STOCK TITAN

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

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Health In Tech, Inc. director and Chief Financial Officer Qian LinLin reported a disposition of Class A Common Stock related to tax withholding. On 2026-08-13, 28,183 shares of Class A Common Stock were surrendered to the company at $1.06 per share to satisfy tax withholding and remittance obligations arising from the vesting of previously granted restricted shares. After this transaction, Qian LinLin directly holds 8,998,392 Class A Common Stock, consisting of 938,743 restricted shares and 8,059,649 unrestricted shares. The reported total excludes 2,700,000 shares of Class B Common Stock and 711,510 options to purchase Class A Common Stock.

Positive

  • None.

Negative

  • None.
Insider Qian LinLin
Role Chief Financial Officer
Type Security Shares Price Value
Tax Withholding Class A Common Stock F1, F2 28,183 $1.06 $30K
Holdings After Transaction: Class A Common Stock — 8,998,392 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 938,743 restricted shares of Class A Common Stock and 8,059,649 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 tax withholding 28,183 shares Class A Common Stock delivered on 2026-08-13 to satisfy tax obligations
Reported price per surrendered share $1.06 per share Value applied to 28,183 Class A shares used for tax withholding
Total Class A shares held after transaction 8,998,392 shares Direct holdings of Class A Common Stock following the 2026-08-13 disposition
Restricted Class A shares included in holdings 938,743 shares Portion of the 8,998,392 Class A shares that are restricted
Unrestricted Class A shares included in holdings 8,059,649 shares Portion of the 8,998,392 Class A shares that are unrestricted
Excluded Class B shares 2,700,000 shares Class B Common Stock held but excluded from the Class A holdings total
Excluded options to purchase Class A shares 711,510 options Options to acquire Class A Common Stock excluded from the Class A holdings total
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 2,700,000 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 2,700,000 shares of Class B Common Stock and 711,510 options to purchase shares"

FAQ

What did HIT insider Qian LinLin report in this Form 4 transaction?

Qian LinLin reported surrendering 28,183 Class A shares of Health In Tech, Inc. on 2026-08-13. These shares were delivered back to the issuer to cover tax withholding obligations related to the vesting of previously granted restricted stock.

At what price were the HIT shares used for tax withholding valued?

The surrendered shares were valued at $1.06 per share. This price is used solely for reporting the value of the 28,183 Class A Common Stock delivered to satisfy tax withholding and remittance obligations tied to restricted stock vesting.

How many HIT Class A shares does Qian LinLin hold after this Form 4 event?

After the transaction, Qian LinLin directly holds 8,998,392 Class A shares. This total includes 938,743 restricted shares and 8,059,649 unrestricted shares of Class A Common Stock, according to the reported post-transaction holdings detail.

Does Qian LinLin have other HIT equity interests not counted in the Class A total?

Yes. The reported 8,998,392 Class A shares specifically excludes 2,700,000 shares of Class B Common Stock and 711,510 options to purchase Class A Common Stock, which are disclosed separately in the footnotes.

Was the HIT Form 4 transaction by Qian LinLin a market sale or tax withholding?

The transaction was for tax withholding, not an open-market sale. The 28,183 Class A shares were surrendered to the issuer to satisfy tax withholding and remittance obligations arising from restricted stock vesting.

Is the HIT Form 4 transaction reported under a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 indicator is unchecked, and the transaction is described as a tax-withholding disposition tied to restricted stock vesting rather than a trade under a pre-arranged Rule 10b5-1 plan.

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*
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)
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 Stock08/13/2026F28,183(1)D$1.068,998,392(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 938,743 restricted shares of Class A Common Stock and 8,059,649 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 Qian08/17/2026
** 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)