Tax-driven share sale by Hyliion (HYLN) CEO Thomas J. Healy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hyliion Holdings Corp. reported a tax-related share transaction involving Chief Executive Officer Thomas J. Healy. A total of 58,202 shares of common stock were sold at $2.05 per share at the direction of the company to cover his tax withholding obligations under an award agreement. Following this transaction, Healy directly owned 35,340,288 shares of Hyliion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Healy Thomas J.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 58,202 | $2.05 | $119K |
Holdings After Transaction:
Common Stock — 35,340,288 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Hyliion (HYLN) CEO Thomas J. Healy report?
Thomas J. Healy reported a transaction involving 58,202 shares of Hyliion common stock. The shares were sold at the company’s direction to cover tax withholding obligations under an award agreement, rather than as a discretionary open-market sale by the CEO.
What does transaction code J mean in Thomas Healy’s Hyliion (HYLN) Form 4?
Transaction code J indicates an “other acquisition or disposition” of securities. In this case, the code corresponds to a sale of shares directed by Hyliion to cover Thomas Healy’s tax withholding obligations related to an equity award, as described in the footnote.