Form 4: Hyster-Yale Insider John C. Butler Jr. Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


John C. Butler Jr., a director and member of a group at Hyster-Yale, reported adjustments in Class A and Class B shares due to a contribution to AMR Associates, LP.

Summary

  • On March 12, 2025, John C. Butler Jr., a director at Hyster-Yale, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
  • The changes involve adjustments in Class A and Class B shares due to an additional contribution of Class B shares to AMR Associates, LP by a new limited partner.
  • Butler disclaims beneficial ownership of shares held indirectly through various trusts and partnerships, including those for the benefit of his spouse and children.
  • The reported transactions do not involve a purchase or sale of shares but rather adjustments in holdings.
  • Butler's direct holdings include 9,205 Class A Common Stock.
  • Indirect holdings include Class A Common Stock held by spouse's partnership interest (153,313 shares), child's partnership interest (1,967 shares), trusts for children (12,700 and 12,388 shares), trusts for spouse (2,647 and 183,605 shares), an individual retirement account (2,800 shares), and a trust for the reporting person (54,319 shares).
  • Indirect holdings also include Class B Common Stock through various trusts and partnerships for spouse and children.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their holdings and transactions in the company's stock. It allows investors to monitor the actions of those with privileged information.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider ownership.
  • It helps maintain investor confidence by ensuring compliance with securities regulations.

Key Dates

DateDescription
03/12/2025Date of the transaction involving adjustments in Class A and Class B shares.
03/14/2025Date of signature by attorney-in-fact for the reporting person.

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