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

Sentiment:

SEC Form 4 Filing


Director John C. Butler Jr. reports changes in beneficial ownership of Hyster-Yale Materials Handling, Inc. shares, including acquisitions and indirect holdings through trusts and partnerships.

Summary

  • On April 1, 2024, John C. Butler Jr., a director at Hyster-Yale Materials Handling, Inc., reported changes in his beneficial ownership of the company's stock.
  • He acquired 565 shares of Class A Common Stock as 'Required Shares' under the company's Non-Employee Directors' Equity Compensation Plan.
  • The report also details indirect ownership through various trusts and partnerships, including those held for the benefit of his children and spouse.
  • Butler disclaims beneficial ownership of shares held in these trusts and partnerships.
  • The report covers both Class A and Class B Common Stock, including derivative securities.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports changes in ownership.

Positives

  • The acquisition of 565 shares of Class A Common Stock demonstrates the director's continued investment in the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing is specific to an individual director's holdings and doesn't necessarily reflect broader industry trends.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding the ownership of company stock by a director.

Key Dates

DateDescription
04/01/2024Date of Earliest Transaction
04/03/2024Date of signature by attorney-in-fact

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