Health In Tech (HIT) CEO surrenders shares to cover tax withholding

Rhea-AI Filing Summary

Health In Tech, Inc. Chief Executive Officer and 10% owner Tim Donald Johnson reported a tax-related share disposition. He surrendered 39,924 shares of Class A Common Stock at $1.23 per share to the company to satisfy tax withholding obligations tied to vesting restricted stock awards.

After this transaction, he directly holds 23,474,677 Class A shares, consisting of 1,037,478 restricted and 22,437,199 unrestricted Class A shares. This was a tax-withholding disposition rather than an open-market sale.

Insights

Equity compensation analyst

CEO’s Form 4 shows routine tax withholding, not an open-market sale.

The CEO of Health In Tech, Inc. surrendered 39,924 Class A shares at $1.23 per share to cover tax obligations on vesting restricted stock. This matches the F transaction code for payment of tax liability by delivering securities.

Following the transaction, he holds 23,474,677 Class A shares, including restricted and unrestricted stock, indicating a very large remaining position. Because the disposition is purely for tax withholding and not a market trade, it typically carries limited informational value about his outlook on the stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Johnson Tim Donald

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Tax Withholding	Class A Common Stock	39,924	$1.23	$49K

Holdings After Transaction: Class A Common Stock — 23,474,677 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 1,037,478 restricted shares of Class A Common Stock and 22,437,199 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.

Key Figures

Shares surrendered for tax: 39,924 shares Price per surrendered share: $1.23 per share Shares held after transaction: 23,474,677 shares +4 more

7 metrics

Shares surrendered for tax 39,924 shares Class A Common Stock delivered for tax withholding

Price per surrendered share $1.23 per share Valuation used for tax-withholding disposition

Shares held after transaction 23,474,677 shares Total direct Class A Common Stock holdings

Restricted Class A shares held 1,037,478 shares Restricted Class A Common Stock included in holdings

Unrestricted Class A shares held 22,437,199 shares Unrestricted Class A Common Stock included in holdings

Excluded Class B shares 9,000,000 shares Class B Common Stock excluded from Class A total

Excluded stock options 734,707 options Options to purchase Class A Common Stock excluded

Key Terms

restricted shares, Class A Common Stock, tax withholding, service-based vesting requirements, +1 more

5 terms

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.

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.

tax withholding financial

"to satisfy tax withholding and remittance obligations in connection with the vesting of restricted shares"

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

"vesting of restricted shares of Class A Common Stock for which service-based vesting requirements have been satisfied"

options to purchase shares financial

"Excludes 9,000,000 shares of Class B Common Stock and 734,707 options to purchase shares of Class A Common Stock"

Form 4 Insider Transactions: What Each Field Means →

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^*

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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	05/14/2026		F		39,924(1)	D	$1.23	23,474,677(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 1,037,478 restricted shares of Class A Common Stock and 22,437,199 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 Johnson	05/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Health In Tech (HIT) CEO report in this Form 4?

The CEO reported surrendering shares to cover taxes on vested restricted stock. He delivered 39,924 Class A Common shares back to the company, using them to satisfy tax withholding obligations instead of paying cash.

How many Health In Tech (HIT) shares were used for tax withholding?

He surrendered 39,924 shares of Class A Common Stock for tax withholding. These shares were used to satisfy tax and remittance obligations arising from the vesting of previously granted restricted stock awards.

At what price were the surrendered HIT shares valued in the Form 4?

The surrendered shares were valued at $1.23 per share. This price is used in the Form 4 to calculate the value of the 39,924 Class A shares delivered to cover the executive’s tax obligations on vesting.

How many Health In Tech (HIT) shares does the CEO own after this transaction?

After the transaction, the CEO directly owns 23,474,677 Class A shares. This total includes 1,037,478 restricted shares and 22,437,199 unrestricted shares, showing he retains a very substantial equity position in the company.

Was this Health In Tech (HIT) Form 4 an open-market sale of shares?

No, it was not an open-market sale. The Form 4 shows a tax-withholding disposition, where shares are surrendered back to the issuer to pay taxes on vested restricted stock, rather than being sold on the public market.

What types of Health In Tech (HIT) shares are included in the CEO’s holdings?

His post-transaction holdings include 1,037,478 restricted Class A shares and 22,437,199 unrestricted Class A shares. The footnote notes that additional Class B shares and stock options exist but are excluded from this reported Class A ownership figure.