Hyliion launches nonqualified deferred compensation plan for executives, directors
HYLN•Hyliion adopted a plan on Sept. 28, 2026, allowing eligible participants to defer up to 100% of certain equity awards for payment in common stock; no company contributions are provided.
1. Plan details
The plan covers select executives, highly paid staff and directors. Participants may defer restricted stock units and performance share awards under Hyliion’s 2024 Equity Incentive Plan, which convert into notional common shares and are paid in stock on elected distribution dates. Payout options include in-service, retirement and change-in-control distributions; early separation triggers a lump-sum payment. Initial enrollment is expected in December 2026.
