Freeland Richard Joseph 4

What Happened
Freeland Richard Joseph, a director of Hyliion Holdings Corp. (HYLN), was granted 60,976 restricted stock units (RSUs) on February 11, 2026. The award is reported at $2.05 per share for a total reported value of $125,001. This was an equity award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-11; filing date (Form 4): 2026-02-13 (timely filed).
• Price reported: $2.05 per share; total value: $125,001.
• Shares granted: 60,976 RSUs.
• Vesting: The RSU Award vests on February 11, 2027 (per footnote F1, granted under the Issuer’s 2024 Equity Incentive Plan).
• Shares owned after transaction: not specified in the Form 4 filing.
• Transaction type: A = Award/Grant. No 10b5‑1 plan, tax‑withholding, or cashless exercise noted in the filing.

Context
RSUs are deferred-equity compensation that convert to shares (or are settled in cash/shares) only upon vesting; they are not an immediate open-market investment and do not reflect an instantaneous buy or sell decision. Grants to directors are common compensation practice to align interests with shareholders; this award (~$125k at grant value) should be viewed as compensation rather than a direct bullish purchase signal.