Health In Tech CGO Hasan Zain Syed Surrenders 4,007 Shares

What Happened Hasan Zain Syed, Chief Growth Officer of Health In Tech, surrendered 4,007 shares of Class A common stock on 2026-08-13 at $1.06 per share (total value ≈ $4,247). This was a tax-withholding disposition connected to the vesting of previously granted restricted stock, not an open-market sale.

Key Details

• Transaction date: 2026-08-13; reported on Form 4 filed 2026-08-17 (within the two-business-day filing window).
• Disposition type/code: F — shares surrendered to satisfy tax withholding.
• Price: $1.06 per share; shares surrendered: 4,007; total value ≈ $4,247.
• Shares owned after transaction: 200,211 total per filing — 179,326 restricted shares and 20,885 unrestricted shares (per filing footnote).
• Footnotes: F1 confirms shares were surrendered to satisfy tax withholding on vested restricted stock; the original grant was previously reported. F2 breaks down restricted vs unrestricted holdings.
• Filing timeliness: Filed within required timeframe; not reported as late.

Context This was a routine tax-withholding disposition tied to vesting of restricted stock (a common administrative step) and does not necessarily indicate buying or selling intent. For retail investors, purchases are generally more informative about insider bullishness; tax withholdings like this are neutral and administrative in nature.