Form 4: Hyliion Chief Strategy Officer Reports Routine Stock Disposition for Tax Purposes
Insider Transaction Report
Hyliion Holdings Corp.'s Chief Strategy Officer, Cheri Lantz, reported the disposition of 2,435 shares of common stock at $1.71 per share to cover tax liabilities related to restricted stock unit vesting.
Summary
- Cheri Lantz, Chief Strategy Officer of Hyliion Holdings Corp. (HYLN), reported a transaction on May 28, 2025.
- The transaction involved the disposition of 2,435 shares of Hyliion Common Stock.
- These shares were disposed of at a price of $1.71 per share.
- The disposition was for the purpose of withholding shares to cover tax liabilities associated with the vesting and distribution of restricted stock units (RSUs).
- Following this transaction, Cheri Lantz directly beneficially owns 792,997 shares of Hyliion Common Stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as this is a routine, non-discretionary transaction by an insider to cover tax obligations arising from the vesting of restricted stock units, rather than a discretionary sale or purchase.
Industry Context
This filing is a routine insider transaction report and does not provide broader industry context or trends. It reflects a standard compensation-related event for an executive.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes and does not indicate a change in management's confidence or a significant shift in ownership structure.
Key Dates
| Date | Description |
|---|---|
| 05/28/2025 | Date of transaction where 2,435 shares were disposed of for tax liability related to RSU vesting. |
Keywords
Hyliion Holdings Corp., HYLN, SEC Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, Tax Withholding, Cheri Lantz, Chief Strategy Officer
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