Oxholm Jose Miguel 4

What Happened

• Jose Miguel Oxholm, Hyliion's Chief Legal & Compliance Officer, was granted two equity awards on 2026-02-11: 95,122 restricted stock units (RSUs) with an attributable value of $2.05/share (total ~$195,000) and 285,366 performance stock units (PSUs) recorded at $0 because they are contingent/derivative awards. These were awards (code A on the Form 4), not open-market purchases or sales.

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (no late filing indicated in the provided excerpt).
• RSU grant: 95,122 shares at $2.05 per share; total reported value ~$195,000.
• PSU grant: 285,366 units reported at $0 (derivative/contingent award; no immediate cash value).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnote (RSU): One-third of RSUs vest on Feb 11, 2027; remaining two-thirds vest quarterly in equal amounts over the following two years.
• Footnote (PSU): PSUs vest only if closing stock price targets ($4.00 to $7.00 per share, measured over 90–180 day averages) are met by Dec 31, 2028.

Context

• RSUs and PSUs are typical forms of executive compensation. RSUs will convert to shares on the vesting schedule above; PSUs are performance-contingent and will only convert if specified price/measurement thresholds are met. These awards represent compensation/acquisition events, not a direct buy or sell signal in the open market.