Standley Greg 4

What Happened

• Greg Standley, Chief Accounting Officer of Hyliion Holdings Corp. (HYLN), was granted equity awards on 2026-02-11. He received 46,803 restricted stock units (RSUs) with an attributed price of $2.05 per share (total ~$95,946) and 70,203 performance stock units (PSUs) shown at $0.00 (derivative/contingent).

Key Details

• Transaction date: 2026-02-11; Form 4 filed 2026-02-13 (timely filing).
• RSU grant: 46,803 shares @ $2.05 = $95,946 (reported as Award/Grant, code A).
• PSU grant: 70,203 units @ $0.00 (derivative/contingent, code A).
• Awards granted under the Issuer’s 2024 Equity Incentive Plan.
• Shares owned after the reported transaction: not specified in the Form 4 filing.
• No indication of a sale or open-market purchase—this is a compensation grant, not a market trade.

Context

• RSU vesting: one-third vests on Feb 11, 2027; the remaining two-thirds vest quarterly in equal amounts over the following two years (per footnote).
• PSU vesting/ payout is performance-contingent: tied to achieving closing stock-price thresholds between $4.00 and $7.00 (measured over 90–180 calendar-day averages) by Dec 31, 2028; until conditions are met these are contingent and carry no immediate cash value.
• Awards are typical executive compensation and do not by themselves indicate buying or selling intent in the open market.