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Hyliion (NYSE: HYLN) grants RSUs and performance units to its CAO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Standley Greg reported acquisition or exercise transactions in this Form 4 filing.

Hyliion Holdings Corp. granted new equity awards to its Chief Accounting Officer, Greg Standley. On February 11, 2026, he received 46,803 shares of common stock as a restricted stock unit award at a reference price of $2.05 per share, bringing his directly held common stock to 268,691 shares after the grant.

One-third of this RSU award will vest on February 11, 2027, with the remaining two-thirds vesting quarterly in equal amounts over the following two years under Hyliion’s 2024 Equity Incentive Plan. He was also granted 70,203 performance stock incentive units, each tied to an equivalent number of common shares, which will vest only if Hyliion’s closing stock price meets thresholds between $4.00 and $7.00 per share over a 90- to 180-day average by December 31, 2028.

Positive

  • None.

Negative

  • None.
Insider Standley Greg
Role Chief Accounting Officer.
Type Security Shares Price Value
Grant/Award Performance Stock Incentive Units 70,203 $0.00 --
Grant/Award Common Stock 46,803 $2.05 $96K
Holdings After Transaction: Performance Stock Incentive Units — 70,203 shares (Direct); Common Stock — 268,691 shares (Direct)
Footnotes (1)
  1. The Reporting Person received a grant of restricted stock units ("RSU Award") pursuant to the Issuer's 2024 Equity Incentive Plan. One-third (1/3) of the RSU Award will vest on February 11, 2027, and the remaining two-thirds (2/3) of the RSU Award will vest quarterly in equal amounts over a two-year period thereafter. The Reporting Person received a grant of performance stock incentive units ("PSU Award") pursuant to the Issuer's 2024 Equity Incentive Plan. The award is contingent upon achieving underlying closing stock price thresholds ranging from $4.00 to $7.00 per share over a 90 to 180-calendar-day average by December 31, 2028.
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*
Standley Greg

(Last) (First) (Middle)
C/O HYLIION HOLDING CORP.
1202 BMC DRIVE, SUITE 100

(Street)
CEDAR PARK TX 78613

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Hyliion Holdings Corp. [ HYLN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Accounting Officer.
3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/11/2026 A 46,803 A(1) $2.05 268,691 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Incentive Units (2) 02/11/2026 A 70,203 12/31/2028 12/31/2028 Common Stock 70,203 $0 70,203 D
Explanation of Responses:
1. The Reporting Person received a grant of restricted stock units ("RSU Award") pursuant to the Issuer's 2024 Equity Incentive Plan. One-third (1/3) of the RSU Award will vest on February 11, 2027, and the remaining two-thirds (2/3) of the RSU Award will vest quarterly in equal amounts over a two-year period thereafter.
2. The Reporting Person received a grant of performance stock incentive units ("PSU Award") pursuant to the Issuer's 2024 Equity Incentive Plan. The award is contingent upon achieving underlying closing stock price thresholds ranging from $4.00 to $7.00 per share over a 90 to 180-calendar-day average by December 31, 2028.
Remarks:
/s/ Greg Standley 02/13/2026
** 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.

FAQ

What equity awards did Hyliion (HYLN) grant to its Chief Accounting Officer?

Hyliion granted Chief Accounting Officer Greg Standley 46,803 restricted stock units of common stock and 70,203 performance stock incentive units. Both awards were issued under the company’s 2024 Equity Incentive Plan as non-cash grants on February 11, 2026.

How do the new RSUs for Hyliion (HYLN) Chief Accounting Officer vest?

The 46,803 restricted stock units vest over three years. One-third vests on February 11, 2027, and the remaining two-thirds vest quarterly in equal installments over the subsequent two-year period, subject to the terms of Hyliion’s 2024 Equity Incentive Plan.

What performance conditions apply to Hyliion (HYLN) performance stock incentive units?

The 70,203 performance stock incentive units vest only if Hyliion’s closing stock price reaches thresholds between $4.00 and $7.00 per share, measured over a 90- to 180-day average, on or before December 31, 2028, as specified in the award terms.

Did the Hyliion (HYLN) Chief Accounting Officer buy shares on the open market?

No, the Form 4 shows equity grants, not open-market purchases. The common stock and performance units were awarded as compensation under Hyliion’s 2024 Equity Incentive Plan, with transaction code “A” indicating a grant, award, or other acquisition.

How many Hyliion (HYLN) common shares does the Chief Accounting Officer own after the grant?

After the February 11, 2026 grant, Chief Accounting Officer Greg Standley directly beneficially owns 268,691 shares of Hyliion common stock. This figure reflects the updated total reported following the 46,803-share restricted stock unit award.

When do Hyliion (HYLN) performance units granted to the CAO expire?

The 70,203 performance stock incentive units have an exercisable and expiration date of December 31, 2028. Vesting depends on Hyliion’s stock price achieving specified thresholds before that date, based on a 90- to 180-day closing price average.