Ladd Delano 4

What Happened

• Ladd Delano, EVP and General Counsel of HealthEquity, surrendered 7,726 shares on March 31, 2026 to cover tax liabilities related to equity compensation. The shares were disposed at $82.53 each for a total value of approximately $637,599. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-03-31; Filing date (Form 4): 2026-04-02.
• Price per share: $82.53; Total value: ~$637,599.
• Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered to satisfy taxes).
• Shares owned after transaction: Not specified in the provided Form 4 filing.
• Filing timeliness: Form filed Apr 2 for a Mar 31 transaction — appears to be within the normal reporting window.

Context

• Code F typically indicates shares were surrendered to satisfy tax withholding at vesting or exercise (a cashless/withholding action), not an intentional market sale intended to realize gains. Such transactions are routine for equity-compensated executives and do not by themselves signal a change in insider sentiment. Retail investors may want to monitor patterns of open-market purchases or sales for stronger signals.