Neeleman Stephen 4

4 · HEALTHEQUITY, INC. · Filed Apr 8, 2026

AI-generated summary of this filing

Updated Apr 8, 2026

HEALTHEQUITY Founder Stephen Neeleman Sells 2,559 Shares

What Happened

Stephen Neeleman, Founder and Vice Chairman (Director) of HEALTHEQUITY, disposed of 2,559 shares on 2026-04-06 at $83.84 per share, totaling $214,537. The Form 4 lists the transaction code F, indicating the shares were surrendered to satisfy tax withholding or exercise-price obligations related to an option exercise.

Key Details

Transaction date: 2026-04-06; filing date: 2026-04-08 (filed within the normal Form 4 window).
Price and value: 2,559 shares at $83.84 each, total $214,537.
Shares owned after transaction: Not specified on this Form 4.
Relevant footnotes:
- F1: Some shares are held of record by the Stephen and Christine Neeleman Trust.
- F2: Certain securities are beneficially owned by the reporting person’s spouse (reporting person disclaims beneficial ownership).
- F3: Some shares are held by Neeleman Family Holdings, LLC; reporting person is manager and disclaims beneficial ownership except for pecuniary interest.
- F4: The option involved was immediately exercisable.
Transaction type: Tax-withholding / payment related to an option exercise (routine disposition), not an open-market sale.

Context

This appears to be a routine tax-withholding disposition following an option exercise (the Form indicates the option was immediately exercisable). Such transactions are common when insiders satisfy tax liabilities and do not necessarily signal a change in view on the company. The filing was submitted promptly (two days after the transaction).

Form 4

Period: 2026-04-06

DirectorFOUNDER AND VICE CHAIRMAN

Transactions

Holdings

Common Stock
[F1]
(indirect: See footnote)
409,735
Common Stock
[F2]
(indirect: See footnote)
140,000
Common Stock
[F3]
(indirect: See footnote)
203,000
Stock Option (right to buy)
[F4]
Exercise: $41.28Exp: 2027-03-27→ Common Stock (19,897 underlying)
19,897
Stock Options (right to buy)
[F4]
Exercise: $61.72Exp: 2028-03-27→ Common Stock (14,228 underlying)
14,228
Stock Options (right to buy)
[F4]
Exercise: $73.61Exp: 2029-03-26→ Common Stock (15,337 underlying)
15,337

Footnotes (4)

[F1]Shares held of record by the Stephen and Christine Neeleman Trust.
[F2]The securities are beneficially owned by the Reporting Person's spouse. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
[F3]Shares held of record by Neeleman Family Holdings, LLC ("Family Holdings"), a Utah limited liability company. The reporting person is the manager of Family Holdings. The reporting person disclaims beneficial ownership of the shares held by Family Holdings except to the extent of his pecuniary interest therein and this report shall not be deemed an admission that the reporting person is the beneficial owner of the shares held by Family Holdings for any other purposes.
[F4]The option is immediately exercisable.

Signature

/s/ Stephen Neeleman|2026-04-08

1 file