Hyliion (NYSE: HYLN) CTO receives RSU and performance stock grants
Rhea-AI Filing Summary
MOOK JOSHUA T. reported acquisition or exercise transactions in this Form 4 filing.
Hyliion Holdings Corp.'s Chief Technology Officer, Joshua T. Mook, received new equity awards that increase his direct stake in the company. On February 11, 2026, he was granted 95,122 shares of common stock as a restricted stock unit award at a reference price of $2.05 per share, bringing his directly held common shares to 1,128,925.
He also received 285,366 performance stock incentive units, each tied to common stock. These performance units vest by December 31, 2028 only if Hyliion’s closing stock price meets thresholds ranging from $4.00 to $7.00 per share over a 90–180 calendar-day average. One-third of the restricted stock units vests on February 11, 2027, with the remaining two-thirds vesting quarterly in equal amounts over the following two years.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Incentive Units | 285,366 | $0.00 | -- |
| Grant/Award | Common Stock | 95,122 | $2.05 | $195K |
Footnotes (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.