Hyliion (HYLN) Form 4: 741 shares withheld from CFO Jon Panzer
Rhea-AI Filing Summary
Jon Panzer, Chief Financial Officer of Hyliion Holdings Corp. (HYLN), filed a Form 4 reporting a transaction on 08/08/2025. The filing shows 741 shares were withheld to satisfy a tax liability related to the vesting and distribution of restricted stock units; the reported per-share amount associated with the transaction is $1.53.
After the withholding, Mr. Panzer is shown as directly beneficially owning 922,493 shares. The form contains no listed derivative transactions and is signed and dated 08/08/2025.
Positive
- None.
Negative
- None.
Insights
Routine insider tax-withholding on RSU vesting; minimal market impact and ownership remains substantial.
The Form 4 discloses a withholding of 741 shares at a reported value of $1.53 to cover taxes tied to restricted stock unit vesting. This is a non-sale, administrative transfer rather than an open-market disposition, and the reporting person retains 922,493 shares directly after the transaction. For investors, this is a standard equity-compensation event with no new derivative positions reported.
Timely Form 4 filing shows standard RSU withholding; no governance concerns apparent from this disclosure.
The filing is signed and dated 08/08/2025 and explicitly explains the withholding as payment of a tax liability related to RSU distribution. Table II (derivatives) is empty, indicating no options or other derivative transactions reported. The disclosure meets Section 16 reporting expectations and does not indicate unusual insider activity.
FAQ
What transaction did the HYLN Form 4 report?
Who filed the Form 4 for HYLN?
How many Hyliion shares does Jon Panzer beneficially own after the transaction?
Were any derivative securities reported in this Form 4?
When was the Form 4 signed?