Hyliion (HYLN) CTO receives 540,541 RSUs under 2024 plan, shares withheld for taxes
Rhea-AI Filing Summary
Hyliion Holdings Corp. reported an equity transaction involving its Chief Technology Officer, who is an officer of the company and filed individually. On November 26, 2025, the officer acquired 540,541 shares of common stock at $1.85 per share, recorded as an acquisition of securities. Following this transaction, the officer beneficially owned 1,048,113 shares directly.
The filing explains that this reflects a grant of restricted stock units under Hyliion’s 2024 Equity Incentive Plan. One-fifth of the award will vest on November 26, 2026, one-fifth on November 26, 2027, and three-fifths on November 26, 2028. On November 27, 2025, 1,361 shares were disposed of at $1.85 per share, representing shares withheld to cover tax liabilities related to vesting and distribution, leaving 1,046,752 shares beneficially owned directly.
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FAQ
What insider transaction did Hyliion (HYLN) report in this Form 4?
The filing reports that Hyliion’s Chief Technology Officer acquired 540,541 shares of common stock on November 26, 2025 at $1.85 per share, and that this transaction increased his directly beneficially owned shares to 1,048,113 before a subsequent tax-related share withholding.
How many Hyliion (HYLN) shares does the reporting officer own after the reported transactions?
After the transactions reported in the Form 4, including the tax withholding, the officer directly beneficially owned 1,046,752 shares of Hyliion common stock.
What is the vesting schedule for the Hyliion (HYLN) restricted stock unit award?
The restricted stock unit award vests in three stages: one-fifth on November 26, 2026, one-fifth on November 26, 2027, and three-fifths on November 26, 2028, under Hyliion’s 2024 Equity Incentive Plan.
Why were 1,361 Hyliion (HYLN) shares disposed of on November 27, 2025?
The 1,361 shares of Hyliion common stock disposed of on November 27, 2025 at $1.85 per share were shares withheld for payment of a tax liability related to the vesting and distribution of restricted stock units.
What role does the reporting person hold at Hyliion (HYLN)?
The reporting person is an officer of Hyliion Holdings Corp., serving as the company’s Chief Technology Officer, as indicated in the relationship section of the filing.
Under which plan were the Hyliion (HYLN) restricted stock units granted?
The restricted stock units were granted to the officer pursuant to Hyliion’s 2024 Equity Incentive Plan, as described in the explanation of responses.