HealthEquity founder gifts 1,500 shares
HealthEquity founder Stephen Neeleman reported a bona fide gift of 1,500 indirectly held shares while retaining significant direct stock and option positions.
Rhea-AI Filing Summary
HEALTHEQUITY, INC. (HQY) director and founder Stephen Neeleman reported a bona fide gift transfer of 1,500 shares of Common Stock on September 17, 2026, from indirect holdings held by the Stephen and Christine Neeleman Trust. No Rule 10b5-1 trading plan is reported for this transaction. He continues to hold 137,565 shares of Common Stock directly, along with stock options to purchase additional shares at exercise prices of $41.28, $61.72, and $73.61 per share that are immediately exercisable and expire between March 2027 and March 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,500 shares gifted
Gift
7 txns
Insider
Neeleman Stephen
Role
FOUNDER AND VICE CHAIRMAN
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 1,500 | $0.00 | $0.00 |
| holding | Stock Option (right to buy) F4 | -- | -- | -- |
| holding | Stock Options (right to buy) F4 | -- | -- | -- |
| holding | Stock Options (right to buy) F4 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 751,235 shares (Indirect, See footnote);
Stock Option (right to buy) — 19,897 contracts (Direct);
Stock Options (right to buy) — 29,565 contracts (Direct);
Common Stock — 137,565 shares (Direct)
Footnotes (4)
- F1. Shares held of record by the Stephen and Christine Neeleman Trust.
- F2. The securities are beneficially owned by the Reporting Person's spouse. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F3. Shares held of record by Neeleman Family Holdings, LLC ("Family Holdings"), a Utah limited liability company. The reporting person is the manager of Family Holdings. The reporting person disclaims beneficial ownership of the shares held by Family Holdings except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares held by Family Holdings for any other purposes.
- F4. The option is immediately exercisable.
Key Figures
Shares gifted: 1,500 shares
Gift price per share: $0.00 per share
Direct Common Stock holding: 137,565 shares
+3 more
6 metrics
Shares gifted
1,500 shares
Bona fide gift of Common Stock on September 17, 2026 from indirect trust holdings
Gift price per share
$0.00 per share
Reported value for the 1,500-share bona fide gift of Common Stock
Direct Common Stock holding
137,565 shares
Common Stock directly held by Stephen Neeleman after the reported transactions
Stock option at $41.28
19,897 underlying shares at $41.28
Stock option on Common Stock expiring March 27, 2027, immediately exercisable
Stock option at $61.72
14,228 underlying shares at $61.72
Stock option on Common Stock expiring March 27, 2028, immediately exercisable
Stock option at $73.61
15,337 underlying shares at $73.61
Stock option on Common Stock expiring March 26, 2029, immediately exercisable
Key Terms
bona fide gift, indirect ownership, beneficial ownership, immediately exercisable
4 terms
bona fide gift regulatory
"reported a bona fide gift transfer of 1,500 shares of Common Stock"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"from indirect holdings held by the Stephen and Christine Neeleman Trust"
beneficial ownership regulatory
"The securities are beneficially owned by the Reporting Person's spouse"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
immediately exercisable financial
"The option is immediately exercisable."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HQY founder Stephen Neeleman report on this Form 4?
He reported a bona fide gift of 1,500 shares of Common Stock on September 17, 2026, from an indirect holding registered to the Stephen and Christine Neeleman Trust. No cash consideration was reported for this transfer.
Were the HQY transactions reported under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that no Rule 10b5-1 trading plan is affirmed for these transactions, and the footnotes do not state that the gift or holdings were made under a pre-arranged trading plan.
What indirect ownership interests in HQY stock are disclosed for Stephen Neeleman?
Indirect interests include shares held by the Stephen and Christine Neeleman Trust, shares beneficially owned by his spouse, and shares held by Neeleman Family Holdings, LLC. He disclaims beneficial ownership of spouse and LLC shares except to the extent of any pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
