STOCK TITAN

HealthEquity (HQY) founder updates stock, options and tax-withheld shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

HEALTHEQUITY, INC. founder and vice chairman Stephen Neeleman reported updated holdings. On July 8, 2026, 1,103 shares of common stock were disposed of in a tax-withholding transaction at $95.0831 per share, leaving 137,565 shares held directly. He also reports additional indirect ownership through a trust, his spouse, and a family LLC, and continues to hold vested stock options covering 15,337, 14,228, and 19,897 shares at exercise prices of $73.61, $61.72, and $41.28, respectively.

Positive

  • None.

Negative

  • None.
Insider Neeleman Stephen
Role FOUNDER AND VICE CHAIRMAN
Type Security Shares Price Value
Tax Withholding Common Stock 1,103 $95.0831 $105K
holding Stock Option (right to buy) -- -- --
holding Stock Options (right to buy) -- -- --
holding Stock Options (right to buy) -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 137,565 shares (Direct, null); Stock Option (right to buy) — 19,897 shares (Direct, null); Stock Options (right to buy) — 14,228 shares (Direct, null); Common Stock — 409,735 shares (Indirect, See footnote)
Footnotes (1)
  1. Shares held of record by the Stephen and Christine Neeleman Trust. 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. 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. The option is immediately exercisable.
Tax-withheld shares 1,103 shares Common stock disposed of for tax liability on July 8, 2026
Tax-withholding price $95.0831 per share Value used for 1,103 shares delivered for tax obligations
Direct common shares after transaction 137,565 shares Directly held HealthEquity common stock following tax withholding
Option position 1 exercise price $73.6100 Stock options on 15,337 underlying shares expiring March 26, 2029
Option position 1 underlying shares 15,337 shares Underlying common stock for options at $73.6100 exercise price
Option position 2 exercise price $61.7200 Stock options on 14,228 underlying shares expiring March 27, 2028
Option position 3 exercise price $41.2800 Stock options on 19,897 underlying shares expiring March 27, 2027
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
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.
beneficial ownership financial
"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.
pecuniary interest financial
"except to the extent of his pecuniary interest therein"
Stock Options (right to buy financial
"Stock Options (right to buy) underlying shares of Common Stock"
indirect ownership financial
"Shares held of record by Neeleman Family Holdings, LLC"
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did HEALTHEQUITY (HQY) insider Stephen Neeleman report in this Form 4?

Stephen Neeleman reported a tax-withholding disposition of 1,103 shares of HealthEquity common stock and updated his direct, indirect, and option holdings as of July 8, 2026.

How many HEALTHEQUITY (HQY) shares does Stephen Neeleman hold directly after the transaction?

After the tax-withholding disposition, Stephen Neeleman directly holds 137,565 shares of HealthEquity common stock, according to the Form 4 filed for July 8, 2026.

What was the price used for the HEALTHEQUITY (HQY) tax-withholding shares?

The 1,103 shares of HealthEquity common stock used for tax withholding were valued at $95.0831 per share, reflecting a disposition to satisfy tax obligations rather than an open-market sale.

What stock options does Stephen Neeleman hold in HEALTHEQUITY (HQY) after this Form 4?

He holds vested stock options on 15,337 shares at $73.61, 14,228 shares at $61.72, and 19,897 shares at $41.28, each expiring between 2027 and 2029.

Does Stephen Neeleman have indirect ownership of HEALTHEQUITY (HQY) shares?

Yes. The Form 4 notes indirect holdings through a trust, his spouse, and Neeleman Family Holdings, LLC, with related footnotes describing beneficial ownership and pecuniary interest limitations.

Was the HEALTHEQUITY (HQY) insider transaction an open-market sale?

No. The reported disposition involves 1,103 shares coded as F, indicating shares delivered to cover tax liabilities, not an open-market sale to other investors.
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*
Neeleman Stephen

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
FOUNDER AND VICE CHAIRMAN
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/08/2026
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
Common Stock07/08/2026F1,103D$95.0831137,565D
Common Stock409,735ISee footnote(1)
Common Stock140,000ISee footnote(2)
Common Stock203,000ISee footnote(3)
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
Stock Option (right to buy)$41.28 (4)03/27/2027Common Stock19,89719,897D
Stock Options (right to buy)$61.72 (4)03/27/2028Common Stock14,22814,228D
Stock Options (right to buy)$73.61 (4)03/26/2029Common Stock15,33715,337D
Explanation of Responses:
1. Shares held of record by the Stephen and Christine Neeleman Trust.
2. 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.
3. 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.
4. The option is immediately exercisable.
/s/ Stephen Neeleman07/10/2026
** 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)