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 May 31, 2024, Cheri Lantz, Chief Strategy Officer of Hyliion Holdings Corp., reported a transaction involving the company's common stock.
- Lantz disposed of 2,584 shares at a price of $1.48 per share to cover tax liabilities related to the vesting and distribution of restricted stock units.
- Following the transaction, Lantz directly owns 502,975 shares of Hyliion Holdings Corp.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction for tax purposes, with neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 05/31/2024 | Date of stock transaction |
| 06/03/2024 | Date of signature |
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