Landry Benjamin 4

What Happened
Landry Benjamin, General Counsel of Health Catalyst (HCAT), had 13,779 shares withheld/sold to cover tax withholding related to vested restricted stock units. The transaction on 2026-06-01 was at $1.37 per share for gross proceeds of roughly $18,880. This was a sell-to-cover tax withholding (transaction code F), not an independent open-market sale.

Key Details

• Transaction date: 2026-06-01; price: $1.37 per share; shares: 13,779; proceeds ≈ $18,880.
• Transaction type/code: F — sale to satisfy tax withholding on vesting of restricted stock units.
• Shares owned after the transaction: not disclosed in the provided excerpt of the filing.
• Filing date/accession: Form filed 2026-06-03 (appears timely relative to the 06-01 transaction).
• Footnote: The sale was mandated by the issuer’s "sell to cover" election under its equity incentive plans and does not represent a discretionary trade by the reporting person.

Context
Sell-to-cover transactions are routine administrative actions to satisfy tax withholding when restricted stock units vest; they generally do not signal the insider’s market view. This is distinct from voluntary sales or purchases (which can be more informative for investor sentiment).