Form 4: Hyliion Holdings Corp. Executive Standley Reports Stock Transaction
SEC Form 4 Filing
Chief Accounting Officer Greg Standley reports disposition of Hyliion Holdings Corp. shares to cover tax obligations.
Summary
- On March 26, 2024, Greg Standley, Chief Accounting Officer of Hyliion Holdings Corp., reported a transaction involving the disposition of 798 shares of common stock.
- The shares were disposed of at a price of $1.48 per share.
- This transaction was to cover a tax liability related to the vesting and distribution of restricted stock units.
- Following the transaction, Standley directly owns 115,541 shares of Hyliion Holdings Corp. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing represents a routine transaction related to tax obligations and does not indicate any significant change in the executive's confidence in the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates routine activity related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/26/2024 | Date of stock transaction |
| 03/27/2024 | Date of signature on the Form 4 filing |
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