Ladd Delano 4

What Happened
Ladd Delano, EVP and General Counsel of HEALTHEQUITY, disposed of 1,087 shares on July 8, 2026 as a tax-withholding transaction (code F). The shares were recorded at $95.08 each, for a notional value of $103,355. This was a withholding to satisfy tax obligations—not an open-market sale for liquidity.

Key Details

• Transaction date: July 8, 2026; Filing date (Form 4): July 10, 2026 (within the typical 2-business-day reporting window).
• Shares withheld/disposed: 1,087 at $95.08 per share; total ≈ $103,355.
• Transaction code: F — payment of exercise price or tax liability (shares surrendered/withheld to cover taxes).
• Shares owned after transaction: Not specified in the filing.
• No 10b5-1 plan or other footnotes were disclosed in the provided summary.

Context
Code F transactions typically occur when an insider exercises options or when restricted stock vests and some shares are surrendered to cover taxes; they are routine administrative dispositions and do not necessarily reflect a change in the insider’s market view. Purchases are generally more informative about bullish sentiment; tax-withholding disposals are common following option exercises or awards.