Form 4: HealthEquity Director Gayle Furgurson Wellborn Executes Stock Option and Sells Shares
SEC Form 4
Director Gayle Furgurson Wellborn exercised stock options and sold shares of HealthEquity, Inc. on July 9, 2024.
Summary
- On July 9, 2024, Gayle Furgurson Wellborn, a director of HealthEquity, Inc., exercised stock options to acquire 5,297 shares of common stock at a price of $47.21 per share.
- Simultaneously, Wellborn sold 5,297 shares of common stock at a price of $81.34 per share.
- Following these transactions, Wellborn directly owns 17,730 shares of HealthEquity common stock.
- Wellborn also holds 2,439 stock options with an exercise price of $47.21 and 4,339 stock options with an exercise price of $50.41.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The transactions themselves don't necessarily indicate a positive or negative outlook for the company.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the trading activities of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 06/26/2023 | Power of Attorney given by Ms. Wellborn was previously filed with the U.S. Securities and Exchange Commission. |
| 07/09/2024 | Earliest transaction date: Exercise of stock options and sale of common stock. |
| 07/10/2024 | Date of signature for the Form 4 filing. |
| 08/01/2027 | Expiration date for some stock options. |
| 02/01/2028 | Expiration date for some stock options. |
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