Hyliion CEO has 29.8K shares sold for taxes
Rhea-AI Filing Summary
Hyliion Holdings Corp. (HYLN) reported that Chief Executive Officer and 10% owner Thomas J. Healy had 29,840 shares of common stock treated as a disposition on 2026-08-21 at $3.33 per share under transaction code J. According to the award agreement, these shares were sold at the direction of the issuer solely to cover Healy’s tax withholding obligations, and his directly held stake after the transaction was 32,782,422 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Other: 29,840 shares
Other
1 txn
Insider
Healy Thomas J.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock F1 | 29,840 | $3.33 | $99K |
Holdings After Transaction:
Common Stock — 32,782,422 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: 29,840 shares of Common Stock
Transaction price per share: $3.33 per share
Shares owned after transaction: 32,782,422 shares
3 metrics
Shares disposed
29,840 shares of Common Stock
Other disposition (code J) on 2026-08-21
Transaction price per share
$3.33 per share
Price for the 29,840-share disposition on 2026-08-21
Shares owned after transaction
32,782,422 shares
Directly owned common stock following the 2026-08-21 transaction
Key Terms
transaction code J, award agreement, tax withholding obligations
3 terms
transaction code J regulatory
"reported under transaction code J as an Other acquisition or disposition"
award agreement financial
"sold at the direction of the issuer under the terms of the issuer's award agreement"
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 is at the sole discretion"
FAQ
What insider transaction did Hyliion (HYLN) report for CEO Thomas J. Healy?
Hyliion disclosed that CEO Thomas J. Healy had 29,840 shares of common stock disposed of on 2026-08-21 at $3.33 per share under code J, with the sale directed by the issuer to cover tax withholding obligations under an award agreement.
What does transaction code J mean in the Hyliion (HYLN) Form 4?
Transaction code J is reported as an “Other acquisition or disposition” of non-derivative securities. In this case, it reflects shares sold at the issuer’s direction under an award agreement to satisfy tax withholding obligations.
Was a Rule 10b5-1 trading plan used for this Hyliion (HYLN) insider transaction?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), and the footnote instead describes an issuer-directed sale under an award agreement to cover tax withholding obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.