Hyliion CTO reports tax-related share sales
Rhea-AI Filing Summary
Hyliion Holdings Corp.’s Chief Technology Officer, Joshua T. Mook, reported two small Form 4 transactions in common stock coded as “other acquisition or disposition.” On May 19 and May 20, a total of 6,803 shares were sold at prices of $4.06 and $3.92 per share. A footnote explains these shares were sold at the direction of the issuer under an award agreement to cover Mr. Mook’s tax withholding obligations, meaning they were mechanistic, compensation-related sales rather than discretionary trading. After these transactions, Mr. Mook directly holds 1,107,306 common shares, so the tax-related sales represent a small portion of his overall stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 2,003 | $3.92 | $8K |
| Other | Common Stock | 4,800 | $4.06 | $19K |
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
Form 4 regulatory
Other acquisition or disposition regulatory
award agreement financial
tax withholding obligations financial
FAQ
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What insider transactions did Hyliion (HYLN) report for Joshua T. Mook?
What does transaction code “J” mean in Joshua T. Mook’s Hyliion (HYLN) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.