Form 4: HealthEquity's Stephen Neeleman Reports Stock Transaction
SEC Filing
Stephen Neeleman, Founder and Vice Chairman of HealthEquity, Inc., reports disposition of shares to cover tax obligations related to equity awards.
Summary
- Stephen Neeleman, a Director and Officer (Founder and Vice Chairman) of HealthEquity, Inc. (HQY), filed a Form 4 with the SEC.
- The report details a transaction on April 3, 2024, where 1,984 shares of Common Stock were disposed of at a price of $80.5959.
- This disposition was to cover tax obligations.
- Following the transaction, Neeleman directly owns 90,515 shares of Common Stock.
- He also indirectly owns 559,235 shares through the Stephen and Christine Neeleman Trust and 203,000 shares through Neeleman Family Holdings, LLC.
- Neeleman also holds various stock options with exercise prices ranging from $14 to $73.61.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that a company insider disposed of shares to cover tax obligations.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 04/03/2024 | Date of stock transaction (disposal of shares). |
| 04/04/2024 | Date of signature on the Form 4 filing. |
| 07/30/2024 | Expiration date of some stock options. |
| 03/27/2027 | Expiration date of some stock options. |
| 03/27/2028 | Expiration date of some stock options. |
| 03/26/2029 | Expiration date of some 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.