Hyliion Holdings Corp. (NYSE: HYLN) discloses CCO tax-related stock sale
Rhea-AI Filing Summary
Hyliion Holdings Corp.'s chief commercial officer, Govindaraj Ramasamy, reported selling 12,949 shares of the company’s common stock at $1.94 per share. The sale on December 12, 2025 was carried out at the direction of the issuer under an award agreement to cover his tax withholding obligations. After this transaction, he beneficially owned 539,505 shares of Hyliion common stock in direct ownership.
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FAQ
What insider transaction did Hyliion (HYLN) disclose in this filing?
The filing reports that chief commercial officer Govindaraj Ramasamy sold 12,949 shares of Hyliion common stock on December 12, 2025 at a price of $1.94 per share.
Why did the Hyliion CCO sell 12,949 shares of HYLN stock?
The shares were sold at the direction of the issuer under the terms of an award agreement so that shares could be sold to cover the reporting person’s tax withholding obligations.
How many Hyliion (HYLN) shares does the CCO own after this sale?
Following the reported transaction, Govindaraj Ramasamy beneficially owned 539,505 shares of Hyliion common stock in direct ownership.
What is the relationship of the reporting person to Hyliion (HYLN)?
The reporting person, Govindaraj Ramasamy, is identified as an officer of Hyliion Holdings Corp., serving as Chief Commercial Officer.
Is this Hyliion (HYLN) Form 4 filed for one person or multiple insiders?
The document states that the Form 4 is filed by one reporting person, not by more than one reporting person.
Were there any derivative securities reported for the Hyliion CCO in this Form 4?
Table II for derivative securities is included in the format, but in this disclosure there are no specific derivative security transactions reported with amounts or dates.