STOCK TITAN

Health In Tech (HIT) CEO uses shares for tax on vested stock

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Health In Tech, Inc. director and Chief Executive Officer Tim Donald Johnson reported a code F transaction involving restricted Class A Common Stock. On 2026-08-13, 46,327 shares of Class A Common Stock were surrendered to the company at $1.06 per share to satisfy tax withholding and remittance obligations arising from the vesting of restricted shares.

After this withholding transaction, Johnson directly holds 23,334,365 Class A shares, consisting of 842,491 restricted and 22,491,874 unrestricted Class A shares. In addition, the disclosure notes that this figure excludes 9,000,000 shares of Class B Common Stock and 734,707 options to purchase Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider Johnson Tim Donald
Role Chief Executive Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1, F2 46,327 $1.06 $49K
Holdings After Transaction: Class A Common Stock — 23,334,365 shares (Direct)
Footnotes (2)
  1. 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.
  2. F2. Includes 842,491 restricted shares of Class A Common Stock and 22,491,874 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.
Shares surrendered for tax withholding 46,327 shares Restricted Class A Common Stock surrendered on 2026-08-13 in a code F transaction
Per-share value for surrendered shares $1.06 per share Applied to the 46,327 restricted Class A shares used for tax withholding
Total Class A shares held after transaction 23,334,365 shares Direct Class A holdings following the 2026-08-13 tax-withholding transaction
Restricted Class A shares included in holdings 842,491 shares Portion of the post-transaction 23,334,365 Class A shares that remains restricted
Unrestricted Class A shares included in holdings 22,491,874 shares Unrestricted portion of the reporting person’s direct Class A holdings
Excluded Class B shares 9,000,000 shares Shares of Class B Common Stock noted as excluded from the Class A holding total
Excluded stock options 734,707 options Options to purchase Class A Common Stock noted as excluded from the Class A holding total
restricted shares financial
"Represents restricted shares of Class A Common Stock surrendered to the Issuer"
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.
Class A Common Stock financial
"Represents restricted shares of Class A Common Stock surrendered to the Issuer"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
Class B Common Stock financial
"Excludes 9,000,000 shares of Class B Common Stock and 734,707 options"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
options to purchase shares financial
"Excludes 9,000,000 shares of Class B Common Stock and 734,707 options"

FAQ

What transaction did HIT CEO Tim Donald Johnson report on this Form 4?

Tim Donald Johnson reported surrendering 46,327 restricted Class A shares of Health In Tech, Inc. on 2026-08-13. The shares were delivered to the issuer to cover tax withholding and remittance obligations related to the vesting of restricted stock.

At what price were the HIT shares used for tax withholding valued?

The surrendered Health In Tech Class A shares were valued at $1.06 per share. This per-share value applies to the 46,327 restricted shares used to satisfy the reporting person’s tax withholding and remittance obligations upon vesting.

How many HIT Class A shares does Tim Donald Johnson hold after this transaction?

After the transaction, Tim Donald Johnson directly holds 23,334,365 Class A shares of Health In Tech, Inc. This total includes 842,491 restricted shares and 22,491,874 unrestricted shares of Class A Common Stock, as disclosed in the footnotes.

Does this HIT Form 4 represent an open-market sale of shares?

No. The Form 4 reports a code F tax-withholding transaction, not an open-market sale. 46,327 restricted shares were surrendered to the issuer to satisfy tax obligations tied to restricted stock vesting, rather than sold on the market.

Was this HIT insider transaction made under a Rule 10b5-1 trading plan?

The filing indicates the Rule 10b5-1 checkbox is not marked as affirmatively used. The transaction is reported as a tax-withholding surrender of restricted shares, with no additional 10b5-1 trading plan details described in the data provided.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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*
Johnson Tim Donald

(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)
XDirectorX10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
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 Stock08/13/2026F46,327(1)D$1.0623,334,365(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 842,491 restricted shares of Class A Common Stock and 22,491,874 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.
/s/ Lori Babcock, as attorney-in-fact for Tim Johnson08/17/2026
** 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)