Health In Tech CEO covers taxes with share surrender
Health In Tech, Inc. director and Chief Executive Officer Tim Donald Johnson reported a tax-related share disposition.
Rhea-AI Filing Summary
Health In Tech, Inc. director and Chief Executive Officer Tim Donald Johnson reported a tax-related share disposition. On April 15, 2026, he surrendered 35,140 shares of Class A Common Stock at $1.50 per share to cover withholding and remittance obligations triggered by the vesting of restricted stock.
After this tax-withholding disposition, he directly holds 23,514,601 Class A shares, consisting of 1,079,624 restricted and 22,434,977 unrestricted Class A shares, and this figure excludes 9,000,000 Class B shares and 734,707 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 35,140 | $1.50 | $53K |
Footnotes (2)
- F1. Represents restricted shares of Class A Common Stock surrendered to the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting of restricted shares of Class A Common Stock for which service-based vesting requirements have been satisfied. The grant of such restricted stock was previously reported by the reporting person on a Form 4 filed on January 8, 2026.
- F2. Includes 1,079,624 restricted shares of Class A Common Stock and 22,434,977 unrestricted shares of Class A Common Stock. Excludes 9,000,000 shares of Class B Common Stock and 734,707 options to purchase shares of Class A Common Stock.
Key Figures
Key Terms
tax withholding and remittance obligations financial
service-based vesting requirements financial
restricted stock financial
Class B Common Stock financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Health In Tech (HIT) report in this Form 4/A?
Was the Health In Tech (HIT) CEO’s Form 4/A transaction a market sale?
What additional equity interests linked to Health In Tech (HIT) are noted in the footnotes?
AI-generated analysis. How Rhea-AI works. Not financial advice.