Health In Tech, Inc.·4

Apr 10, 8:42 PM ET

Shrestha Sanjay K 4

Research Summary

AI-generated summary

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.