FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person *
RANKIN ALISON A

(Last) (First) (Middle)
5875 LANDERBROOK DRIVE

(Street)
MAYFIELD HEIGHTS OH 44124

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
HYSTER-YALE, INC. [ HY ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
Officer (give title below) X Other (specify below)
Member of a Group
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock               19,951 I Reporting Person serves as Trustee of a Trust for the benefit of Alison Rankin
Class A Common Stock               475 I Reporting person serves as Trustee for the benefit of Elisabeth Rankin (1) (2)
Class A Common Stock               765 I Reporting person serves as trustee of trust fbo Elisabeth M. Rankin (1)
Class A Common Stock               3,702 I Reporting person serves as Trustee for the benefit of Reporting Person's daughter. (1)
Class A Common Stock               1,240 I Reporting person serves as Trustee for the benefit of A. Farnham Rankin (1)
Class A Common Stock               7,476 I Trustee for the benefit of Reporting Person's daughter. (1)
Class A Common Stock               3,781 I Reporting person serves as Trustee of GSTs for the benefit of A. Farnham Rankin (1)
Class A Common Stock               3,781 I Reporting person serves as Trustee of GSTs for the benefit of Elisabeth M. Rankin (1)
Class A Common Stock               335,286 I Reporting person serves as co-Trustee of Trust fbo Roger F. Rankin's estate (1)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B Common Stock (3)               (3)   (3) Class A Common Stock 20   20 I Reporting person's spouse serves as Trustee for the benefit of Elisabeth Rankin (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 151,008   151,008 I proportionate limited partnership interest in shares held by Rankin Associates I, L.P
Class B Common Stock (3)               (3)   (3) Class A Common Stock 61,808   61,808 I Reporting Person?s proportionate interests in shares held by Rankin Associates II.
Class B Common Stock (3)               (3)   (3) Class A Common Stock 377   377 I Proportionate interests held in shares in Rankin Associates V
Class B Common Stock (3)               (3)   (3) Class A Common Stock 635   635 I Proportionate interest in shares held in Rankin Associates VI
Class B Common Stock (4)               (5)   (6) Class A Common Stock 170,110   170,110 I Proportionate limited partnership interest held in shares of RA IV
Class B Common Stock (7)               (8)   (9) Class A Common Stock 20,162   20,162 I Reporting person serves as Trustee of BTR 2020 GST trust fbo Anne Rankin (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 1,134   1,134 I Child's proportionate interest in shares held by Rankin Associates V (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 535   535 I Child's proportionate interest in shares held by Rankin Associates VI (1)
Class B Common Stock (10)               (11)   (12) Class A Common Stock 20,162   20,162 I Reporting person serves as Trustee of BTR 2020 GST trust fbo Elisabeth Rankin (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 1,134   1,134 I Child's proportionate interest in shares held by Rankin Associates V (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 535   535 I Child's proportionate interest in shares held by Rankin Associates VI (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 67,924   67,924 I Reporting person serves as Trustee of GSTs for the benefit of Elisabeth M. Rankin (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 67,924   67,924 I Reporting person serves as Trustee of GSTs for the benefit of A. Farnham Rankin (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 50   50 I Reporting Person's spouse's proportionate GP interest in shares of Rankin Associates IV (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 9,616   9,616 I Spouses proportionate LP interest in shares held by RA1 (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 1,057   1,057 I Spouse's proportionate interests in shares held by Rankin Associates V (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 292   292 I Spouse's proportionate interest in shares held by Rankin Associates VI (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 3,950   3,950 I spouse's proportionate interest in shares held by Rankin Management, Inc. ("RMI"). (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 80   80 I Spouse's interest in shares of Rankin Associates V held by Rankin Management, Inc. ("RMI") (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 100   100 I Spouse's interest in shares of Rankin Associates VI held by Rankin Management, Inc. ("RMI") (1)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 41,077   41,077 I Child?s trust?s proportionate interests in shares held by Rankin Associates II. (1)
Class B Common Stock (3) 06/15/2026   S     20   (3)   (3) Class A Common Stock 20 $ 38.295 51,116 I Reporting person serves as Trustee of Trust fbo Roger F. Rankin's estate (1)
Class B Common Stock (3) 06/15/2026   P   20     (3)   (3) Class A Common Stock 20 $ 38.295 44,873 I Child?s trust?s proportionate interests in shares held by Rankin Associates II. (1)
Explanation of Responses:
1. Reporting Person disclaims beneficial ownership of all such shares.
2. Reporting Person was appointed as trustee of the applicable trust
3. N/A
4. N/A
5. N/A
6. N/A
7. N/A
8. N/A
9. N/A
10. N/A
11. N/A
12. N/A
/s/ Suzanne S. Taylor, attorney-in-fact 06/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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