Form 4: Hyliion Holdings CFO Jon Panzer Reports Stock Transaction
SEC Form 4 Filing
Jon Panzer, CFO of Hyliion Holdings Corp., reports the withholding of shares for tax liability related to vesting of restricted stock units.
Summary
- On May 28, 2024, Jon Panzer, the Chief Financial Officer of Hyliion Holdings Corp., reported a transaction involving the company's common stock.
- A total of 2,435 shares were withheld to cover a tax liability related to the vesting and distribution of restricted stock units.
- Following the transaction, Panzer directly owns 569,871 shares of Hyliion Holdings Corp.
- The transaction was executed at a price of $1.46 per share.
Sentiment
Score: 5
Explanation: The document is a routine SEC filing regarding a stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/28/2024 | Date of stock transaction reported by Jon Panzer |
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