Form 4: HealthEquity Executive Disposes of Shares for Tax Obligations

HealthEquity's EVP and General Counsel, Delano Ladd, disposed of 970 shares of common stock on July 3, 2025, to satisfy tax withholding obligations at a price of $100.8721 per share.

Summary

• Delano Ladd, Executive Vice President and General Counsel of HealthEquity, Inc. (HQY), reported a transaction involving company common stock.
• On July 3, 2025, Mr. Ladd disposed of 970 shares of HealthEquity common stock.
• The disposition was made at a price of $100.8721 per share.
• The transaction code 'F' indicates that the shares were disposed of to the issuer to satisfy tax withholding obligations.
• Following this transaction, Delano Ladd directly beneficially owns 85,456 shares of HealthEquity common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition for tax withholding purposes, which is neutral in sentiment. It does not indicate a change in the executive's overall confidence in the company or significant financial distress.

Future Outlook

No forward-looking statements or guidance are provided in this document, as it is a report of a past insider transaction.

Industry Context

This Form 4 filing details a routine insider transaction for tax purposes and does not provide broader industry context or trends. It reflects an individual executive's share activity within the healthcare financial services sector.

Stakeholder Impact

• Shareholders: The disposition of a small number of shares for tax purposes by an executive is a routine event and is unlikely to have a material impact on the company's stock price or shareholder value.
• Employees: No direct impact on employees is indicated by this filing.

Key Dates

Keywords

HealthEquity, HQY, Delano Ladd, SEC Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Common Stock