STOCK TITAN

Health In Tech (HIT) exec surrenders stock to cover taxes

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Health In Tech, Inc. officer Hasan Zain Syed reported a disposition of 4,007 shares of Class A Common Stock on 2026-08-13 at $1.06 per share. The shares were surrendered to cover tax withholding related to vesting of previously granted restricted stock. After this tax-withholding disposition, Syed directly holds 200,211 shares, including 179,326 restricted and 20,885 unrestricted shares of Class A Common Stock.

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Insider Hasan Zain Syed
Role Chief Growth Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1, F2 4,007 $1.06 $4K
Holdings After Transaction: Class A Common Stock — 200,211 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 179,326 restricted shares of Class A Common Stock and 20,885 unrestricted shares of Class A Common Stock.
Shares surrendered for tax 4,007 shares Restricted Class A Common Stock surrendered on 2026-08-13 to satisfy tax withholding
Transaction price per share $1.06 per share Value assigned to the 4,007 surrendered shares of Class A Common Stock
Shares held after transaction 200,211 shares Direct Class A Common Stock holdings after the 2026-08-13 disposition
Restricted shares held 179,326 shares Restricted Class A Common Stock included in post-transaction holdings
Unrestricted shares held 20,885 shares Unrestricted Class A Common Stock included in post-transaction holdings
restricted shares financial
"Includes 179,326 restricted shares of Class A Common Stock"
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"
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.
Class A Common Stock financial
"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.
Form 4 regulatory
"previously reported by the reporting person on a Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

What transaction did Hasan Zain Syed report on Form 4 for HIT?

Hasan Zain Syed reported surrendering 4,007 shares of Health In Tech Class A Common Stock on 2026-08-13. The shares were delivered to the issuer to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock.

At what price were Hasan Zain Syed’s HIT shares used for tax withholding valued?

The 4,007 shares of Health In Tech Class A Common Stock used for tax withholding were valued at $1.06 per share. This value is reported as the transaction price in connection with satisfying tax withholding and remittance obligations on vested restricted shares.

How many HIT shares does Hasan Zain Syed hold after the reported Form 4 transaction?

Following the tax-withholding disposition, Hasan Zain Syed directly holds 200,211 shares of Health In Tech Class A Common Stock. This position includes both restricted and unrestricted shares as disclosed in the filing’s footnotes after the 2026-08-13 transaction.

What portion of Hasan Zain Syed’s HIT holdings are restricted versus unrestricted shares?

After the transaction, Syed’s direct holdings include 179,326 restricted shares and 20,885 unrestricted shares of Health In Tech Class A Common Stock. These figures show that the majority of his position remains subject to restrictions linked to prior equity awards.

Was Hasan Zain Syed’s HIT Form 4 transaction a market sale or tax withholding?

The Form 4 describes the transaction as payment of tax liability by delivering or withholding securities, not an open-market sale. Restricted shares were surrendered back to the issuer to cover tax withholding and remittance obligations upon vesting of restricted stock.

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

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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*
Hasan Zain Syed

(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 Growth Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/13/2026
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 Stock08/13/2026F4,007(1)D$1.06200,211(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 179,326 restricted shares of Class A Common Stock and 20,885 unrestricted shares of Class A Common Stock.
/s/ Lori Babcock, as attorney-in-fact for Zain Hasan08/17/2026
** 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)