Form 4: Hyster-Yale Officer Charles F. Pascarelli Reports Stock Award and Tax Obligation Fulfillment
SEC Form 4 Filing
Charles F. Pascarelli, an officer of a subsidiary of Hyster-Yale, Inc., reports the acquisition of Class A Common Stock through a Long-Term Incentive Plan (LTIP) award and the subsequent surrender of shares to cover tax obligations.
Summary
- On February 14, 2025, Charles F. Pascarelli, an officer of a subsidiary of Hyster-Yale, Inc., acquired 13,063 shares of Class A Common Stock through a Long-Term Incentive Plan (LTIP) award at $0.
- On the same day, Pascarelli surrendered 2,017 shares of Class A Common Stock at $52.767 to satisfy tax withholding obligations related to the LTIP stock award.
- Following these transactions, Pascarelli beneficially owns 57,435 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the officer's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 02/14/2025 | Date of stock award and tax obligation fulfillment. |
| 02/17/2025 | Date of signature by attorney-in-fact. |
Keywords
Form 4, Hyster-Yale, Pascarelli, LTIP, Class A Common Stock, Beneficial Ownership, Officer, Subsidiary, Tax Withholding
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