Hyliion CTO Mook reports performance share conversions
The two award groups have different issuance schedules, with the 71,341-unit group scheduled for December 31, 2028.
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Rhea-AI Filing Summary
Hyliion Holdings Corp. Chief Technology Officer Joshua T. Mook reported conversion-related transactions involving 55,981 and 71,341 performance stock incentive units on September 30, 2026. The respective award footnotes state that 25% and 20% vested upon meeting a minimum $4.00-per-share closing-price threshold over a 180-calendar-day average; the underlying conditions were satisfied September 28 and approved September 30. Half of the vested 55,981-unit award is scheduled for issuance September 30, 2027, with the remainder December 31, 2027; the 71,341-unit award is scheduled for issuance December 31, 2028.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Performance Stock Incentive Units F3 | 55,981 | $0.00 | $0.00 |
| Conversion | Performance Stock Incentive Units F4 | 71,341 | $0.00 | $0.00 |
| Conversion | Common Stock F1 | 55,981 | $0.00 | $0.00 |
| Conversion | Common Stock F2 | 71,341 | $0.00 | $0.00 |
Footnotes (4)
- F1. The underlying market conditions for vesting of this portion of performance stock incentive units ("PSU Award") were satisfied on September 28, 2026, and subsequently approved by the Compensation Committee on September 30, 2026. Half of the vested PSUs will be issued on September 30, 2027 with the remainder to be issued on December 31, 2027.
- F2. The underlying market conditions for vesting of this portion of performance stock incentive units ("PSU Award") were satisfied on September 28, 2026, and subsequently approved by the Compensation Committee on September 30, 2026. These vested PSUs will be issued on December 31, 2028.
- F3. 25% of these PSU Awards vested upon the achievement of the underlying closing stock price threshold of a minimum of $4.00 per share over a 180-calendar-day average.
- F4. 20% of these PSU Awards vested upon the achievement of the underlying closing stock price threshold of a minimum of $4.00 per share over a 180-calendar-day average.
Key Figures
Key Terms
performance stock incentive units financial
PSU Award financial
closing stock price threshold financial
180-calendar-day average financial
FAQ
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How many HYLN performance stock incentive units did Joshua T. Mook report?
When will Joshua T. Mook's HYLN vested awards be issued?
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