Johnson Tim Donald 4

What Happened
Tim Donald, CEO of Health In Tech, surrendered 46,768 restricted shares of Class A common stock on June 15, 2026 to satisfy tax withholding obligations. The shares were valued at $1.05 each for a total withholding value of $49,106. This was a tax-withholding disposition of vested restricted stock, not an open-market sale.

Key Details

• Transaction date: 2026-06-15; Report filed: 2026-06-18.
• Price reported: $1.05 per share; Total value: $49,106 (disposition via surrender for tax withholding).
• Shares owned after transaction: 23,427,909 Class A shares (984,353 restricted + 22,443,556 unrestricted), per footnote.
• Footnote F1: Shares surrendered represent restricted Class A stock withheld to satisfy tax obligations upon vesting; the grant was previously reported on a Form 4.
• Footnote F2: Ownership totals exclude 9,000,000 Class B shares and 734,707 Class A options.
• Timeliness: Filed three calendar days after the transaction (filed June 18 for a June 15 trade), which is outside the usual two-business-day Form 4 filing window.

Context
This was a routine tax-withholding action tied to the vesting of restricted stock (a common administrative disposition) rather than a market sale that signals a change in investment view. The reporting clarifies the source (surrender of restricted shares) and the impact on the insider’s holdings; it does not provide information about any change in the CEO’s view of the company.