Health In Tech CEO Tim Donald Johnson Surrenders 63,339 Shares for Taxes

What Happened
Tim Donald Johnson, CEO of Health In Tech, surrendered 63,339 restricted Class A shares on 2026-09-15 to satisfy tax withholding obligations related to the vesting of restricted shares. The shares were valued at $0.89 each for a total withholding of $56,372. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-09-15; 63,339 shares at $0.89 per share; total ~$56,372.
• Shares owned after transaction (per footnote): 755,592 restricted Class A shares and 22,515,434 unrestricted Class A shares. Excludes 9,000,000 Class B shares and 734,707 options.
• Footnote F1: Shares were surrendered to the issuer to satisfy withholding tax on vested restricted stock previously reported.
• Filing: Form 4 filed 2026-09-16 reporting the 2026-09-15 transaction (appears timely).

Context: This was a routine cashless tax-withholding transaction tied to vesting, not an active market sale or purchase. Such surrendering of shares to cover taxes is common and generally does not by itself indicate a change in the insider’s view of the company.