Craig Jeffrey A 4
Research Summary
AI-generated summary
Hyliion (HYLN) Director Craig Jeffrey Receives Award: 60,976 RSUs
What Happened
Craig Jeffrey, a director of Hyliion Holdings Corp. (HYLN), was granted 60,976 restricted stock units (RSUs) on February 11, 2026. The grant is reported at $2.05 per share for a total reported value of $125,001. This transaction is an equity award (compensation/retention), not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-02-11 (reported on Form 4 filed 2026-02-13). Filing appears timely (Form 4 due within two business days).
- Transaction type/code: Award/Grant (A).
- Shares granted: 60,976 RSUs at $2.05 per share; total reported value $125,001.
- Vesting: RSU award vests on February 11, 2027 (per footnote).
- Shares owned after transaction: Not specified in the Form 4 filing.
- No 10b5-1 plan, tax‑withholding sale, or cashless exercise noted in the filing.
Context
An RSU grant is a compensation/retention vehicle that typically vests over time; it does not reflect an immediate market purchase or sale. For retail investors, such awards are routine for directors and executives and primarily signal company compensation practices rather than direct buying or selling intent.