Neeleman Stephen 4

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).