STOCK TITAN

[Form 4] Health In Tech, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Director Sanjay Shrestha of Health In Tech received a grant of 128,474 restricted shares of Class A Common Stock at $0.62 per share on June 23, 2025, as reported in this Form 4 filing.

Key details of the stock grant:

  • Shares were granted under the Health in Tech Equity Incentive Plan
  • Vesting conditions include: - Full vesting after one year of service from April 8, 2025, or - Partial vesting at first shareholders' meeting based on service period ratio
  • Direct ownership form of securities
  • Vesting subject to continuous service requirement

This equity grant appears to be part of director compensation and aligns the director's interests with shareholders through a one-year vesting schedule.

Il direttore Sanjay Shrestha di Health In Tech ha ricevuto una concessione di 128.474 azioni vincolate di Classe A Common Stock al prezzo di 0,62 $ per azione il 23 giugno 2025, come riportato in questo modulo Form 4.

Dettagli principali della concessione azionaria:

  • Le azioni sono state assegnate nell'ambito del Piano di Incentivi Azionari di Health In Tech
  • Le condizioni di maturazione prevedono:
    • maturazione completa dopo un anno di servizio dal 8 aprile 2025, oppure
    • maturazione parziale alla prima assemblea degli azionisti in base al rapporto del periodo di servizio
  • Proprietà diretta delle azioni
  • La maturazione è subordinata al requisito di servizio continuativo

Questa concessione azionaria sembra essere parte della remunerazione del direttore e allinea gli interessi del direttore con quelli degli azionisti attraverso un piano di maturazione di un anno.

El director Sanjay Shrestha de Health In Tech recibió una concesión de 128,474 acciones restringidas de acciones ordinarias Clase A a $0.62 por acción el 23 de junio de 2025, según se informa en este formulario Form 4.

Detalles clave de la concesión de acciones:

  • Las acciones se otorgaron bajo el Plan de Incentivos de Capital de Health In Tech
  • Las condiciones de adquisición incluyen:
    • Adquisición total después de un año de servicio desde el 8 de abril de 2025, o
    • Adquisición parcial en la primera junta de accionistas basada en la proporción del periodo de servicio
  • Forma de propiedad directa de los valores
  • La adquisición está sujeta a un requisito de servicio continuo

Esta concesión de capital parece ser parte de la compensación del director y alinea los intereses del director con los de los accionistas mediante un calendario de adquisición de un año.

Health In Tech의 이사 Sanjay Shrestha는 2025년 6월 23일에 주당 $0.62128,474주의 제한된 Class A 보통주를 부여받았으며, 이는 해당 Form 4 신고서에 보고되었습니다.

주식 부여 주요 내용:

  • 주식은 Health In Tech 주식 인센티브 계획에 따라 부여됨
  • 베스팅 조건:
    • 2025년 4월 8일부터 1년간 근무 후 완전 베스팅 또는
    • 서비스 기간 비율에 따라 첫 주주총회에서 부분 베스팅
  • 증권의 직접 소유 형태
  • 베스팅은 지속적인 근무 요건에 따름

이 주식 부여는 이사 보상의 일부로 보이며, 1년 베스팅 일정으로 이사의 이익을 주주와 일치시키는 역할을 합니다.

Le directeur Sanjay Shrestha de Health In Tech a reçu une attribution de 128 474 actions restreintes de type Class A Common Stock au prix de 0,62 $ par action le 23 juin 2025, comme indiqué dans ce dépôt Formulaire 4.

Principaux détails de l'attribution d'actions :

  • Les actions ont été attribuées dans le cadre du Plan d'Incitation en Actions de Health In Tech
  • Les conditions d'acquisition comprennent :
    • Acquisition complète après un an de service à compter du 8 avril 2025, ou
    • Acquisition partielle lors de la première assemblée des actionnaires en fonction du ratio de la période de service
  • Forme de propriété directe des titres
  • L'acquisition est soumise à l'exigence de service continu

Cette attribution d'actions semble faire partie de la rémunération du directeur et aligne ses intérêts avec ceux des actionnaires via un calendrier d'acquisition d'un an.

