Form 4: Hyliion Holdings CEO Thomas Healy Reports Tax-Related Share Withholding
SEC Form 4 Filing
Hyliion Holdings CEO Thomas Healy reported the withholding of shares to cover a tax liability related to the vesting of restricted stock units.
Summary
- On March 26, 2025, Thomas J. Healy, CEO of Hyliion Holdings Corp., reported a transaction involving common stock.
- 9,132 shares were withheld to cover a tax liability related to the vesting and distribution of restricted stock units.
- The price per share was $1.55.
- Following the transaction, Healy directly owns 35,408,305 shares of Hyliion Holdings Corp.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to tax obligations, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related share withholding, which is a common practice when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax-related share withholding.
Key Dates
| Date | Description |
|---|---|
| 03/26/2025 | Date of transaction: Shares withheld for tax liability related to vesting of restricted stock units. |
Keywords
Form 4, Hyliion Holdings Corp, Thomas J. Healy, HYLN, CEO, Share Withholding, Tax Liability, Restricted Stock Units, Beneficial Ownership
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