Neeleman Stephen 4

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).