Qian LinLin 4
4 · Health In Tech, Inc. · Filed Jul 17, 2026
Research Summary
AI-generated summary of this filing
Health In Tech (HIT) CFO Qian LinLin Surrenders Shares for Taxes
What Happened
CFO Qian LinLin surrendered 28,725 restricted shares of Health In Tech Class A common stock on July 15, 2026 at $1.04 per share, resulting in a disposal value of approximately $29,874. The transaction was recorded as a tax-withholding share surrender (code F) related to the vesting of restricted stock.
Key Details
- Transaction date and price: July 15, 2026 — 28,725 shares at $1.04 each; total ~$29,874.
- Filing date: Form 4 filed July 17, 2026; appears to be timely (within required reporting window).
- Shares owned after transaction (per footnote): 984,340 restricted Class A shares + 8,042,235 unrestricted Class A shares = 9,026,575 Class A shares. Excludes 2,700,000 Class B shares and 711,510 options.
- Footnote F1: Shares surrendered were restricted shares given up to satisfy tax withholding obligations tied to vesting.
- Transaction code: F — tax withholding/cashless surrender rather than an open-market sale.
Context
This was a withholding-related surrender of vested restricted stock to cover taxes (a common, routine administrative action), not an open-market sale indicating a directional trade. For retail investors, such transactions typically reflect tax mechanics of equity awards rather than a direct signal about the insider’s view of the company.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1][F2]2026-07-15$1.04/sh−28,725$29,874→ 9,026,575 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 984,340 restricted shares of Class A Common Stock and 8,042,235 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.