STOCK TITAN

Health In Tech (HIT) CEO withholds 47,217 shares to cover tax bill

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Health In Tech, Inc. reports that CEO Tim Donald Johnson had 47,217 Class A Common shares withheld at $1.04 per share to satisfy tax obligations tied to vesting restricted stock. After this tax-withholding disposition, he directly holds 23,380,692 Class A shares, including 911,932 restricted and 22,468,760 unrestricted shares; this excludes Class B shares and options.

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 47,217 $1.04 $49K
Holdings After Transaction: Class A Common Stock — 23,380,692 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 911,932 restricted shares of Class A Common Stock and 22,468,760 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 withheld for taxes 47,217 shares Class A Common Stock surrendered on 2026-07-15 for tax withholding
Withholding price per share $1.04 Per-share value used for tax-withholding disposition of Class A shares
Post-transaction Class A holdings 23,380,692 shares Direct Class A Common Stock held after tax-withholding event
Restricted Class A shares 911,932 shares Restricted Class A included in post-transaction holdings
Unrestricted Class A shares 22,468,760 shares Unrestricted Class A included in post-transaction holdings
Excluded Class B shares 9,000,000 shares Class B Common Stock specifically excluded from Class A total
Excluded stock options 734,707 options Options to purchase Class A Common Stock excluded from share count
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.
service-based vesting requirements financial
"for which service-based vesting requirements have been satisfied"
tax withholding and remittance obligations financial
"to satisfy tax withholding and remittance obligations in connection with the vesting"
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
"and 734,707 options to purchase shares of Class A Common Stock"

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What insider transaction did Health In Tech (HIT) disclose in this Form 4?

Health In Tech disclosed a tax-withholding disposition of 47,217 Class A shares by CEO Tim Donald Johnson. The shares were surrendered to cover tax obligations arising from vesting restricted stock, rather than being sold in an open market transaction.

How many Health In Tech (HIT) shares were withheld for taxes and at what price?

A total of 47,217 Class A Common shares were withheld at $1.04 per share for taxes. This disposition satisfied tax withholding and remittance obligations associated with the vesting of previously granted restricted shares of Class A Common Stock.

What is CEO Tim Donald Johnson’s Class A holding in Health In Tech (HIT) after the transaction?

After the tax-withholding event, Tim Donald Johnson directly holds 23,380,692 Class A shares. This includes 911,932 restricted shares and 22,468,760 unrestricted shares, according to the reported post-transaction ownership footnote in the Form 4 filing.

Does the Form 4 for Health In Tech (HIT) indicate any Class B share or option holdings?

Yes. The filing notes an additional 9,000,000 Class B shares and 734,707 stock options, which are specifically excluded from the reported Class A total. These figures provide context on the reporting person’s broader equity exposure beyond Class A Common Stock.

Was the Health In Tech (HIT) CEO’s Form 4 transaction under a Rule 10b5-1 trading plan?

No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and the transaction is described as tax withholding on restricted stock vesting. It reflects an administrative share surrender rather than a discretionary trading-plan sale or purchase in the market.
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)
07/15/2026
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 Stock07/15/2026F47,217(1)D$1.0423,380,692(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 911,932 restricted shares of Class A Common Stock and 22,468,760 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 Johnson07/17/2026
** 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)