STOCK TITAN

Health In Tech CEO surrenders 63K shares for tax

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Health In Tech, Inc. (HIT) reported that Chief Executive Officer and director Tim Donald Johnson surrendered 63,339 restricted shares of Class A Common Stock to the company on September 15, 2026 to satisfy tax withholding obligations tied to the vesting of previously granted restricted stock. After this tax-withholding disposition, he holds 23,271,026 Class A shares, consisting of restricted and unrestricted stock, in addition to separate holdings of Class B shares and stock 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 63,339 $0.89 $56K
Holdings After Transaction: Class A Common Stock — 23,271,026 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 755,592 restricted shares of Class A Common Stock and 22,515,434 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 surrendered for tax withholding 63,339 shares Restricted Class A Common Stock surrendered on September 15, 2026
Implied price per share for tax withholding $0.89 per share Value used for the 63,339 surrendered shares
Class A shares held after transaction 23,271,026 shares Total direct Class A Common Stock after September 15, 2026 disposition
Restricted Class A shares included in holdings 755,592 shares Restricted shares of Class A Common Stock included in post-transaction total
Unrestricted Class A shares included in holdings 22,515,434 shares Unrestricted shares of Class A Common Stock included in post-transaction total
Excluded Class B Common Stock 9,000,000 shares Class B Common Stock not included in the reported Class A holdings
Excluded stock options 734,707 options Options to purchase Class A Common Stock excluded from share totals
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.
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.
Class B Common Stock financial
"Excludes 9,000,000 shares of Class B Common Stock"
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
"Excludes 9,000,000 shares of Class B Common Stock and 734,707 options to purchase shares"
tax withholding and remittance obligations financial
"to satisfy tax withholding and remittance obligations in connection with the vesting"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did HIT’s CEO report on this Form 4?

Tim Donald Johnson reported surrendering 63,339 restricted shares of Health In Tech Class A Common Stock on September 15, 2026 to the issuer to satisfy tax withholding and remittance obligations arising from the vesting of restricted shares.

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

After the September 15, 2026 transaction, Tim Donald Johnson holds 23,271,026 Class A Common shares, including 755,592 restricted shares and 22,515,434 unrestricted shares, as disclosed in the filing footnotes.

Was the HIT CEO’s September 15, 2026 Form 4 transaction an open-market sale?

No. The filing describes the transaction as restricted shares of Class A Common Stock surrendered to the issuer to satisfy tax withholding and remittance obligations related to vesting, rather than an open-market sale.

Does the Health In Tech (HIT) CEO still own Class B shares after this transaction?

Yes. The footnotes state that the reported Class A holdings exclude 9,000,000 shares of Class B Common Stock, indicating Tim Donald Johnson remains associated with those Class B shares in addition to his Class A position.

Was the HIT CEO’s tax-withholding share surrender under a Rule 10b5-1 plan?

No Rule 10b5-1 trading plan is reported. The document-level checkbox affirming that the reported transactions were made under such a plan is not checked, and the footnotes do not describe any pre-arranged trading plan.

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
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)
09/15/2026
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 Stock09/15/2026F63,339(1)D$0.8923,271,026(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 755,592 restricted shares of Class A Common Stock and 22,515,434 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 Johnson09/16/2026
** 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)

Keep reading