Form 4: Hyliion Holdings Corp. Executive Govindaraj Ramasamy Reports Stock Transaction
SEC Form 4 Filing
Govindaraj Ramasamy, Chief Commercial Officer of Hyliion Holdings Corp., reports disposition of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On February 13, 2025, Govindaraj Ramasamy, the Chief Commercial Officer of Hyliion Holdings Corp., reported a transaction involving the company's common stock.
- A total of 19,661 shares were disposed of to cover tax liabilities related to the vesting and distribution of restricted stock units at a price of $2.14 per share.
- Following the transaction, Ramasamy directly owns 440,339 shares of Hyliion Holdings Corp.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions, and does not inherently convey positive or negative sentiment. It's a neutral disclosure.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common among publicly traded companies.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/13/2025 | Date of stock transaction and filing of Form 4. |
Keywords
Hyliion Holdings Corp, HYLN, Govindaraj Ramasamy, Chief Commercial Officer, Form 4, Stock Transaction, Beneficial Ownership, Restricted Stock Units, Tax Liability
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