Health In Tech, Inc.·4/A

Apr 20, 5:40 PM ET

Johnson Tim Donald 4/A

Research Summary

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Health In Tech (HIT) CEO Tim Johnson Surrenders 35,140 Shares

What Happened

  • Tim Donald Johnson, CEO of Health In Tech, surrendered (disposed of) 35,140 shares of Class A common stock on April 15, 2026 to satisfy tax withholding obligations. The shares were valued at $1.50 each, for a total of $52,710. This was a tax-withholding/cashless-surrender related to previously vested restricted shares, not an open-market sale.

Key Details

  • Transaction date and price: April 15, 2026 — 35,140 shares at $1.50 per share (total $52,710).
  • Shares owned after transaction: 23,514,601 Class A shares total — comprised of 1,079,624 restricted Class A shares and 22,434,977 unrestricted Class A shares (per corrected Footnote 2). Reporting person also holds 9,000,000 Class B shares and 734,707 options (these latter amounts are excluded from the Class A totals reported).
  • Footnotes: F1 — shares surrendered to satisfy tax withholding on vested restricted stock (original grant reported on Form 4 filed Jan 8, 2026). F2 — corrects unrestricted-share count (this Form 4/A fixes a scrivener's error in the prior filing).
  • Filing status: This is an amended Form 4/A filed April 20, 2026 correcting a footnote error in the April 17, 2026 original filing; the amendment does not change the underlying April 15 transaction.

Context

  • This was a routine tax-withholding disposition (code F) tied to vesting of restricted stock — common and not generally interpreted as a market sentiment signal. The shares were surrendered to the company rather than sold on the market.