Hyliion CAO stock sold to cover tax obligations
Hyliion Holdings Corp. Chief Accounting Officer Greg Standley reported an administrative share transaction involving company common stock.
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Rhea-AI Filing Summary
Hyliion Holdings Corp. Chief Accounting Officer Greg Standley reported an administrative share transaction involving company common stock. On this event, 7,411 shares of common stock were sold at $2.04 per share to cover his tax withholding obligations under the company’s award agreement. According to the terms described, the decision to sell shares for this purpose was made at the sole discretion of the issuer, not the executive. Following this transaction, Standley directly holds 261,280 shares of Hyliion common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 7,411 | $2.04 | $15K |
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.
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What insider transaction did Hyliion (HYLN) report for Greg Standley?
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