Health In Tech (HIT) Director Timothy Hayes Sells 12,000 Shares

What Happened Timothy Hayes, a director of Health In Tech, sold 12,000 shares on 2026-09-14 in open-market transactions. The Form 4 reports a weighted average sale price of $0.89 per share for a total proceeds figure of $10,716. The filing indicates the sale occurred in multiple transactions at prices ranging from $0.8694 to $0.943 per share.

Key Details

• Transaction date: 2026-09-14 (reported on Form 4 filed 2026-09-15) — filed timely.
• Transaction type: Sale (Code S), open-market/private sale reported.
• Shares sold: 12,000; weighted average price: $0.89; total proceeds reported: $10,716.
• Price range per footnote: $0.8694 to $0.943; reporting person can provide breakdown on request (Footnote F1).
• Shares owned after transaction: Not disclosed on this Form 4.

Context

• Sales by insiders can be routine (diversification, liquidity, tax reasons) and do not, by themselves, indicate company performance. Purchases generally carry more weight as a bullish signal.
• This was a straightforward sale of existing shares (no option exercise, award, or gift involved). The filing appears timely (next-business-day reporting).