STOCK TITAN

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

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

Rhea-AI Filing Summary

Health In Tech, Inc. director and Chief Financial Officer Qian LinLin reported a tax-related share disposition. On May 14, 2026, she surrendered 23,324 shares of Class A Common Stock at $1.23 per share to the company to satisfy tax withholding obligations tied to vesting restricted stock.

After this transaction, she directly holds 9,083,751 Class A shares, including 1,060,738 restricted and 8,023,013 unrestricted shares. The filing notes this does not include 2,700,000 Class B shares or 711,510 stock options.

Positive

  • None.

Negative

  • None.
Insider Qian LinLin
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock 23,324 $1.23 $29K
Holdings After Transaction: Class A Common Stock — 9,083,751 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 1,060,738 restricted shares of Class A Common Stock and 8,023,013 unrestricted shares of Class A Common Stock. Excludes 2,700,000 shares of Class B Common Stock and 711,510 options to purchase shares of Class A Common Stock.
Shares surrendered for taxes 23,324 shares Class A Common Stock delivered for tax withholding
Price per surrendered share $1.23/share Value used for tax-withholding disposition
Shares held after transaction 9,083,751 shares Total Class A Common Stock directly held post-transaction
Restricted Class A shares held 1,060,738 shares Restricted Class A Common Stock included in total holdings
Unrestricted Class A shares held 8,023,013 shares Unrestricted Class A Common Stock included in total holdings
Excluded Class B shares 2,700,000 shares Class B Common Stock noted but excluded from Class A total
Excluded stock options 711,510 options Options to purchase Class A Common Stock, excluded from share total
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.
tax withholding financial
"surrendered to the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting"
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"
Class B Common Stock financial
"Excludes 2,700,000 shares of Class B Common Stock and 711,510 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
"Excludes 2,700,000 shares of Class B Common Stock and 711,510 options to purchase shares of Class A Common Stock"
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*
Qian LinLin

(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 Financial 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)
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 Stock05/14/2026F23,324(1)D$1.239,083,751(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 1,060,738 restricted shares of Class A Common Stock and 8,023,013 unrestricted shares of Class A Common Stock. Excludes 2,700,000 shares of Class B Common Stock and 711,510 options to purchase shares of Class A Common Stock.
/s/ Lori Babcock, as attorney-in-fact for LinLin Qian05/18/2026
** 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) CFO Qian LinLin report in this Form 4?

She reported surrendering shares to cover taxes on vested stock awards. Specifically, 23,324 Class A Common shares were delivered to the company to satisfy tax withholding obligations related to previously granted restricted stock that had met service-based vesting conditions.

How many Health In Tech (HIT) shares did the CFO surrender for tax withholding?

The CFO surrendered 23,324 shares of Class A Common Stock at $1.23 per share. These shares were used to satisfy tax withholding and remittance obligations arising from the vesting of restricted stock grants previously disclosed on an earlier Form 4.

Is the Health In Tech (HIT) CFO’s Form 4 transaction an open-market sale?

No, the transaction is not an open-market sale. It is a tax-withholding disposition, where 23,324 shares were delivered back to the issuer to cover tax obligations associated with the vesting of restricted Class A Common Stock awards.

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

After the transaction, the CFO directly holds 9,083,751 Class A shares. This includes 1,060,738 restricted shares and 8,023,013 unrestricted shares, reflecting her remaining equity position following the tax-withholding share surrender.

Why were Health In Tech (HIT) restricted shares surrendered by the CFO?

The restricted shares were surrendered to satisfy tax withholding and remittance obligations. These obligations arose when previously granted restricted Class A Common Stock vested after meeting service-based vesting requirements, triggering a taxable event for the recipient.