Johnson Tim Donald 4

What Happened

• Tim Donald, CEO of Health In Tech, surrendered 39,924 Class A common shares on 2026-05-14 at an attributed value of $1.23 per share (total ≈ $49,107). This was a tax-withholding disposal tied to the vesting of restricted shares, not an open-market sale.

Key Details

• Transaction date and price: 2026-05-14, 39,924 shares at $1.23 per share (total ≈ $49,107).
• Nature of transaction: F-code — shares surrendered to issuer to satisfy tax withholding on vested restricted stock (cashless/tax-withholding transaction).
• Shares owned after the transaction: reported holdings include 1,037,478 restricted Class A shares and 22,437,199 unrestricted Class A shares (total Class A ≈ 23,474,677). Footnote excludes 9,000,000 Class B shares and 734,707 options.
• Filing timing: Form 4 filed 2026-05-18 for a 2026-05-14 transaction (filed 4 days after the transaction); Form 4s are generally due within 2 business days, so this may be a late filing—check the filing for any timeliness flag.

Context

• This was a routine tax-withholding surrender accompanying the vesting of restricted stock (per footnote). Such transactions are administrative and do not necessarily indicate the CEO’s view on the company’s stock price, unlike open-market purchases or planned sales.