Johnson Tim Donald 4

What Happened

• Tim Johnson, CEO of Health In Tech, surrendered 35,140 restricted Class A shares to the company to satisfy tax withholding related to the vesting of restricted stock. The shares were valued at $1.50 each for a total of $52,710. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and filing: disposition on 2026-04-15; Form 4 filed 2026-04-17 (timely within the standard two-business-day window).
• Price and value: 35,140 shares at $1.50 per share; total value $52,710.
• Shares owned after transaction: F1/F2 indicate beneficial ownership including 1,079,624 restricted Class A shares and 222,434,977 unrestricted Class A shares (total reported 223,514,601 Class A shares). Excludes 9,000,000 Class B shares and 734,707 options to purchase Class A shares.
• Footnotes: F1 confirms the shares were surrendered to satisfy tax withholding on vested restricted shares (the original grant was reported on Form 4 filed Jan 8, 2026). Transaction code F denotes tax withholding.

Context

• This was a routine tax-withholding transaction (often called a "share surrender" or cashless withholding) tied to vesting, not an intentional market sale or purchase signal. Such transactions reduce the insider's restricted share count but are generally administrative rather than indicative of investment views.