Form 4: HealthEquity Director Paul Black Reports Stock Transactions
SEC Form 4
Director Paul Black reports acquisition and disposal of HealthEquity, Inc. common stock.
Summary
- On July 5, 2024, Paul Black, a director of HealthEquity, Inc., reported acquiring 2,543 shares of common stock at $0 and disposing of 9,394 shares.
- Following these transactions, Black beneficially owns 9,394 shares of HealthEquity common stock.
- The acquisition of 2,543 shares was through restricted stock units, which vest on the earlier of July 5, 2025, or the date of the issuer's next annual stockholder meeting.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions by a company director, indicating a neutral sentiment.
Future Outlook
The restricted stock units will vest on the earlier of July 5, 2025, or the date of the issuer's next annual stockholder meeting, at which point the vested shares will be delivered to the reporting person.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| June 26, 2023 | Date of Power of Attorney filing by Mr. Black with the U.S. Securities & Exchange Commission. |
| July 5, 2024 | Date of stock acquisition and disposal transactions. |
| July 5, 2025 | Vesting date for restricted stock units, or the date of the issuer's next annual stockholder meeting, whichever is earlier. |
| July 9, 2024 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.