Govindaraj Ramasamy, Chief Commercial Officer of Hyliion Holdings Corp. (NYSE:HYLN), filed a Form 4 on August 21, 2026, disclosing a disposition of common stock on that same date.

Key Highlights

  • Reporting person: Govindaraj Ramasamy, Chief Commercial Officer of Hyliion Holdings Corp.
  • Transaction date: August 21, 2026, with transaction code J.
  • Shares disposed: 6,670 shares of common stock were disposed of (D) at a price of $3.37 per share.
  • Beneficial ownership after transaction: 593,920 shares of common stock held directly following the reported transaction.
  • Issuer-directed sale: According to the filing, the shares were sold at the direction of the issuer under the terms of an award agreement to cover the reporting person's tax withholding obligations.

Hyliion CCO Tax Withholding Sale Details

According to the Form 4 filed with the SEC, Ramasamy Govindaraj, listed as Chief Commercial Officer of Hyliion Holdings Corp., reported a single transaction in Table I involving common stock. On August 21, 2026, 6,670 shares were disposed of at a price of $3.37, using transaction code J. The filing notes this was a direct ownership transaction.

The filing's explanation of responses states: "These shares were sold at the direction of the issuer under the terms of the issuer's award agreement with the reporting person. Under the award agreement, the decision to sell shares to cover the reporting person's tax withholding obligations is at the sole discretion of the issuer." Following this transaction, the reporting person directly holds 593,920 shares of common stock, according to the filing.

No derivative securities transactions were reported in Table II of the filing. The Form 4 was filed by one reporting person and is not identified as an amendment to a prior filing.

What Was Disclosed

Hyliion Holdings Corp.'s Chief Commercial Officer reported a disposition of 6,670 common shares at $3.37 per share on August 21, 2026, executed at the issuer's direction to satisfy tax withholding obligations, leaving the officer with 593,920 directly held shares.