Qian LinLin 4
4 · Health In Tech, Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
Health In Tech (HIT) CFO Qian LinLin Surrenders 23,324 Shares
What Happened
- Qian LinLin, Chief Financial Officer of Health In Tech, surrendered 23,324 shares of Class A common stock to the company on May 14, 2026 to satisfy tax withholding obligations. The shares were valued at $1.23 each for a total of $28,689. This was a tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date and price: May 14, 2026 — 23,324 shares at $1.23 per share (total $28,689).
- Shares owned after the transaction: 1,060,738 restricted Class A shares and 8,023,013 unrestricted Class A shares (total 9,083,751 Class A shares). Excludes 2,700,000 Class B shares and 711,510 options to purchase Class A shares (per footnote).
- Footnote F1: These surrendered shares represent restricted Class A shares withheld to satisfy tax withholding for recently vested restricted shares; the original grant was previously reported on a Form 4.
- Filing: Form filed May 18, 2026 reporting the May 14 transaction (filing date shown on the Form 4).
Context
- This was a routine tax-withholding surrender related to vested restricted stock (a common administrative step) rather than a voluntary sale in the open market; such transactions typically reflect tax compliance rather than insider sentiment about the company.
Insider Transaction Report
Form 4
Qian LinLin
DirectorChief Financial Officer10% Owner
Transactions
- Tax Payment
Class A Common Stock
[F1][F2]2026-05-14$1.23/sh−23,324$28,689→ 9,083,751 total
Footnotes (2)
- [F1]Represents restricted shares of Class A Common Stock surrendered to the Issuer to satisfy tax withholding and remittance obligations in connection with the vesting of restricted shares of Class A Common Stock for which service-based vesting requirements have been satisfied. The grant of such restricted stock was previously reported by the reporting person on a Form 4.
- [F2]Includes 1,060,738 restricted shares of Class A Common Stock and 8,023,013 unrestricted shares of Class A Common Stock. Excludes 2,700,000 shares of Class B Common Stock and 711,510 options to purchase shares of Class A Common Stock.
Signature
/s/ Lori Babcock, as attorney-in-fact for LinLin Qian|2026-05-18