Health In Tech CEO surrenders 33,725 shares for tax
Health In Tech CEO Qian LinLin reported share withholding for taxes tied to vesting, with more than 8.9 million Class A shares remaining held directly.
Rhea-AI Filing Summary
Health In Tech, Inc. (HIT) reported that Chief Executive Officer and director Qian LinLin had 33,725 shares of Class A Common Stock withheld on September 15, 2026 to satisfy tax withholding and remittance obligations upon vesting of previously granted restricted stock. After this tax-withholding disposition, LinLin directly holds 8,964,667 Class A shares, including 887,062 restricted and 8,077,605 unrestricted shares, and continues to hold 2,700,000 Class B shares and 711,510 options to purchase Class A shares, which are excluded from that direct Class A share total.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock F1, F2 | 33,725 | $0.89 | $30K |
Footnotes (2)
- 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.
- F2. Includes 887,062 restricted shares of Class A Common Stock and 8,077,605 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.
Key Figures
Key Terms
Class B Common Stock financial
tax withholding and remittance obligations financial
FAQ
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What transaction did HIT CEO Qian LinLin report in this Form 4?
Was the HIT CEO’s Form 4 transaction under a Rule 10b5-1 trading plan?
AI-generated analysis. How Rhea-AI works. Not financial advice.