HealthEquity founder reports tax share withholding
HEALTHEQUITY, INC. founder and vice chairman Stephen Neeleman reported a tax-withholding disposition of 9,292 shares of common stock at $82.5264 per share on March 31, 2026.
Rhea-AI Filing Summary
HEALTHEQUITY, INC. founder and vice chairman Stephen Neeleman reported a tax-withholding disposition of 9,292 shares of common stock at $82.5264 per share on March 31, 2026. These shares were withheld to satisfy tax obligations, not sold in an open-market transaction.
After this event, he holds 141,227 common shares directly. Additional common stock is held indirectly through a family trust, his spouse, and a family holding company, with portions of beneficial ownership disclaimed as described in the footnotes. He also retains vested stock options over tens of thousands of shares with exercise prices between $41.28 and $73.61 that expire from 2027 through 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 9,292 shares
Exercise Price or Tax Liability
7 txns
Insider
Neeleman Stephen
Role
FOUNDER AND VICE CHAIRMAN
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 9,292 | $82.5264 | $767K |
| 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 — 141,227 shares (Direct);
Stock Option (right to buy) — 19,897 contracts (Direct);
Stock Options (right to buy) — 29,565 contracts (Direct);
Common Stock — 752,735 shares (Indirect, See footnote)
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 withheld for taxes: 9,292 shares
Tax-withholding price: $82.5264 per share
Direct shares after transaction: 141,227 shares
+4 more
7 metrics
Shares withheld for taxes
9,292 shares
Tax-withholding disposition at $82.5264 on March 31, 2026
Tax-withholding price
$82.5264 per share
Price for 9,292-share F-code disposition
Direct shares after transaction
141,227 shares
Common stock directly held after March 31, 2026
Indirect trust holding
409,735 shares
Common stock held through Stephen and Christine Neeleman Trust
Stock options at $41.28
19,897 underlying shares
Immediately exercisable; expire March 27, 2027
Stock options at $61.72
14,228 underlying shares
Immediately exercisable; expire March 27, 2028
Stock options at $73.61
15,337 underlying shares
Immediately exercisable; expire March 26, 2029
Key Terms
tax-withholding disposition, Stock Option (right to buy, beneficial ownership, pecuniary interest, +1 more
5 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.
Stock Option (right to buy financial
"security_title": "Stock Option (right to buy)""
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities"
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"
Section 16 regulatory
"for purposes of Section 16 or for any other purpose"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HealthEquity (HQY) founder Stephen Neeleman report in this Form 4?
Stephen Neeleman reported a tax-withholding disposition of 9,292 shares of HealthEquity common stock at $82.5264 per share. The shares were withheld to cover tax obligations related to equity compensation, rather than sold in an open-market trade.
What indirect HealthEquity (HQY) holdings are associated with Stephen Neeleman?
The filing lists indirect holdings of 409,735, 140,000, and 203,000 common shares through a family trust, spouse, and family LLC. Footnotes state he disclaims beneficial ownership of some of these shares, except to the extent of any pecuniary interest.
What stock options on HealthEquity (HQY) does Stephen Neeleman retain?
Neeleman holds vested stock options over 19,897 shares at $41.28, 14,228 shares at $61.72, and 15,337 shares at $73.61. These options are immediately exercisable and expire between March 2027 and March 2029, according to the filing.
How significant is the reported HealthEquity (HQY) tax-withholding transaction?
The transaction covers 9,292 shares withheld for taxes, while Neeleman retains 141,227 shares directly plus substantial indirect holdings and options. Because it is a tax-related withholding rather than an open-market sale, it is generally viewed as a routine administrative event.
AI-generated analysis. How Rhea-AI works. Not financial advice.
