Cahill Douglas 4
Research Summary
AI-generated summary
Hillman Solutions (HLMN) Exec Chairman Douglas Cahill Sells 18,258 Shares
What Happened
- Douglas Cahill, Executive Chairman and director of Hillman Solutions (HLMN), surrendered 18,258 shares on 2026-04-02 to satisfy tax withholding obligations. The shares were valued at $8.14 each, for a total of $148,620. The transaction is reported as a disposition (code F — tax withholding).
Key Details
- Transaction date and price: 2026-04-02, 18,258 shares at $8.14 per share (total $148,620).
- Transaction type: Code F — shares surrendered/withheld to cover tax liabilities related to equity vesting.
- Footnote: The withholding corrects an administrative underwithholding for awards that vested on 2026-03-07; the company used the same share price that would have applied on 3/7/2026.
- Filing: Form 4 filed 2026-04-03 (filed the business day after the transaction; not marked late).
- Shares owned after transaction: Not disclosed in the materials provided.
Context
- This was a tax-withholding share surrender tied to prior award vesting, not an open-market sale or a new purchase. Such transactions are routine administrative actions to cover withholding and are not necessarily an indicator of a change in insider sentiment.