Ladd Delano 4

What Happened

• Ladd Delano, EVP and General Counsel of HealthEquity, had 2,481 shares disposed (withheld) to satisfy tax withholding related to an equity transaction. The shares were valued at $83.84 each, for a total value reported as $207,998. This was a tax-withholding transaction (code F), not an open-market sale.

Key Details

• Transaction date: 2026-04-06; Form 4 filed: 2026-04-08 (filed within the typical 2-business-day window).
• Price per share: $83.84; shares withheld/disposed: 2,481; total reported value: $207,998.
• Shares owned after the transaction: not specified in the provided filing details.
• Footnotes/plan: Transaction coded F indicates shares were surrendered to cover tax obligations; no 10b5-1 plan or other special instructions were disclosed in the information provided.

Context

• This appears to be a routine tax-withholding action following an option exercise or vesting event (a cashless-type settlement). Such withholdings are common and typically reflect tax requirements rather than a deliberate decision to liquidate shares for investment reasons.