Oxholm Jose Miguel 4

What Happened
Jose Miguel Oxholm, Hyliion's Chief Legal & Compliance Officer, disposed of a total of 11,576 shares of HYLN stock in two transactions to cover tax withholding tied to an equity award. On 2026-05-19 he sold 8,550 shares at $4.06 each for $34,713, and on 2026-05-20 he sold 3,026 shares at $3.92 each for $11,862 — total proceeds $46,575. These were sales (not purchases) and appear to be routine tax-related disposals rather than open-market investment decisions.

Key Details

• Transaction dates and prices: 2026-05-19 — 8,550 shares @ $4.06; 2026-05-20 — 3,026 shares @ $3.92.
• Total shares sold: 11,576; total proceeds: $46,575.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnote: Sales were made at the issuer’s direction under the issuer’s award agreement to cover the reporting person's tax withholding obligations (issuer decides whether to sell).
• Filing: Form 4 filed 2026-05-21 for transactions on 5/19–5/20; this filing date is within the normal 2-business-day window and appears timely.
• Transaction code: reported as "Other acquisition or disposition (J)" with a footnote explaining the tax-withholding sale; no 10b5-1 plan or other trading plan is referenced in the provided information.

Context
Sales to cover tax withholding on equity awards are common and generally considered routine administrative transactions, not necessarily a signal about the insider’s view of the company. For retail investors, purchases generally carry more weight as a bullish signal; this filing documents a routine disposal tied to compensation tax obligations.