Hyliion Holdings Corp.
For the period ended Dec 31, 2025. Filed Feb 25, 2026.
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FY2025 · Filed Feb 25, 2026
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ITEM 9B. OTHER INFORMATION
On February 24, 2026, the Company entered into Amended and Restated Change in Control Agreements with each of the Company’s named executive officers, which agreements amend and restate the parties’ prior change in control agreements. The amended agreements revise the treatment of the Company’s performance-based equity awards upon a qualifying termination following a change in control by providing that: (i) performance-based awards outstanding as of December 31, 2025 for which vesting is based on the achievement of one or more Company common stock price targets will be paid at the time of the change in control to the extent the price per share for the change in control transaction meets or exceeds the common stock price target(s) applicable to such performance-based awards (with unachieved portions forfeited); and (ii) the payment of any performance-based awards granted on or after January 1, 2026 will be determined in accordance with the treatment specified in the applicable award agreement.
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