Health In Tech CEO Qian LinLin Surrenders 33,725 Shares for Taxes

What Happened Qian LinLin, CEO of Health In Tech, surrendered 33,725 restricted Class A shares to the company to satisfy tax withholding obligations in connection with the vesting of restricted stock. The shares were reported disposed at $0.89 per share for a total of $30,015. This was a tax-withholding surrender (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-09-15, 33,725 shares @ $0.89 (total $30,015).
• Filing: Form 4 filed 2026-09-16 (appears timely, one day after the reported transaction).
• Holdings after transaction (per footnote): beneficial ownership includes 887,062 restricted Class A shares and 8,077,605 unrestricted Class A shares (total 8,964,667 Class A), excluding 2,700,000 Class B shares and 711,510 options.
• Footnote F1: shares were surrendered to satisfy tax withholding on vested restricted stock.
• Transaction code meaning: F indicates shares surrendered for tax withholding rather than a market sale.

Context Surrendering shares to cover taxes is a routine administrative step when restricted stock vests and does not necessarily signal the insider is bearish or selling shares on the market. The amount involved here (~$30k) is relatively small compared with the CEO’s disclosed holdings.