Hillman Solutions Corp.·4

Apr 3, 8:47 AM ET

Adinolfi Jon Michael 4

Research Summary

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Updated

Hillman (HLMN) CEO Jon Michael Adinolfi Sells 10,367 Shares for Taxes

What Happened

  • Jon Michael Adinolfi, President & CEO of Hillman Solutions Corp. (HLMN), had 10,367 shares disposed as a tax-withholding transaction on 2026-04-02. The shares were valued at $8.14 each, totaling about $84,387. This was a withholding to satisfy tax obligations related to earlier award vestings, not an open-market sell motivated by trading.

Key Details

  • Transaction date: 2026-04-02; Filing date (Form 4): 2026-04-03.
  • Price: $8.14 per share; Shares disposed: 10,367; Total value: ~$84,387.
  • Shares owned after transaction: Not disclosed in the filing.
  • Transaction type/code: F — tax withholding/payment of tax liability (not a voluntary open-market sale).
  • Footnote: This withholding corrects an administrative underwithholding related to award vestings on 2026-03-07; the company used the same share price as the earlier withholding that should have been processed then (per footnote F1).
  • Timeliness: Filing appears timely (filed the day after the transaction).

Context

  • This was a routine tax-withholding disposition tied to equity award vesting, effectively a cashless/withholding action to satisfy taxes rather than a directional trade. Such withholdings generally reflect compensation tax mechanics and are not a direct signal of the insider’s view on company stock.