Health In Tech (HIT) director receives 18,867-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hayes Timothy reported acquisition or exercise transactions in this Form 4 filing.
Health In Tech, Inc. director Hayes Timothy received a grant of 18,867 restricted shares of Class A Common Stock at $1.06 per share under the Health in Tech Equity Incentive Plan. The restricted stock vested as of the grant date, bringing his direct holdings to 138,510 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Hayes Timothy
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 price per share: $1.06
Shares held after transaction: 138,510 shares
3 metrics
Restricted shares granted
18,867 shares
Restricted Class A Common Stock granted to Hayes Timothy on 2026-07-08
Grant price per share
$1.06
Transaction price per share for the restricted stock award
Shares held after transaction
138,510 shares
Total direct holdings of Hayes Timothy following the grant
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 did Health In Tech (HIT) director Hayes Timothy report in this Form 4?
Hayes Timothy reported a grant of 18,867 restricted shares of Class A Common Stock. These shares were awarded under the Health in Tech Equity Incentive Plan and vested as of the grant date.
Was the Health In Tech (HIT) Form 4 transaction a market purchase or sale?
No. The Form 4 reports an award of restricted shares, coded as a grant (A), not an open-market purchase or sale. It represents equity compensation granted to the director, which vested immediately.
Under which plan was the Health In Tech (HIT) restricted stock granted to Hayes Timothy?
The 18,867 restricted shares were granted under the Health in Tech Equity Incentive Plan. The filing states that these shares of restricted stock vested as of their grant date.