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.