Health In Tech, Inc.·4

Jun 18, 8:55 AM ET

Hasan Zain Syed 4

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Health In Tech CGO Hasan Zain Syed Surrenders 4,045 Shares for Taxes

What Happened
Hasan Zain Syed, Chief Growth Officer of Health In Tech, surrendered 4,045 shares of Class A common stock on 2026-06-15 to satisfy tax withholding obligations. The shares were valued at $1.05 each, totaling approximately $4,247. This was a tax withholding disposition (transaction code F), not an open-market sale.

Key Details

  • Transaction date: 2026-06-15; Form 4 filed: 2026-06-18.
  • Disposition: 4,045 shares surrendered at $1.05 per share = $4,247.
  • Shares owned after transaction: 199,288 restricted shares and 9,014 unrestricted shares (total 208,302), per filing footnote.
  • Footnote F1: shares were surrendered to satisfy tax withholding for vested restricted stock previously reported.
  • Transaction type: F = tax withholding / payment of exercise price or tax liability (routine, not a market sale).

Context
Surrendering shares to cover taxes is a common administrative step when restricted stock vests and does not by itself indicate a decision to sell shares on the market. The filing shows the underlying restricted award was previously reported.