Hyliion (HYLN) CTO has shares sold to cover equity award taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hyliion Holdings Corp. reported an insider transaction involving Chief Technology Officer Joshua T. Mook. On this Form 4, 14,816 shares of common stock were sold at $2.04 per share to cover his tax withholding obligations under an equity award. According to the award agreement, the decision to sell these shares was made at the sole discretion of the issuer. After this transaction, Mook directly owned 1,114,109 shares of Hyliion common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MOOK JOSHUA T.
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Common Stock | 14,816 | $2.04 | $30K |
Holdings After Transaction:
Common Stock — 1,114,109 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Hyliion (HYLN) report for Joshua T. Mook?
Hyliion reported that Chief Technology Officer Joshua T. Mook had 14,816 shares of common stock sold. The transaction was linked to his equity award and handled under the issuer’s award agreement to address related tax obligations.
What does transaction code J mean in Joshua Mook’s Hyliion (HYLN) Form 4?
Transaction code J on the Form 4 represents an “other acquisition or disposition” of securities. In this case, it refers to shares sold under the issuer’s award agreement specifically to satisfy tax withholding obligations.