Health In Tech (HIT) Chief Growth Officer Surrenders 4,795 Shares

What Happened Hasan Zain Syed, Chief Growth Officer of Health In Tech, surrendered 4,795 shares of Class A common stock on 2026-09-15 to satisfy tax withholding obligations tied to the vesting of restricted shares. The shares were recorded at $0.89 each, for a total value of approximately $4,268. This was a tax-withholding disposition (transaction code F), not an open-market sale.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-16 (timely).
• Disposition: 4,795 shares surrendered at $0.89 per share; total value ≈ $4,268.
• Shares owned after transaction: footnote reports 168,538 restricted shares and 15,211 unrestricted shares (total 183,749 shares beneficially owned as reported).
• Footnote F1: surrender was to satisfy tax withholding on vested restricted shares previously reported. Footnote F2: breakdown of restricted vs. unrestricted shares included in reported ownership.
• Transaction code: F (tax withholding/payment), a routine administrative disposition.

Context This transaction reflects a routine tax-withholding action upon vesting of restricted stock and does not signal an open-market sale or purchase decision. Such surrenders are common when restricted awards vest and are generally administrative in nature rather than indicative of the insider’s view on the company’s stock.