Form 4: Hyster-Yale Officer Rajiv Prasad Reports Stock Award and Tax Withholding

Rajiv Prasad, an officer of a subsidiary at Hyster-Yale, reports the acquisition of Class A Common Stock through a Long-Term Incentive Plan (LTIP) award and the subsequent disposal of shares to cover tax obligations.

Summary

• On February 14, 2025, Rajiv Prasad, an officer of a subsidiary of Hyster-Yale, Inc., acquired shares of Class A Common Stock through a Long-Term Incentive Compensation Plan (LTIP) award.
• On the same day, Prasad disposed of shares to satisfy tax withholding obligations related to the LTIP stock award.
• The acquisition involved 72,205 shares at $0 per share.
• The disposal involved 14,328 shares at $52.767 per share.
• Following these transactions, Prasad beneficially owns 164,589 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 insider ownership.

Key Dates

Keywords

Form 4, Hyster-Yale, Rajiv Prasad, LTIP, Class A Common Stock, Beneficial Ownership, Tax Withholding