Hyliion officer gifts 50,000 shares of stock
Hyliion’s Chief Legal & Compliance Officer made a bona fide charitable gift of 50,000 company shares and still directly holds 749,814 shares.
Rhea-AI Filing Summary
Hyliion Holdings Corp. (HYLN) reported that its Chief Legal & Compliance Officer, Jose Miguel Oxholm, made a charitable transfer of company stock. On September 21, 2026, he made a bona fide, irrevocable gift of 50,000 shares of Hyliion common stock, receiving no consideration and retaining no pecuniary interest in the donated shares.
After this gift, he continues to hold 749,814 shares of Hyliion common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
50,000 shares gifted
Gift
1 txn
Insider
Oxholm Jose Miguel
Role
Chief Legal&Compliance Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 50,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 749,814 shares (Direct)
Footnotes (1)
- F1. Represents a bona fide, irrevocable gift of 50,000 shares of the Issuer's common stock to a donor-advised fund sponsored by Fidelity Investments Charitable Gift Fund. The Reporting Person received no consideration for the gift and retains no pecuniary interest in the donated shares.
Key Figures
Shares gifted: 50,000 shares
Price per share for gift: $0.00 per share
Shares held after transaction: 749,814 shares
+1 more
4 metrics
Shares gifted
50,000 shares
Bona fide gift of Hyliion common stock on September 21, 2026
Price per share for gift
$0.00 per share
Reported transaction price for the gifted shares
Shares held after transaction
749,814 shares
Direct Hyliion common stock holdings after the gift
Total gift transactions
1 gift, 50,000 shares
Summary of gift activity in this Form 4
Key Terms
bona fide gift, donor-advised fund, pecuniary interest
3 terms
bona fide gift financial
"Represents a bona fide, irrevocable gift of 50,000 shares"
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.
donor-advised fund financial
"gift of 50,000 shares ... to a donor-advised fund"
A donor-advised fund is a charitable giving account that lets an individual or family deposit cash, stock, or other assets now, get an immediate tax benefit, and then recommend grants to charities over time. Think of it like a private charitable bucket you control without running a charity yourself; investors care because it’s a tax-efficient way to give appreciated securities, can change when and how donated shares enter the market, and affects personal and corporate tax planning.
pecuniary interest financial
"retains no pecuniary interest in the donated shares"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Hyliion (HYLN) disclose in this Form 4?
Hyliion disclosed that Chief Legal & Compliance Officer Jose Miguel Oxholm made a bona fide, irrevocable gift of 50,000 common shares on September 21, 2026, to a donor-advised fund. He received no consideration and retains no pecuniary interest in those shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.