Form 4: Hyliion Holdings Corp. Executive Reports Tax Liability Transaction
SEC Form 4 Filing
Jose Miguel Oxholm, Chief Legal & Compliance Officer of Hyliion Holdings Corp., reports the withholding of shares to cover a tax liability related to vested restricted stock units.
Summary
- On June 26, 2024, Jose Miguel Oxholm, Chief Legal & Compliance Officer of Hyliion Holdings Corp., reported a transaction involving common stock.
- 818 shares were disposed of to cover a tax liability related to the vesting and distribution of restricted stock units.
- The transaction price was $1.62 per share.
- Following the transaction, Oxholm directly owns 551,288 shares of Hyliion Holdings Corp.
Sentiment
Score: 5
Explanation: This is a neutral filing related to a standard tax transaction. It doesn't indicate positive or negative sentiment regarding the company's performance.
Industry Context
This filing is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect broader industry trends but provides transparency into executive stock ownership.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is related to an individual executive's tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/26/2024 | Date of transaction: shares withheld for tax liability. |
| 06/27/2024 | Date of signature for the Form 4 filing. |
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