Form 4: HealthEquity Executive Delano Ladd Reports Stock Disposals
SEC Form 4 Filing
Delano Ladd, EVP, GC & Corporate Secretary of HealthEquity, Inc., reported the disposal of common stock to cover tax obligations.
Summary
- Delano Ladd, an executive at HealthEquity, Inc., filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the disposal of HealthEquity common stock on April 1, 2024, and April 2, 2024.
- A total of 3,461 shares were disposed of on April 1, 2024, at a price of $80.6151 per share.
- An additional 1,332 shares were disposed of on April 2, 2024, at a price of $81.863 per share.
- Following these transactions, Ladd directly owns 66,900 shares of HealthEquity common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports routine stock disposals by an executive, likely for tax purposes. It doesn't indicate any fundamental issues with the company.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares, but the effect is likely minimal given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Disposal of 3,461 shares of common stock at $80.6151 per share. |
| 04/02/2024 | Disposal of 1,332 shares of common stock at $81.863 per share. |
| 04/03/2024 | Date of signature for the Form 4 filing. |
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.