Form 4: HealthEquity Founder Gifts Shares, Updates Holdings
Insider Transaction Report
Stephen Neeleman, Founder and Vice Chairman of HealthEquity, reported a gift of 500 shares of common stock and updated his beneficial ownership.
Summary
- Stephen Neeleman, Founder and Vice Chairman of HealthEquity, Inc. (HQY), filed a Form 4 reporting changes in his beneficial ownership.
- The filing indicates a gift (Transaction Code 'G') of 500 shares of common stock on December 17, 2025, with a transaction price of $0.
- Following this transaction, Neeleman directly owns 111,535 shares of common stock.
- He indirectly beneficially owns 549,735 shares of common stock through the Stephen and Christine Neeleman Trust.
- An additional 203,000 shares are indirectly beneficially owned through Neeleman Family Holdings, LLC, where he is the manager, though he disclaims beneficial ownership except for his pecuniary interest.
- Neeleman also holds stock options to purchase 19,897 shares at an exercise price of $41.28, expiring on March 27, 2027.
- He holds options for 14,228 shares at $61.72, expiring on March 27, 2028.
- Furthermore, he holds options for 15,337 shares at $73.61, expiring on March 26, 2029.
- All reported stock options are immediately exercisable.
Sentiment
Score: 5
Explanation: A routine insider transaction (gift) with no direct positive or negative implications for the company's operational performance or financial health. It is a neutral event from a financial analysis perspective.
Related Party Transactions
- Stephen Neeleman indirectly beneficially owns 549,735 shares through the Stephen and Christine Neeleman Trust.
- Stephen Neeleman indirectly beneficially owns 203,000 shares through Neeleman Family Holdings, LLC, where he is the manager. He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
Key Dates
| Date | Description |
|---|---|
| 12/17/2025 | Date of common stock gift transaction. |
| 12/18/2025 | Signature date of the reporting person. |
| 03/27/2027 | Expiration date for 19,897 stock options with an exercise price of $41.28. |
| 03/27/2028 | Expiration date for 14,228 stock options with an exercise price of $61.72. |
| 03/26/2029 | Expiration date for 15,337 stock options with an exercise price of $73.61. |
Recommendation
holdThe filing reports a routine insider transaction where a founder gifted a small number of shares. This type of transaction typically does not reflect on the company's operational performance or future prospects and therefore does not warrant a change in investment recommendation based solely on this filing.
Keywords
HealthEquity, HQY, Stephen Neeleman, Insider Transaction, Form 4, Stock Gift, Beneficial Ownership, Stock Options
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.