Form 4: Health Catalyst Executive Sells Shares to Cover Tax Obligations

Benjamin Landry, General Counsel of Health Catalyst, Inc., sold shares to cover tax withholding obligations related to the vesting of restricted stock units.

Summary

• On March 3, 2025, Benjamin Landry, the General Counsel of Health Catalyst, Inc., disposed of 9,024 shares of common stock to cover tax withholding obligations.
• The shares were sold at a price of $4.5771 per share.
• Following the transaction, Landry directly owns 174,264 shares of Health Catalyst, Inc.
• The sale was mandated by Health Catalyst's equity incentive plan, which requires tax withholding obligations to be funded by a 'sell to cover' transaction.

Sentiment

Score: 6

Explanation: The document describes a routine transaction (sell to cover taxes) by an executive, which is neither particularly positive nor negative. It's a neutral event in terms of investment sentiment.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among company executives. This transaction reflects standard compensation practices and tax management strategies.

Stakeholder Impact

• The sale of shares by an executive could have a minor, temporary impact on the stock price, but is unlikely to have a significant long-term effect.

Key Dates