Der Direktor Sanjay Shrestha von Health In Tech erhielt am 23. Juni 2025 eine Zuteilung von 128.474 eingeschränkten Aktien der Klasse A Stammaktien zu 0,62 $ pro Aktie, wie in diesem Formular 4 gemeldet.

Wichtige Details zur Aktienzuteilung:

  • Die Aktien wurden im Rahmen des Health In Tech Equity Incentive Plans gewährt
  • Bedingungen für die Übertragung umfassen:
    • Volle Übertragung nach einem Jahr Dienstzeit ab dem 8. April 2025 oder
    • Teilweise Übertragung bei der ersten Hauptversammlung basierend auf dem Dienstzeitverhältnis
  • Direkte Eigentumsform der Wertpapiere
  • Übertragung unterliegt der Anforderung kontinuierlicher Dienstzeit

Diese Aktienzuteilung scheint Teil der Vergütung des Direktors zu sein und richtet die Interessen des Direktors durch einen einjährigen Übertragungsplan mit den Aktionären aus.

Positive
  • Director Sanjay Shrestha received 128,474 restricted shares at $0.62 per share, valued at approximately $79,654, demonstrating alignment with shareholder interests through equity-based compensation
Negative
  • None.

Il direttore Sanjay Shrestha di Health In Tech ha ricevuto una concessione di 128.474 azioni vincolate di Classe A Common Stock al prezzo di 0,62 $ per azione il 23 giugno 2025, come riportato in questo modulo Form 4.

Dettagli principali della concessione azionaria:

  • Le azioni sono state assegnate nell'ambito del Piano di Incentivi Azionari di Health In Tech
  • Le condizioni di maturazione prevedono:
    • maturazione completa dopo un anno di servizio dal 8 aprile 2025, oppure
    • maturazione parziale alla prima assemblea degli azionisti in base al rapporto del periodo di servizio
  • Proprietà diretta delle azioni
  • La maturazione è subordinata al requisito di servizio continuativo

Questa concessione azionaria sembra essere parte della remunerazione del direttore e allinea gli interessi del direttore con quelli degli azionisti attraverso un piano di maturazione di un anno.

El director Sanjay Shrestha de Health In Tech recibió una concesión de 128,474 acciones restringidas de acciones ordinarias Clase A a $0.62 por acción el 23 de junio de 2025, según se informa en este formulario Form 4.

Detalles clave de la concesión de acciones:

  • Las acciones se otorgaron bajo el Plan de Incentivos de Capital de Health In Tech
  • Las condiciones de adquisición incluyen:
    • Adquisición total después de un año de servicio desde el 8 de abril de 2025, o
    • Adquisición parcial en la primera junta de accionistas basada en la proporción del periodo de servicio
  • Forma de propiedad directa de los valores
  • La adquisición está sujeta a un requisito de servicio continuo

Esta concesión de capital parece ser parte de la compensación del director y alinea los intereses del director con los de los accionistas mediante un calendario de adquisición de un año.

Health In Tech의 이사 Sanjay Shrestha는 2025년 6월 23일에 주당 $0.62128,474주의 제한된 Class A 보통주를 부여받았으며, 이는 해당 Form 4 신고서에 보고되었습니다.

주식 부여 주요 내용:

  • 주식은 Health In Tech 주식 인센티브 계획에 따라 부여됨
  • 베스팅 조건:
    • 2025년 4월 8일부터 1년간 근무 후 완전 베스팅 또는
    • 서비스 기간 비율에 따라 첫 주주총회에서 부분 베스팅
  • 증권의 직접 소유 형태
  • 베스팅은 지속적인 근무 요건에 따름

이 주식 부여는 이사 보상의 일부로 보이며, 1년 베스팅 일정으로 이사의 이익을 주주와 일치시키는 역할을 합니다.

