Health In Tech, Inc.·4

Apr 10, 8:42 PM ET

Shrestha Sanjay K 4

4 · Health In Tech, Inc. · Filed Apr 10, 2026

Research Summary

AI-generated summary of this filing

Updated

Health In Tech (HIT) Director Sanjay Shrestha Receives Award

What Happened

  • Director Sanjay K. Shrestha was granted 13,598 shares of Health In Tech Class A common stock on April 8, 2026.
  • The grant price reported is $1.36 per share, for a total reported value of $18,493. This transaction is reported as an award/acquisition (code A).

Key Details

  • Transaction date: April 8, 2026; Filing date: April 10, 2026 (appears timely).
  • Shares and price: 13,598 shares @ $1.36 each; total value $18,493.
  • Shares owned after transaction: not specified in the provided filing excerpt.
  • Footnote: These are restricted shares granted under the Health in Tech Equity Incentive Plan; the shares vested as of the grant date (i.e., became owned immediately).
  • Transaction type: Award/grant of restricted stock (not a sale or option exercise).

Context

  • Restricted stock awards are a form of compensation; because the footnote says the shares vested on the grant date, the director received immediate ownership rather than a time‑vested promise.
  • This is an acquisition (insider receiving company shares), not a sale — such awards reflect compensation decisions by the company rather than direct market sentiment by the insider.

Insider Transaction Report

Form 4
Period: 2026-04-08
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-04-08$1.36/sh+13,598$18,49382,333 total
Footnotes (1)
  • [F1]Represents restricted shares of Class A Common Stock granted to the reporting person pursuant to the Health in Tech Equity Incentive Plan. The shares of restricted stock vested as of their grant date.
Signature
/s/ Sanjay Shrestha|2026-04-10

Documents

1 file
  • 4
    ownership.xmlPrimary