How was the share price determined for Douglas Cahill’s tax-withholding shares at Hillman (HLMN)?

The company used a share price of $8.14, matching the price that would have applied on March 7, 2026. This reflects the price used for the original withholding, aligning the correction with the prior tax treatment.

Hillman Solutions (HLMN) chair uses 18,258 shares to cover tax bill

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Hillman Solutions Corp. director and Executive Chairman Douglas Cahill reported a routine tax-related share disposition. On April 2, 2026, 18,258 shares of common stock were withheld at $8.14 per share to cover additional taxes tied to March 7, 2026 award vestings, correcting a prior underwithholding. After this adjustment, Cahill directly holds 724,359 common shares. The filing describes this as tax withholding rather than an open-market sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Cahill Douglas

Role COB, Executive Chairman

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	18,258	$8.14	$149K

Holdings After Transaction: Common Stock — 724,359 shares (Direct)

Footnotes (1)

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Key Figures

Tax-withholding shares: 18,258 shares Withholding share price: $8.14 per share Post-transaction holdings: 724,359 shares +1 more

4 metrics

Tax-withholding shares 18,258 shares Common stock withheld to cover tax liability

Withholding share price $8.14 per share Value used for tax-withholding shares

Post-transaction holdings 724,359 shares Douglas Cahill’s direct common stock position after withholding

Tax-withholding type 1 transaction, 18,258 shares Single F-code tax-withholding disposition reported

Key Terms

tax-withholding disposition, award vestings, administrative error, beneficial ownership

4 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"

administrative error financial

"to correct a tax underwithholding administrative error"

beneficial ownership financial

"tax withholding related to 3/7/2026 award vestings"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Form 4 Insider Transactions: What Each Field Means →

04/03/2026 - 08:47 AM

SEC Form 4

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Cahill Douglas

(Last)

(First)

(Middle)

1280 KEMPER MEADOW DR.

(Street)

FOREST PARK

OHIO

45240

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Hillman Solutions Corp. [ HLMN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	COB, Executive Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/02/2026		F⁽¹⁾		18,258	D	$8.14	724,359	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents additional tax withholding related to 3/7/2026 award vestings to correct a tax underwithholding administrative error. Given this additional withholding should have occurred on 3/7/2026, the Company is using the same share price as the prior withholding that would have been used had the Company processed this correctly from the outset.

Remarks:

	By: /s/ Daniel M. Bauer, as attorney-in-fact	04/03/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Hillman Solutions (HLMN) report for Douglas Cahill?

Hillman Solutions reported that Executive Chairman Douglas Cahill had 18,258 common shares withheld to satisfy tax obligations. The shares were valued at $8.14 each and relate to previously vested awards, functioning as a tax payment rather than a market sale.

Was the Hillman Solutions (HLMN) Form 4 a stock sale by Douglas Cahill?

No. The Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were surrendered to cover tax liabilities from March 7, 2026 award vestings, correcting an earlier underwithholding administrative error.

How many Hillman Solutions (HLMN) shares were used for tax withholding?

The filing states that 18,258 shares of Hillman Solutions common stock were withheld. These shares were valued at $8.14 each and were applied to satisfy additional tax obligations tied to prior equity award vestings.

What is Douglas Cahill’s Hillman Solutions (HLMN) shareholding after this Form 4?

Following the tax-withholding transaction, Douglas Cahill directly holds 724,359 shares of Hillman Solutions common stock. This figure reflects his position after surrendering 18,258 shares to cover the additional tax liability.

Why did Hillman Solutions (HLMN) adjust tax withholding for Douglas Cahill’s awards?

The company disclosed that earlier tax withholding on Cahill’s March 7, 2026 award vestings was administratively underwithheld. This additional 18,258-share withholding corrects that error, using the same share price that would have applied on the original vesting date.