Hyliion (NYSE: HYLN) legal chief has 11.9K shares sold for tax withholding
Rhea-AI Filing Summary
Hyliion Holdings Corp. (HYLN) reported an insider equity-related transaction by Chief Legal & Compliance Officer Jose Miguel Oxholm. On 2026-08-21, 11,980 shares of common stock were disposed of at $3.33 per share in a transaction coded "J". According to the award agreement, these shares were sold at the issuer's direction to cover the reporting person's tax withholding obligations, with the decision to sell at the sole discretion of Hyliion. Following this transaction, Oxholm directly holds 799,814 shares of Hyliion common stock.
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Insider Trade Summary
Net Seller: 11,980 shares
Net Sell
1 txn
Insider
Oxholm Jose Miguel
Role
Chief Legal&Compliance Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 11,980 | $3.33 | $40K |
Holdings After Transaction:
Common Stock — 799,814 shares (Direct)
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.
Key Figures
Shares disposed: 11,980 shares
Transaction price per share: $3.33 per share
Shares held after transaction: 799,814 shares
3 metrics
Shares disposed
11,980 shares
Common Stock transaction coded "J" on 2026-08-21
Transaction price per share
$3.33 per share
Price for the 11,980-share disposition on 2026-08-21
Shares held after transaction
799,814 shares
Direct holdings of Jose Miguel Oxholm following the transaction
Key Terms
award agreement, tax withholding obligations, transaction code "J"
3 terms
award agreement financial
"under the terms of the issuer's award agreement with the reporting person"
An award agreement is a legal contract that spells out the terms of a pay or equity grant—such as stock options, restricted shares, or cash bonuses—given to an employee, director or consultant. It describes what is being granted, any conditions for keeping it (for example, earning it over time or meeting performance targets), and what happens if the person leaves or breaks rules. Investors care because these agreements affect company costs, potential share dilution and how executives are motivated and rewarded.
tax withholding obligations financial
"to cover the reporting person's tax withholding obligations"
transaction code "J" regulatory
"transaction coded "J""
FAQ
What insider transaction did Hyliion (HYLN) disclose for Jose Miguel Oxholm?
Hyliion disclosed that Chief Legal & Compliance Officer Jose Miguel Oxholm had 11,980 shares of common stock disposed of on 2026-08-21 in a Form 4 transaction coded "J".
Was the Hyliion (HYLN) insider transaction part of a Rule 10b5-1 plan?
The filing’s 10b5-1 checkbox is not affirmed (aff_10b5_one is false), and the footnotes do not state that the transaction was made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.