Form 4: Hyliion Holdings Corp.: Chief Accounting Officer Standley Reports Stock Transaction
SEC Form 4 Filing
Greg Standley, Chief Accounting Officer of Hyliion Holdings Corp., reports the disposal of 443 shares of common stock to cover tax liabilities related to vested restricted stock units on June 18, 2024.
Summary
- On June 18, 2024, Greg Standley, the Chief Accounting Officer of Hyliion Holdings Corp., disposed of 443 shares of common stock.
- The transaction was executed to cover tax liabilities associated with the vesting and distribution of restricted stock units.
- The shares were sold at a price of $1.54 per share.
- Following the transaction, Standley directly owns 114,721 shares of Hyliion Holdings Corp.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to an insider stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This transaction appears to be a standard tax-related sale of shares.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 06/18/2024 | Date of stock transaction: disposal of 443 shares. |
| 06/20/2024 | Date of signature on the Form 4 filing. |
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