Form 4: Hyliion Holdings Corp. Executive Cheri Lantz Reports Stock Transaction
SEC Form 4 Filing
Cheri Lantz, Chief Strategy Officer of Hyliion Holdings Corp., reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On August 31, 2024, Cheri Lantz, Chief Strategy Officer of Hyliion Holdings Corp., disposed of 2,584 shares of common stock to cover tax liabilities.
- The shares were disposed of at a price of $1.87 per share.
- Following the transaction, Lantz directly owns 546,956 shares of Hyliion Holdings Corp.
- The transaction was reported on September 3, 2024.
Sentiment
Score: 5
Explanation: Neutral sentiment as this is a routine transaction related to tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect a change in the executive's confidence in the company.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 08/31/2024 | Date of stock transaction |
| 09/03/2024 | Date of Form 4 filing |
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