating changes in beneficial ownership of Class A Common Stock and Class B Common Stock.
- The changes reflect an amendment to the partnership agreement, leading to a restructuring of partnership share classes and subsequent adjustments in the number of shares allocated to the partners.
- Butler disclaims beneficial ownership of shares held by his spouse's and children's partnerships and trusts.
- The reported transactions involve both direct and indirect ownership, including shares held in trusts and individual retirement accounts.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for corporate insiders to report changes in their ownership of company securities, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of the earliest transaction and the date of the reported changes in beneficial ownership. |
| 06/17/2024 | Date of signature by attorney-in-fact, Suzanne S. Taylor. |
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