Hillman Solutions (HLMN) CEO records tax-withholding share correction
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hillman Solutions Corp. President & CEO Jon Michael Adinolfi reported an administrative tax-withholding share transfer. On April 2, 2026, 10,367 shares of common stock were disposed at $8.14 per share to correct an earlier tax underwithholding tied to March 7, 2026 award vestings. Following this correction, he directly holds 911,227 shares of common stock. The transaction reflects tax withholding related to equity compensation rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Adinolfi Jon Michael
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 10,367 | $8.14 | $84K |
Holdings After Transaction:
Common Stock — 911,227 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 10,367 shares
Withholding share price: $8.14 per share
Shares held after transaction: 911,227 shares
+1 more
4 metrics
Shares withheld for taxes
10,367 shares
Tax-withholding disposition on April 2, 2026
Withholding share price
$8.14 per share
Price used for additional tax withholding
Shares held after transaction
911,227 shares
CEO’s direct common stock holdings post-transaction
Tax-withholding shares count
10,367 shares
Reported as tax-withholding in transaction summary
Key Terms
tax-withholding disposition, award vestings, tax underwithholding administrative error
3 terms
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
award vestings financial
"related to 3/7/2026 award vestings to correct a tax underwithholding"
tax underwithholding administrative error financial
"to correct a tax underwithholding administrative error"
FAQ
What insider transaction did Hillman Solutions (HLMN) report for its CEO?
Hillman Solutions reported that President & CEO Jon Michael Adinolfi had 10,367 common shares withheld for taxes at $8.14 per share. This was an administrative tax-withholding transaction, not an open-market trade, tied to earlier equity award vestings.
Was the Hillman Solutions (HLMN) CEO’s transaction an open-market sale?
No. The filing describes the event as a tax-withholding disposition to address an earlier underwithholding error. Shares were withheld by the company for tax purposes related to equity award vestings, rather than sold by the CEO in the open market.