Hyliion CLO shares sold to cover tax withholding
Hyliion Holdings Corp.’s Chief Legal & Compliance Officer Jose Miguel Oxholm reported two issuer-directed transactions in common stock.
Rhea-AI Filing Summary
Hyliion Holdings Corp.’s Chief Legal & Compliance Officer Jose Miguel Oxholm reported two issuer-directed transactions in common stock. On May 19, 8,550 shares at $4.06 per share and on May 20, 3,026 shares at $3.92 per share were sold at the issuer’s direction under an award agreement to cover his tax withholding obligations. The footnote explains that the decision to sell shares for taxes is at the sole discretion of the issuer, so these are not discretionary open‑market trades by the insider. After these transactions, Oxholm directly held 811,794 shares of Hyliion common stock.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 3,026 | $3.92 | $12K |
| Other | Common Stock | 8,550 | $4.06 | $35K |
Footnotes (1)
- F1. These shares were sold at the direction of the issuer under the terms of the issuer's award agreement with the reporting person. Under the award agreement, the decision to sell shares to cover the reporting person's tax withholding obligations is at the sole discretion of the issuer.
Key Figures
Key Terms
Other acquisition or disposition financial
tax withholding obligations financial
award agreement financial
FAQ
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What insider transactions did Hyliion (HYLN) report for Jose Miguel Oxholm?
Were Hyliion (HYLN) CLO Jose Miguel Oxholm’s Form 4 transactions open-market sales?
How are the Hyliion (HYLN) insider transactions coded on the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.