Hyliion CFO reports performance award share acquisitions
The award conditions were satisfied on September 28, 2026, followed by Compensation Committee approval on September 30.
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Rhea-AI Filing Summary
Hyliion Holdings Corp. Chief Financial Officer Jon Panzer reported dispositions of 59,210 and 75,457 performance stock incentive units and acquisitions of corresponding common shares dated September 30, 2026. The underlying market conditions were satisfied on September 28, 2026, and approved by the Compensation Committee on September 30. Half of the 59,210-share award is scheduled for issuance on September 30, 2027, with the remainder on December 31, 2027; the 75,457-share award is scheduled for issuance on December 31, 2028. The respective vesting thresholds covered 25% and 20% of the awards at a minimum of $4.00 per share over a 180-calendar-day average.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Performance Stock Incentive Units F3 | 59,210 | $0.00 | $0.00 |
| Conversion | Performance Stock Incentive Units F4 | 75,457 | $0.00 | $0.00 |
| Conversion | Common Stock F1 | 59,210 | $0.00 | $0.00 |
| Conversion | Common Stock F2 | 75,457 | $0.00 | $0.00 |
Footnotes (4)
- F1. The underlying market conditions for vesting of this portion of performance stock incentive units ("PSU Award") were satisfied on September 28, 2026, and subsequently approved by the Compensation Committee on September 30, 2026. Half of the vested PSUs will be issued on September 30, 2027 with the remainder to be issued on December 31, 2027.
- F2. The underlying market conditions for vesting of this portion of performance stock incentive units ("PSU Award") were satisfied on September 28, 2026, and subsequently approved by the Compensation Committee on September 30, 2026. These vested PSUs will be issued on December 31, 2028.
- F3. 25% of these PSU Awards vested upon the achievement of the underlying closing stock price threshold of a minimum of $4.00 per share over a 180-calendar-day average.
- F4. 20% of these PSU Awards vested upon the achievement of the underlying closing stock price threshold of a minimum of $4.00 per share over a 180-calendar-day average.
Key Figures
Key Terms
PSU Award financial
180-calendar-day average financial
closing stock price threshold financial
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