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 March 26, 2024, Jose Miguel Oxholm, Chief Legal & Compliance Officer of Hyliion Holdings Corp., reported a transaction involving common stock.
- 1,668 shares were withheld to cover a tax liability related to the vesting and distribution of restricted stock units at a price of $1.48.
- Following the transaction, Oxholm directly owns 557,360 shares of Hyliion Holdings Corp.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction related to tax obligations. It doesn't inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related transaction.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of transaction: shares withheld for tax liability |
| 03/27/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.