Le directeur Sanjay Shrestha de Health In Tech a reçu une attribution de 128 474 actions restreintes de type Class A Common Stock au prix de 0,62 $ par action le 23 juin 2025, comme indiqué dans ce dépôt Formulaire 4.

Principaux détails de l'attribution d'actions :

  • Les actions ont été attribuées dans le cadre du Plan d'Incitation en Actions de Health In Tech
  • Les conditions d'acquisition comprennent :
    • Acquisition complète après un an de service à compter du 8 avril 2025, ou
    • Acquisition partielle lors de la première assemblée des actionnaires en fonction du ratio de la période de service
  • Forme de propriété directe des titres
  • L'acquisition est soumise à l'exigence de service continu

Cette attribution d'actions semble faire partie de la rémunération du directeur et aligne ses intérêts avec ceux des actionnaires via un calendrier d'acquisition d'un an.

Der Direktor Sanjay Shrestha von Health In Tech erhielt am 23. Juni 2025 eine Zuteilung von 128.474 eingeschränkten Aktien der Klasse A Stammaktien zu 0,62 $ pro Aktie, wie in diesem Formular 4 gemeldet.

Wichtige Details zur Aktienzuteilung:

  • Die Aktien wurden im Rahmen des Health In Tech Equity Incentive Plans gewährt
  • Bedingungen für die Übertragung umfassen:
    • Volle Übertragung nach einem Jahr Dienstzeit ab dem 8. April 2025 oder
    • Teilweise Übertragung bei der ersten Hauptversammlung basierend auf dem Dienstzeitverhältnis
  • Direkte Eigentumsform der Wertpapiere
  • Übertragung unterliegt der Anforderung kontinuierlicher Dienstzeit

Diese Aktienzuteilung scheint Teil der Vergütung des Direktors zu sein und richtet die Interessen des Direktors durch einen einjährigen Übertragungsplan mit den Aktionären aus.

SEC Form 4
FORM 4 UNITED 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*
Shrestha Sanjay K

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

(Street)
STUART FL 34994

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Health In Tech, Inc. [ HIT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/23/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Class A Common Stock 06/23/2025 A 128,474(1) A $0.62 128,474 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represent restricted shares of Class A Common Stock granted to the reporting person pursuant to the Health in Tech Equity Incentive Plan. The shares of restricted stock vest either (i) fully upon one year of service commencing on April 8, 2025, or (ii), if not vested upon such date, partially vest at the first shareholders' meeting, with the number of vested shares determined by multiplying the total number of restricted stock by a ratio with the numerator being the lesser of the period of time since April 8, 2025 and 12 months and the denominator being 12 months, subject to the reporting person's continuous service through the vesting date.
By Sanjay Shrestha /s/ Sanjay Shrestha 06/25/2025
** Signature of Reporting Person Date
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.

FAQ

How many shares of HIT stock did Director Sanjay Shrestha acquire on June 23, 2025?

Director Sanjay Shrestha acquired 128,474 shares of HIT Class A Common Stock on June 23, 2025 at a price of $0.62 per share as part of a restricted stock grant.

What is the vesting schedule for HIT Director Shrestha's restricted stock grant?

The restricted shares vest either (i) fully after one year of service from April 8, 2025, or (ii) partially at the first shareholders' meeting based on a pro-rata calculation of time served divided by 12 months, subject to continuous service through the vesting date.

What was the total value of HIT restricted stock granted to Sanjay Shrestha?

Based on the acquisition price of $0.62 per share and 128,474 shares granted, the total value of the restricted stock grant was approximately $79,654.

What position does Sanjay Shrestha hold at Health In Tech (HIT)?

According to the Form 4 filing, Sanjay Shrestha serves as a Director of Health In Tech (HIT). This is indicated by the 'X' marked in the Director box under the Relationship of Reporting Person(s) to Issuer section.

Where is HIT Director Sanjay Shrestha based?

According to the Form 4 filing, Sanjay Shrestha's address is listed as 701 S. Colorado Ave, Suite 1, Stuart, FL 34994.
Health In Tech, Inc.

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