STOCK TITAN

Health In Tech (HIT) CSO awarded 50,000 performance-based restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lockett Jonathan Del reported acquisition or exercise transactions in this Form 4 filing.

Health In Tech, Inc. Chief Strategy Officer Jonathan Del Lockett received a grant of 50,000 restricted shares of Class A Common Stock under the Health In Tech Equity Incentive Plan. These shares are subject to performance-based milestones and will be forfeited if those milestones are not achieved.

If the first milestone is met by on or before July 1, 2026, 20,000 shares will vest in equal monthly installments over 12 months. If a second milestone is met by on or before August 15, 2026, the remaining 30,000 shares will vest in equal monthly installments over 12 months. Following this award, he directly holds 143,539 shares, consisting of 78,985 unrestricted and 64,554 restricted shares, and also holds options to purchase 165,085 additional shares.

Positive

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Negative

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Insider Lockett Jonathan Del
Role Chief Strategy Officer
Type Security Shares Price Value
Grant/Award Class A Common Stock 50,000 $0.00 --
Holdings After Transaction: Class A Common Stock — 143,539 shares (Direct, null)
Footnotes (1)
  1. Represents restricted shares of Class A Common Stock granted pursuant to the Health In Tech Equity Incentive Plan which shall be automatically forfeited without consideration unless certain performance-based milestones are achieved. 20,000 shares shall vest in equal monthly installments over 12 months, commencing on or before July 1, 2026, if the first milestone is achieved by such date. The remaining 30,000 shares shall vest in equal monthly installments over 12 months, commencing on or before August 15, 2026, if the second milestone is achieved by such date. Includes 78,985 unrestricted shares of Class A Common Stock and 64,554 restricted shares of Class A Common Stock. Excludes 165,085 options to purchase shares of Class A Common Stock.
Restricted shares granted 50,000 shares Class A Common Stock award on May 20, 2026
Shares after transaction 143,539 shares Total direct Class A holdings following grant
Unrestricted shares held 78,985 shares Portion of direct Class A holdings
Restricted shares held 64,554 shares Portion of direct Class A holdings
Options outstanding 165,085 options Options to purchase Class A Common Stock
First milestone vesting block 20,000 shares Vests monthly over 12 months if milestone met by July 1, 2026
Second milestone vesting block 30,000 shares Vests monthly over 12 months if milestone met by August 15, 2026
restricted shares financial
"Represents restricted shares of Class A Common Stock granted pursuant to the Health In Tech Equity Incentive Plan"
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.
performance-based milestones financial
"which shall be automatically forfeited without consideration unless certain performance-based milestones are achieved"
Equity Incentive Plan financial
"granted 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.
vesting financial
"20,000 shares shall vest in equal monthly installments over 12 months"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Class A Common Stock financial
"Represents restricted shares of Class A Common Stock"
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.
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*
Lockett Jonathan Del

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Strategy Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026
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 Stock05/20/2026A50,000(1)A$0143,539(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 granted pursuant to the Health In Tech Equity Incentive Plan which shall be automatically forfeited without consideration unless certain performance-based milestones are achieved. 20,000 shares shall vest in equal monthly installments over 12 months, commencing on or before July 1, 2026, if the first milestone is achieved by such date. The remaining 30,000 shares shall vest in equal monthly installments over 12 months, commencing on or before August 15, 2026, if the second milestone is achieved by such date.
2. Includes 78,985 unrestricted shares of Class A Common Stock and 64,554 restricted shares of Class A Common Stock. Excludes 165,085 options to purchase shares of Class A Common Stock.
Remarks:
Exhibit 24 - Power of Attorney
/s/ (Jonathan) Del Lockett05/22/2026
** 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)

FAQ

What did Health In Tech (HIT) disclose about Jonathan Del Lockett in this Form 4?

Health In Tech reported that Chief Strategy Officer Jonathan Del Lockett received 50,000 restricted Class A Common Stock shares. The award was granted under the company’s Equity Incentive Plan and is subject to performance-based milestones that determine whether and when the shares actually vest.

How many shares did Jonathan Del Lockett receive in this Health In Tech (HIT) grant?

He received 50,000 restricted shares of Class A Common Stock. These shares are not immediately vested; they depend on meeting specific performance milestones and will otherwise be automatically forfeited without consideration, according to the disclosure language in the filing’s footnotes.

What are the vesting conditions for Jonathan Del Lockett’s new Health In Tech (HIT) shares?

The award will be forfeited unless certain performance-based milestones are achieved. If the first milestone is achieved by on or before July 1, 2026, 20,000 shares vest monthly over 12 months. If a second milestone is achieved by on or before August 15, 2026, 30,000 shares vest monthly over 12 months.

How many Health In Tech (HIT) shares does Jonathan Del Lockett hold after this transaction?

After the grant, he directly holds 143,539 Class A Common Stock shares. This total includes 78,985 unrestricted shares and 64,554 restricted shares, as detailed in the footnotes accompanying the Form 4 insider trading report filed with regulators.

Does Jonathan Del Lockett hold any stock options in Health In Tech (HIT)?

Yes, he holds options to purchase 165,085 shares of Class A Common Stock. These options are noted as being excluded from the 143,539 shares reported as currently held, indicating they represent separate derivative-based equity exposure.

Are Jonathan Del Lockett’s new Health In Tech (HIT) shares immediately owned without restrictions?

No, the 50,000 new shares are restricted and subject to performance-based milestones. They will be automatically forfeited without consideration if the milestones are not achieved by the specified dates that trigger 12‑month monthly vesting schedules.