HealthEquity (HQY) EVP uses 2,481 shares to cover taxes

Rhea-AI Filing Summary

HEALTHEQUITY, INC. executive Ladd Delano, EVP and General Counsel, reported a routine tax-related share transaction. On this Form 4, he delivered 2,481 shares of Common Stock at $83.8363 per share to cover tax obligations by using shares instead of cash. This was a tax-withholding disposition rather than an open-market sale. After the transaction, he directly owned 98,641 shares of HealthEquity common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ladd Delano

Role EVP, General Counsel

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	2,481	$83.8363	$208K

Holdings After Transaction: Common Stock — 98,641 shares (Direct)

Footnotes (1)

Key Figures

Shares used for tax withholding: 2,481 shares Implied price per share: $83.8363 per share Shares held after transaction: 98,641 shares

3 metrics

Shares used for tax withholding 2,481 shares Common Stock delivered for tax liability on 2026-04-06

Implied price per share $83.8363 per share Value assigned to shares in tax-withholding disposition

Shares held after transaction 98,641 shares Direct ownership following tax-withholding disposition

Key Terms

tax-withholding disposition, Payment of exercise price or tax liability by delivering securities, Common Stock

3 terms

tax-withholding disposition financial

"transaction_action": "tax-withholding disposition""

A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.

Payment of exercise price or tax liability by delivering securities financial

"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Ladd Delano

(Last) (First) (Middle)

C/O HEALTHEQUITY, INC.

15 W. SCENIC POINTE DR., STE. 100

(Street)

DRAPER UTAH 84020

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HEALTHEQUITY, INC. [ HQY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/06/2026		F		2,481	D	$83.8363	98,641	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Delano Ladd	04/08/2026
	** Signature of Reporting Person	Date
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 insider transaction did HealthEquity (HQY) report for Ladd Delano?

HealthEquity EVP and General Counsel Ladd Delano reported a tax-withholding disposition of 2,481 shares of Common Stock. The shares were delivered to cover tax obligations, not sold in the open market, and reflect routine equity compensation mechanics.

How many HealthEquity (HQY) shares were used for Ladd Delano’s tax payment?

Ladd Delano used 2,481 shares of HealthEquity Common Stock to satisfy tax obligations. The shares were valued at $83.8363 each, according to the Form 4 disclosure describing the transaction as payment of tax liability by delivering securities.

Was Ladd Delano’s HealthEquity (HQY) transaction an open-market stock sale?

No, the filing describes the transaction as a tax-withholding disposition, not an open-market sale. Shares were delivered to pay tax liability or exercise costs, a common administrative step associated with equity compensation, rather than a discretionary stock sale.

How many HealthEquity (HQY) shares does Ladd Delano hold after the transaction?

Following the tax-withholding disposition, Ladd Delano directly owns 98,641 shares of HealthEquity Common Stock. This post-transaction holding is disclosed in the Form 4 and shows he retains a substantial equity stake after the routine tax-related share delivery.

What price per share did HealthEquity (HQY) report for the tax-withheld shares?

The Form 4 reports a price of $83.8363 per share for the 2,481 shares delivered. This figure is used in describing the tax-withholding disposition for payment of tax liability or exercise price by delivering securities, rather than receiving cash proceeds from a sale.