Form 4: HealthEquity Executive Delano Ladd Reports Stock Transaction
SEC Form 4 Filing
Delano Ladd, EVP and General Counsel of HealthEquity, Inc., reports the disposition of 617 shares of common stock to cover tax obligations.
Summary
- On October 3, 2024, Delano Ladd, the EVP and General Counsel of HealthEquity, Inc. (HQY), reported a transaction involving the company's common stock.
- Ladd disposed of 617 shares of common stock at a price of $78.2462 per share.
- This transaction was executed to cover tax obligations.
- Following the transaction, Ladd directly owns 63,977 shares of HealthEquity common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 10/03/2024 | Date of stock transaction (disposal of shares). |
| 10/07/2024 | Date of signature on the Form 4 filing. |
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