MOOK JOSHUA T. 4

What Happened

• Joshua T. Mook, Chief Technology Officer of Hyliion Holdings Corp. (HYLN), received equity awards on Feb 11, 2026: 95,122 restricted stock units (RSUs) recorded at $2.05 per share (total value $195,000) and 285,366 performance stock units (PSUs) recorded as $0 because they are contingent awards.

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (within the typical 2‑business‑day reporting window).
• RSU grant: 95,122 shares @ $2.05 = $195,000.
• PSU grant: 285,366 shares @ $0 (derivative/contingent award — no immediate cash value).
• Shares owned after the transaction: not specified in the filing.
• Grant plan: awards made under the Issuer’s 2024 Equity Incentive Plan.
• Vesting/conditions:
  • RSUs: One-third vests on Feb 11, 2027; the remaining two-thirds vest quarterly in equal amounts over the following two years. (Footnote F1)
  • PSUs: Vest contingent on achieving closing stock-price thresholds of $4.00–$7.00 (measured as a 90–180 day average) by Dec 31, 2028. (Footnote F2)

Context

• These are compensation awards, not open-market purchases or sales; RSUs provide future shares as they vest, while PSUs are performance-contingent and carry no immediate tradeable value. Such grants are routine for executives and reflect incentive compensation rather than a direct market buy/sell signal.