Form 4: HealthEquity EVP Delano Ladd Reports Stock Transactions

Delano Ladd, EVP and General Counsel of HealthEquity, Inc., reports the acquisition and disposal of company stock and derivative securities.

Summary

• Delano Ladd, an EVP and General Counsel at HealthEquity, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On April 2, 2025, Ladd acquired 14,086 shares of common stock and 17,576 restricted stock units, each representing a contingent right to receive one share of common stock.
• Also on April 2, 2025, 17,576 restricted stock units vested.
• On April 3, 2025, Ladd disposed of 1,352 shares of common stock at a weighted average price of $83.877 per share.
• Following these transactions, Ladd beneficially owns 93,417 shares of HealthEquity common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

The restricted stock units vest over time, with 25% vesting on April 1, 2026, and the remaining shares vesting in increments of 6.25% each quarter for the following twelve quarters.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track management's sentiment and actions regarding their company's stock.

Stakeholder Impact

• The transactions may provide insights to shareholders regarding the executive's view on the company's stock value.

Key Dates

Keywords

Form 4, HealthEquity, HQY, Beneficial Ownership, Stock Transaction, Restricted Stock Units, Delano Ladd, EVP, General Counsel