Form 4: HealthEquity Founder Stephen Neeleman Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
Stephen Neeleman, Founder and Vice Chairman of HealthEquity, Inc., reported disposing of 9,019 shares of common stock on April 8, 2025, to cover tax obligations.
Summary
- On April 8, 2025, Stephen Neeleman, Founder and Vice Chairman of HealthEquity, Inc., disposed of 9,019 shares of common stock at a price of $79.8795 per share.
- The transaction was executed to cover tax obligations.
- Following the transaction, Neeleman directly owns 113,642 shares of common stock.
- He also indirectly owns 553,235 shares through the Stephen and Christine Neeleman Trust and 203,000 shares through Neeleman Family Holdings, LLC.
- Neeleman also holds options to purchase 19,897 shares at $41.28, 14,228 shares at $61.72, and 15,337 shares at $73.61, all of which are immediately exercisable.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a stock disposal for tax purposes, which is a routine transaction.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives and directors.
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 |
|---|---|
| 03/27/2027 | Expiration date for stock options with an exercise price of $41.28 |
| 03/27/2028 | Expiration date for stock options with an exercise price of $61.72 |
| 03/26/2029 | Expiration date for stock options with an exercise price of $73.61 |
| 04/08/2025 | Date of stock disposal transaction |
| 04/10/2025 | Date of signature on the Form 4 filing |
Keywords
HealthEquity, Stephen Neeleman, stock disposal, Form 4, beneficial ownership, insider trading, equity securities, tax obligations, stock options
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