Form 4: Hyliion Holdings CFO Jon Panzer Reports Stock Transaction
SEC Form 4 Filing
Jon Panzer, CFO of Hyliion Holdings Corp., reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On February 28, 2025, Jon Panzer, the Chief Financial Officer of Hyliion Holdings Corp., reported a transaction involving the company's common stock.
- The transaction involved the disposition of 2,435 shares at a price of $1.69 per share.
- These shares were withheld for the payment of a tax liability related to the vesting and distribution of restricted stock units.
- Following the transaction, Panzer beneficially owns 891,636 shares of Hyliion Holdings Corp.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transaction (disposition of shares). |
| 03/03/2025 | Date of signature on the Form 4 filing. |
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