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Health In Tech, Inc. [HIT]

Reporting date: 10/03/2025

⚠️ Neutral Insider Mix Detected

📝 What Happened

  • Insider: Timothy Hayes; Sanjay Shrestha; William D. Howard
  • Role: Directors
  • Company: Health In Tech, Inc. (HIT)
  • Transaction Date(s): 2025-10-03, 2025-10-08
  • Table I (Non-Derivative Securities)
    • Sale : 121,787
    • Average Sale Price: $0
    • Total Value: 121,787 * $0 = $0
    • Post-Transaction Direct Holdings: 280,825
    • Indirect Holdings: 0
    • 10b5-1 Plan Used? No

📄 Summary

Timothy Hayes, Sanjay Shrestha, and William D. Howard, Directors at Health In Tech, Inc. (HIT), executed a mixed set of transactions: they collectively disposed 121,787 shares (reported as Code D) and acquired 17,190 shares on October 3, 2025 and October 8, 2025, at an average acquisition price of $3.49, for a total cost of about ~$59,993.10. After the transactions, they now hold 280,825 direct shares and 0 indirect shares. For retail traders, this is a neutral-to-slightly bearish event: net disposals far exceed small new grants, likely administrative/compensation-driven.

🔑 Interpretation

  • Type: Primarily compensation-related (restricted-share forfeiture and subsequent restricted-share grants), not clearly discretionary open-market sales.
  • Disposition: The large "D" entries are forfeitures/deemed disposals (price $0) rather than open-market liquidations; the "A" entries are acquisitions of restricted stock at $3.49.
  • Size Context: Net disposals (121,787 shares) materially exceed acquisitions (17,190 shares). For Shrestha the disposal was a particularly large reduction relative to prior holdings; for Hayes and Howard the absolute disposal amounts are sizable but appear tied to the same administrative event (pro‑rata forfeiture upon annual meeting) rather than opportunistic profit-taking.
  • ATH Metric: Without live ATH/ATL lookup, using a recent price context (yesterday's close as last reference) there is no clear signal that these filings were timed at an all-time high or low. The pattern (forfeiture + small new grants) reads as corporate governance/compensation housekeeping rather than opportunistic timing around ATH/ATL levels.
  • Outlier Check: The gross disposal volume is large in absolute terms, but given all three filings reference the same plan-related footnotes (forfeiture and new restricted grants), this appears consistent with a single administrative/compensation event rather than an unusual individual sell-off. Not definitively an outlier versus routine grant/forfeiture cycles.

📊 Bullish or Bearish?

Decide: Neutral

Neutral. The filings show large Code D disposals at $0 (forfeitures) and smaller Code A acquisitions at $3.49 — consistent with compensation/forfeiture and new restricted grants, not clear open‑market selling. Net effect is heavy disposals on paper but driven by plan mechanics; data completeness (no open-market sale prices for disposals) limits bearish inference. Cluster activity cannot be determined from this filing alone.

✅ Bottom Line (Retail Takeaway)

This looks like routine compensation-related forfeiture and grant activity rather than an opportunistic insider sell signal. For retail traders, this is largely noise — not a standalone tradeable signal unless corroborated by open‑market sales from multiple senior executives or other material disclosures.