Director Stuart B. Parker receives 2,877 RSUs at HealthEquity (HQY)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parker Stuart B. reported acquisition or exercise transactions in this Form 4 filing.
HealthEquity, Inc. director Stuart B. Parker received an award of 2,877 shares of common stock in the form of restricted stock units. The award is a compensation grant at a price of $0.00 per share, not an open-market purchase.
The restricted stock units vest in full on the earlier of June 25, 2027 or the company’s next annual stockholder meeting in June 2027. After this grant, Parker directly holds 25,975 shares of HealthEquity common stock, highlighting a modest increase in his equity-based compensation stake.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parker Stuart B.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,877 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 25,975 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 2,877 shares
Grant price: $0.00 per share
Post-transaction holdings: 25,975 shares
+1 more
4 metrics
RSU grant size
2,877 shares
Restricted stock unit award to director on June 25, 2026
Grant price
$0.00 per share
Compensation grant, not an open-market purchase
Post-transaction holdings
25,975 shares
Director’s direct ownership after RSU grant
Vesting date
June 25, 2027
Full vesting or earlier at next annual stockholder meeting in June 2027
Key Terms
restricted stock unit, change of control, Amended and Restated 2024 Equity Incentive Plan
3 terms
restricted stock unit financial
"Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
change of control financial
"Vested shares will be delivered to the reporting person upon the earlier of a change of control of the issuer..."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
Amended and Restated 2024 Equity Incentive Plan financial
"...as defined in the issuer's Amended and Restated 2024 Equity Incentive Plan..."
FAQ
What did HealthEquity (HQY) director Stuart B. Parker report in this Form 4?
Stuart B. Parker reported receiving a grant of 2,877 restricted stock units of HealthEquity common stock. The award is part of his director compensation and was recorded at $0.00 per share, meaning it was not an open-market purchase.
When do Stuart B. Parker’s HealthEquity (HQY) restricted stock units vest?
The restricted stock units vest in full on the earlier of June 25, 2027 or HealthEquity’s next annual stockholder meeting in June 2027. Vesting must occur before shares are delivered to Parker under the terms of the award.