Form 4: Hyliion Holdings Corp.: Chief Accounting Officer Standley Reports Stock Transaction

Greg Standley, Chief Accounting Officer of Hyliion Holdings Corp., reports the disposal of 443 shares of common stock to cover tax liabilities related to vesting restricted stock units on September 18, 2024.

Summary

• On September 18, 2024, Greg Standley, the Chief Accounting Officer of Hyliion Holdings Corp., filed a Form 4.
• The filing reports a transaction involving the disposal of 443 shares of common stock.
• The shares were withheld for the payment of a tax liability related to the vesting and distribution of restricted stock units.
• The price per share was $2.11.
• Following the transaction, Standley directly owns 181,736 shares of Hyliion Holdings Corp.
• The transaction was executed on September 18, 2024.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reflects a routine transaction related to executive compensation and does not indicate any significant positive or negative development for the company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, and doesn't necessarily reflect a broader trend in the industry.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares and is related to executive compensation.

Key Dates