Health Catalyst officer disposes shares for tax withholding
Health Catalyst, Inc. Chief People Officer Linda Llewelyn reported a tax-related share disposition.
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
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Insider Trade Summary
Exercise Price or Tax Liability: 13,836 shares
Exercise Price or Tax Liability
1 txn
Insider
Llewelyn Linda
Role
Chief People Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 13,836 | $1.6599 | $23K |
Holdings After Transaction:
Common Stock — 329,651 shares (Direct)
Footnotes (1)
- F1. Represents the number of shares required to be sold by the Reporting Person to cover tax withholding obligations in connection with the vesting of Issuer's Restricted Stock Units. This sale is mandated by the Issuer's election under its equity incentive plans to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary trade by the Reporting Person.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.