Hyliion (NYSE: HYLN) CEO moves 2.5M shares into 2026 trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hyliion Holdings Corp. Chief Executive Officer Thomas J. Healy transferred 2,500,000 shares of Common Stock as a bona fide gift to the TH 2026 Irrevocable Trust dated June 26, 2026. The filing states this was for estate planning purposes and that no payment or other consideration was received.
The trust’s beneficiaries are members of Healy’s family and future descendants. Healy is neither a trustee nor a beneficiary and does not have or share voting or investment power over the trust’s shares. Following the gift, he directly holds 32,812,262 shares of Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,500,000 shares gifted
Mixed
1 txn
Insider
Healy Thomas J.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 2,500,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 32,812,262 shares (Direct)
Footnotes (1)
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Key Figures
Gifted shares: 2,500,000 shares
Price per gifted share: $0.00 per share
Shares held after transaction: 32,812,262 shares
3 metrics
Gifted shares
2,500,000 shares
Bona fide gift to TH 2026 Irrevocable Trust on June 26, 2026
Price per gifted share
$0.00 per share
No payment or other consideration received for gifted shares
Shares held after transaction
32,812,262 shares
Direct Common Stock ownership following gift
Key Terms
bona fide gift, TH 2026 Irrevocable Trust, estate planning purposes, voting or investment power
4 terms
bona fide gift financial
"Represents a bona fide gift of 2,500,000 shares of Common Stock by the Reporting Person"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
TH 2026 Irrevocable Trust financial
"gift of 2,500,000 shares of Common Stock by the Reporting Person to the TH 2026 Irrevocable Trust, dated June 26, 2026"
estate planning purposes financial
"for estate planning purposes, for which no payment or other consideration was received"
voting or investment power financial
"does not have or share voting or investment power over the shares held by the trust"
FAQ
What did Hyliion (HYLN) CEO Thomas Healy report in this Form 4?
Thomas J. Healy reported gifting 2,500,000 shares of Hyliion Common Stock to the TH 2026 Irrevocable Trust. The transfer was described as a bona fide gift for estate planning, with no payment or other consideration received for the shares.