4/A: Hyliion CEO Corrects Share Ownership Filing
Amendment to Beneficial Ownership Statement
Hyliion Holdings Corp. CEO Thomas J. Healy filed an amended Form 4 to correct an administrative error regarding share withholding for taxes.
Summary
- Thomas J. Healy, CEO, Director, and 10% owner of Hyliion Holdings Corp. (HYLN), filed an amended Form 4/A.
- The amendment corrects an administrative error from an original filing dated August 25, 2025.
- The original filing incorrectly indicated that shares were withheld to satisfy taxes.
- No shares were actually withheld on August 25, 2025, and the beneficial ownership of 35,396,887 common shares remains unchanged due to this specific transaction.
- The error was attributed to the issuer's third-party service provider.
Sentiment
Score: 6
Explanation: Neutral to slightly positive. The correction of an error is good for transparency, but the existence of the initial error is a minor administrative negative. No material impact on company fundamentals.
Positives
- Correction of an administrative error ensures accurate reporting of beneficial ownership.
Negatives
- An administrative error by the issuer's third-party service provider led to an incorrect initial filing.
Future Outlook
NA
Management Comments
- This Amended Form 4 has been filed to delete a reference to shares withheld to satisfy taxes on the reporting person's Form 4 filed with the SEC on August 25, 2025.
- The shares were initially reported as withheld as a result of an administrative error by the issuer's third party service provider.
- No shares were withheld on August 25, 2025 and Column 5 of Table 1 has been revised accordingly.
Industry Context
This filing is specific to insider ownership reporting and does not provide broader industry context.
Stakeholder Impact
- Shareholders: Provides accurate information regarding the CEO's beneficial ownership, ensuring transparency and correcting previous erroneous data.
Key Dates
| Date | Description |
|---|---|
| 08/25/2025 | Date of original transaction and original Form 4 filing, which contained the administrative error. |
| 11/18/2025 | Date of the amended Form 4/A filing. |
Keywords
Hyliion Holdings Corp., HYLN, Thomas J. Healy, Form 4/A, Beneficial Ownership, SEC Filing, Insider Trading, CEO, Director, 10% Owner
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