Health In Tech, Inc. (NASDAQ: HIT) awards 18,867 restricted shares to director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Howard William D. reported acquisition or exercise transactions in this Form 4 filing.
Health In Tech, Inc. director Howard William D. received a grant of 18,867 restricted shares of Class A Common Stock on July 8, 2026 under the Health in Tech Equity Incentive Plan. The grant is reported at $1.06 per share, and his direct holdings after the award total 138,510 shares. The restricted stock vested as of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Howard William D.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 18,867 | $1.06 | $20K |
Holdings After Transaction:
Class A Common Stock — 138,510 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 18,867 shares
Grant value per share: $1.06 per share
Shares owned after grant: 138,510 shares
3 metrics
Restricted shares granted
18,867 shares
Grant of Class A Common Stock restricted shares to director on July 8, 2026
Grant value per share
$1.06 per share
Reported price for the 18,867 restricted shares of Class A Common Stock
Shares owned after grant
138,510 shares
Director’s direct holdings of Class A Common Stock following the award
Key Terms
restricted shares, Equity Incentive Plan, Class A Common Stock
3 terms
Equity Incentive Plan financial
"granted to the reporting person pursuant to the Health in Tech Equity Incentive Plan"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Class A Common Stock financial
"Represents restricted shares of Class A Common Stock granted to the reporting person"
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.
FAQ
What transaction did HIT director Howard William D. report on this Form 4?
Howard William D. reported a grant of 18,867 restricted shares of Health In Tech, Inc. Class A Common Stock. The award was made under the Health in Tech Equity Incentive Plan and vested as of the grant date.
At what price was the restricted stock grant to the HIT director valued?
The restricted stock grant to the HIT director was valued at $1.06 per share. This per-share value is used for reporting purposes in the Form 4 for the 18,867 restricted shares granted.
What type of security was granted to the Health In Tech (HIT) director?
The director received restricted shares of Class A Common Stock. These shares were granted pursuant to the Health in Tech Equity Incentive Plan and, according to the disclosure, vested as of the grant date.