KNIGHT ROBERT M JR 4
Research Summary
AI-generated summary
Hyliion (HYLN) Director Robert M. Knight Jr. Receives RSU Award
What Happened
- Robert M. Knight Jr., a director of Hyliion Holdings Corp. (HYLN), was granted 60,976 restricted stock units (RSUs) on February 11, 2026. The award was recorded at $2.05 per share, for a total reported value of $125,001. This is a compensation grant (award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-11; Price per share: $2.05; Shares granted: 60,976; Reported value: $125,001.
- Shares owned after transaction: Not specified in the filing.
- Footnote: The RSU award vests on February 11, 2027 (see filing footnote F1).
- Filing timeliness: Reported on 2026-02-13 (filed within the typical 2-business-day Form 4 reporting window).
Context
- RSUs are a common form of equity compensation that convert to actual shares upon vesting; they do not represent an immediate market purchase or sale and often reflect compensation or retention incentives. This grant alone should not be taken as a direct buy/sell signal; it notifies investors of future potential equity dilution and timing of when shares may enter the market upon vesting.