Neeleman Stephen 4
4 · HEALTHEQUITY, INC. · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
Healthequity (HQY) Founder Stephen Neeleman Sells 1,103 Shares
What Happened
Stephen Neeleman, founder and vice chairman (and a director) of Healthequity, disposed of 1,103 shares on July 8, 2026. The shares were surrendered at $95.08 per share to satisfy tax withholding related to an option exercise, for a total value of about $104,877. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-07-08; Price: $95.08; Shares disposed: 1,103; Total value ≈ $104,877.
- Transaction code: F (shares surrendered to satisfy tax withholding on exercised options).
- The option involved was immediately exercisable (footnote F4).
- Shares owned after the transaction are not specified in this Form 4.
- Ownership/record notes: some shares held of record by the Stephen and Christine Neeleman Trust and by Neeleman Family Holdings, LLC; the filing includes standard disclaimers about beneficial ownership and spouse-owned securities (footnotes F1–F3).
- Filing timing: Reported on Form 4 filed 2026-07-10 for a 2026-07-08 transaction (filed within the normal two-business-day window).
Context
This was a common tax-withholding action tied to an option exercise (company retained/surrendered shares to cover taxes) rather than an open-market sale, so it should not be read as a directional market bet. Footnotes indicate certain shares are held in family trusts/LLC and that the reporting person disclaims beneficial ownership of some holdings (standard disclosure language).
Insider Transaction Report
- Tax Payment
Common Stock
2026-07-08$95.08/sh−1,103$104,877→ 137,565 total
- 409,735(indirect: See footnote)
Common Stock
[F1] - 140,000(indirect: See footnote)
Common Stock
[F2] - 203,000(indirect: See footnote)
Common Stock
[F3] - 19,897
Stock Option (right to buy)
[F4]Exercise: $41.28Exp: 2027-03-27→ Common Stock (19,897 underlying) - 14,228
Stock Options (right to buy)
[F4]Exercise: $61.72Exp: 2028-03-27→ Common Stock (14,228 underlying) - 15,337
Stock Options (right to buy)
[F4]Exercise: $73.61Exp: 2029-03-26→ Common Stock (15,337 underlying)
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.