Form 4: Hyliion Holdings Corp. Executive Standley Reports Tax-Related Share Withholding
SEC Form 4 Filing
Chief Accounting Officer Greg Standley of Hyliion Holdings Corp. reports the withholding of 351 shares to cover tax obligations related to vested restricted stock units.
Summary
- On September 26, 2024, Greg Standley, Chief Accounting Officer of Hyliion Holdings Corp., reported a transaction involving common stock.
- A total of 351 shares were withheld to cover a tax liability related to the vesting and distribution of restricted stock units.
- The price per share for the transaction was $2.37.
- Following the transaction, Standley directly owns 181,385 shares of Hyliion Holdings Corp.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to insider transactions. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates a standard tax-related share withholding, which is a common practice when restricted stock units vest.
Key Dates
| Date | Description |
|---|---|
| 09/26/2024 | Date of the transaction (share withholding for tax liability). |
| 09/27/2024 | Date of signature for the Form 4 filing. |
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