Form 4: Stephen Neeleman, HealthEquity Inc. Founder and Vice Chairman, Reports Stock Transaction
SEC Form 4 Filing
Stephen Neeleman, Founder and Vice Chairman of HealthEquity Inc., reports the disposition of 739 shares of common stock to cover tax obligations.
Summary
- Stephen Neeleman, Founder and Vice Chairman of HealthEquity, Inc. (HQY), filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
- On October 3, 2024, Neeleman disposed of 739 shares of common stock at a price of $78.2462 per share.
- This transaction was related to covering tax obligations.
- Following the transaction, Neeleman directly owns 89,030 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 options to buy 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 document is a standard regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, and beneficial owners) of a publicly traded company buy or sell the company's securities. This filing provides transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a relatively small disposal of shares by an insider.
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 |
| 10/03/2024 | Date of the stock transaction (disposal of 739 shares) |
| 10/07/2024 | Date of signature on the Form 4 filing |
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.