Form 4: Hyliion Holdings CFO Jon Panzer Reports Tax-Related Stock Transaction
SEC Form 4 Filing
Jon Panzer, CFO of Hyliion Holdings, reports a transaction involving the withholding of shares to cover tax liabilities related to vested restricted stock units.
Summary
- On February 13, 2025, Jon Panzer, the Chief Financial Officer of Hyliion Holdings Corp., reported a transaction involving common stock.
- 23,767 shares were withheld to cover a tax liability related to the vesting and distribution of restricted stock units at a price of $2.14.
- Following the transaction, Panzer directly owns 795,387 shares of Hyliion Holdings Corp.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, which is a normal part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of the reported transaction where shares were withheld for tax liability. |
Keywords
Hyliion Holdings, Jon Panzer, CFO, Form 4, Stock Transaction, Tax Liability, Restricted Stock Units
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