Hyliion CEO logs small award-related stock transactions
Hyliion Holdings Corp. Chief Executive Officer Thomas J. Healy reported two "other" transactions in Hyliion common stock.
Rhea-AI Filing Summary
Hyliion Holdings Corp. Chief Executive Officer Thomas J. Healy reported two "other" transactions in Hyliion common stock. On May 19 and May 20, a total of 28,026 shares were sold at prices of $4.08 and $3.98 per share.
According to the disclosure, these shares were sold at the direction of Hyliion under the terms of its award agreement with Healy to cover his tax withholding obligations. After these transactions, Healy directly held about 35.3 million shares of Hyliion common stock, indicating the changes were small relative to his overall position.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 11,426 | $3.98 | $45K |
| Other | Common Stock | 16,600 | $4.08 | $68K |
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
Key Terms
Form 4 financial
Other acquisition or disposition financial
award agreement financial
tax withholding obligations financial
FAQ
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What insider transactions did Hyliion (HYLN) CEO Thomas Healy report?
Do the Hyliion (HYLN) Form 4 transactions reflect open-market buying or selling by the CEO?
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