STOCK TITAN

Health In Tech (HIT) CGO uses 4,045 shares to cover tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Health In Tech, Inc. Chief Growth Officer Hasan Zain Syed reported a routine tax-related share disposition. On the vesting of previously granted restricted Class A Common Stock, he surrendered 4,045 shares at $1.05 per share to cover tax withholding and remittance obligations. After this transaction, he directly holds 208,302 Class A shares, including 199,288 restricted and 9,014 unrestricted shares. This was not an open-market sale but a compensation-related tax withholding event.

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Insider Hasan Zain Syed
Role Chief Growth Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 4,045 $1.05 $4K
Holdings After Transaction: Class A Common Stock — 208,302 shares (Direct, null)
Footnotes (1)
  1. 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. Includes 199,288 restricted shares of Class A Common Stock and 9,014 unrestricted shares of Class A Common Stock.
Shares surrendered for taxes 4,045 shares Class A Common Stock, tax withholding disposition (Code F)
Implied tax price per share $1.05 per share Value used for tax-withholding disposition of 4,045 shares
Total shares after transaction 208,302 shares Direct Class A holdings following the Form 4 transaction
Restricted shares held 199,288 shares Restricted Class A Common Stock included in post-transaction total
Unrestricted shares held 9,014 shares Unrestricted Class A Common Stock included in post-transaction total
restricted shares financial
"Represents restricted shares of Class A Common Stock surrendered to the Issuer to satisfy tax withholding..."
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
tax withholding financial
"surrendered to the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting..."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
service-based vesting requirements financial
"in connection with the vesting of restricted shares of Class A Common Stock for which service-based vesting requirements have been satisfied."
restricted stock financial
"The grant of such restricted stock was previously reported by the reporting person on a Form 4."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Form 4 regulatory
"The grant of such restricted stock was previously reported by the reporting person on a Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Hasan Zain Syed

(Last)(First)(Middle)
701 S. COLORADO AVE, SUITE 1

(Street)
STUART FLORIDA 34994

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Health In Tech, Inc. [ HIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Growth Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock06/15/2026F4,045(1)D$1.05208,302(2)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. Includes 199,288 restricted shares of Class A Common Stock and 9,014 unrestricted shares of Class A Common Stock.
/s/ Lori Babcock, as attorney-in-fact for Zain Hasan06/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Health In Tech (HIT) report for Hasan Zain Syed?

Health In Tech reported that Chief Growth Officer Hasan Zain Syed surrendered 4,045 Class A shares. These shares were given back to the company to cover tax withholding obligations tied to vesting restricted stock, not sold in the open market.

Was the Health In Tech (HIT) Form 4 transaction an open-market sale?

No, the Form 4 transaction was not an open-market sale. The 4,045 Class A shares were surrendered to satisfy tax withholding and remittance obligations when restricted shares vested, a routine compensation-related event rather than a discretionary stock sale.

How many Health In Tech (HIT) shares does Hasan Zain Syed hold after this Form 4?

After the transaction, Hasan Zain Syed directly holds 208,302 Class A shares. This total includes 199,288 restricted shares of Class A Common Stock and 9,014 unrestricted shares, as disclosed in the Form 4 footnotes.

What does the F code mean in the Health In Tech (HIT) Form 4 filing?

In this Form 4, the F code indicates a tax-withholding disposition. It shows 4,045 shares of Class A Common Stock were surrendered to Health In Tech to pay tax obligations on vested restricted stock, rather than being sold on the market.

What triggered the share surrender reported in Health In Tech (HIT) Form 4?

The share surrender was triggered by the vesting of restricted Class A Common Stock. When service-based vesting requirements were satisfied, 4,045 of those shares were surrendered back to Health In Tech to cover related tax withholding and remittance obligations.