Hyliion CFO share sale covers tax withholding
Hyliion Holdings Corp. reported an insider transaction involving Chief Financial Officer Jon Panzer.
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Rhea-AI Filing Summary
Hyliion Holdings Corp. reported an insider transaction involving Chief Financial Officer Jon Panzer. On this Form 4, 16,820 shares of common stock were sold at a price of $2.04 per share at the direction of the company to cover his tax withholding obligations under an award agreement. After this transaction, Panzer directly holds 957,140 shares of Hyliion common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 16,820 | $2.04 | $34K |
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.
FAQ
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What insider transaction did Hyliion (HYLN) report for CFO Jon Panzer?
Does Jon Panzer’s Hyliion (HYLN) Form 4 indicate an open-market sale?
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