Health Catalyst (HCAT) HR chief sells shares to cover RSU tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Health Catalyst, Inc. Chief People Officer Linda Llewelyn reported a tax-related share disposition. On March 2, 2026, 13,836 shares of common stock were disposed of at $1.6599 per share to cover tax withholding tied to restricted stock unit vesting. After this mandated “sell to cover” transaction under the company’s equity incentive plans, she held 329,651 shares directly. The footnote clarifies this was not a discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Llewelyn Linda
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 13,836 | $1.6599 | $23K |
Holdings After Transaction:
Common Stock — 329,651 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did HCAT Chief People Officer Linda Llewelyn report?
Linda Llewelyn reported a tax-withholding share disposition involving 13,836 Health Catalyst common shares. The shares were automatically sold to satisfy tax obligations arising from the vesting of restricted stock units, under the company’s equity incentive plan rules.
Was the HCAT insider transaction by Linda Llewelyn a discretionary sale?
No, the transaction was not a discretionary trade. A footnote explains the sale was mandated as a “sell to cover” transaction to fund tax withholding on vesting restricted stock units, rather than an open-market decision by Llewelyn.
What does the footnote in Linda Llewelyn’s HCAT Form 4 explain about the sale?
The footnote explains the sale covered tax withholding obligations from restricted stock unit vesting and was required by Health Catalyst’s equity incentive plans as a “sell to cover” transaction, indicating it was not a voluntary or discretionary stock sale.