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 CHLOE O

(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)
07/01/2026
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 07/01/2026   A (1)   1,055 A $ 0 246,575 I spouse serves as Trustee of a Trust for the benefit of Claiborne R. Rankin (2)
Class A Common Stock               5,416 I Spouse serves as Trustee of Trusts for the benefit of the Estate of Alfred M. Rankin Sr.
Class A Common Stock               6,957 I serves as Trustee of a Trust for the benefit of Chloe O. Rankin
Class A Common Stock               0 I proportionate LP interest in shares held by RA1
Class A Common Stock               0 I proportionate limited partnership interests in shares held by Rankin Associates II, L.P
Class A Common Stock               0 I Proportionate interests held in shares in Rankin Associates V
Class A Common Stock               0 I Proportionate interest in shares held by Rankin Associates VI
Class A Common Stock               0 I Proportionate limited partnership interest in shares of RA IV
Class A Common Stock               0 I Spouse is Trustee of BTR 2020 GST trust fbo Chloe Seelbach (2)
Class A Common Stock               0 I spouses proportionate GP interest in shares of RA IV (2)
Class A Common Stock               10,631 I DNF - Reflects proportionate interests in shares held by RA2, spouse as co-trustee (not trustee) (2)
Class A Common Stock               769 I DNF - spouse is trustee of trust for the benefit of Reporting Person's child (no longer trustee) (2)
Class A Common Stock               0 I spouse proportionate limited partnership interest in shares held by RA I LP (2)
Class A Common Stock               0 I spouse's proportionate interest in shares held by RAII (2)
Class A Common Stock               0 I Spouse's proportionate limited partnership interest in shares held by Rankin Associates IV, L.P (2)
Class A Common Stock               0 I Spouse's Interest in Shares held by Rankin Associates V (2)
Class A Common Stock               0 I Spouse's proportionate interest in shares held in Rankin Associates VI (2)
Class A Common Stock               0 I Spouse is Trustee of BTR 2020 GST trust fbo Clay Rankin Jr (2)
Class A Common Stock               0 I spouse's proportionate interest in shares held by Rankin Management, Inc. ("RMI) (2)
Class A Common Stock               0 I Spouse's interest in shares held by RA5 held by Rankin Management (2)
Class A Common Stock               0 I Spouse's interest in shares held by RA6 held by Rankin Management (2)
Class A Common Stock               0 I DNF - By Spouse
Class A Common Stock               0 I Spouse serves as trustee of GSTs for the benefit of Chloe R. Seelbach (2)
Class A Common Stock               0 I Spouse serves as trustee of GSTs for the benefit of Claiborne Rankin Jr. (2)
Class A Common Stock               188 I DNF - Spouse serves as trustee of GSTs fbo Julia Kuipers (no longer Trustee 6/5/26) (2)
Class A Common Stock               0 I Spouse is Trustee of BTR 2020 GST trust fbo Julia Kuipers (2)
Class A Common Stock               13,631 I DNF - spouse is trustee for child's proportionate LP interest in shares held by RA2 (not trustee) (2)
Class A Common Stock               10,242 I DNF - spouse is Co-Trustee for the benefit of Reporting Person's child (no longer trustee) (2)
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 56,991   56,991 I spouse's proportionate interest in shares held by RAII (2)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 100,000   100,000 I proportionate LP interest in shares held by RA1
Class B Common Stock (3)               (3)   (3) Class A Common Stock 3,956   3,956 I proportionate limited partnership interests in shares held by Rankin Associates II, L.P
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 by Rankin Associates VI
Class B Common Stock (3)               (3)   (3) Class A Common Stock 168,945   168,945 I Spouse's proportionate limited partnership interest held in shares in RA IV (2)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 20,159   20,159 I Spouse is Trustee of BTR 2020 GST trust fbo Chloe Seelbach (2)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 50   50 I spouses proportionate GP interest in shares of RA IV (2)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 40,624   40,624 I spouse proportionate limited partnership interest in shares held by RA I LP (2)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 1,165   1,165 I proportionate limited partnership interest in shares held by Rankin Associates IV, L.P (2)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 20,159   20,159 I Spouse is Trustee of BTR 2020 GST trust fbo Clay Rankin Jr (2)
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) (2)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 80   80 I Spouse's interest in shares held by RA5 held by Rankin Management (2)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 100   100 I Spouse's interest in shares held by RA6 held by Rankin Management (2)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 30,552   30,552 I spouse serves as Trustee of a Trust for the benefit of Claiborne R. Rankin (2)
Class B Common Stock (3)               (3)   (3) Class A Common Stock 20,160   20,160 I Spouse is Trustee of BTR 2020 GST trust fbo Julia Kuipers (2)
Explanation of Responses:
1. Spouse's Award-Shares of Class A Common Stock awarded to the Reporting Person's Spouse as "Required Shares" under the company's Non-Employee Directors' Equity Compensation Plan.
2. Reporting Person disclaims beneficial ownership of all such shares.
3. N/A
/s/ Suzanne S. Taylor, attorney-in-fact 07/06/2026
** 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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