Jon Kessler - Jun 6, 2025 Form 4 Insider Report for HEALTHEQUITY, INC. (HQY)

Role
Former Director
Signature
/s/ Jon Kessler
Stock symbol
HQY
Transactions as of
Jun 6, 2025
Transactions value $
-$17,119,795
Form type
4
Date filed
6/10/2025, 05:10 PM
Previous filing
Apr 10, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kessler Jon Former Director C/O HEALTHEQUITY, INC., 15 W. SCENIC POINTE DR., STE. 100, DRAPER /s/ Jon Kessler 2025-06-10 0001615062

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HQY Common Stock Options Exercise $719K +17.4K +5.65% $41.28 325K Jun 6, 2025 Direct
transaction HQY Common Stock Options Exercise $1.48M +23.9K +7.35% $61.72 349K Jun 6, 2025 Direct
transaction HQY Common Stock Options Exercise $2.82M +38.3K +10.98% $73.61 388K Jun 6, 2025 Direct
transaction HQY Common Stock Sale -$7.03M -62.8K -16.21% $111.84 325K Jun 6, 2025 Direct F1
transaction HQY Common Stock Sale -$1.89M -16.9K -5.19% $112.38 308K Jun 6, 2025 Direct F2
transaction HQY Common Stock Sale -$4.38M -39.1K -12.69% $112.08 269K Jun 6, 2025 Direct F3
transaction HQY Common Stock Sale -$1.74M -15.4K -5.74% $112.70 254K Jun 6, 2025 Direct F4
transaction HQY Common Stock Options Exercise $1.44M +34.8K +34.4% $41.28 136K Jun 6, 2025 by GKF, LLC F5
transaction HQY Common Stock Options Exercise $1.48M +23.9K +17.59% $61.72 160K Jun 6, 2025 by GKF, LLC F5
transaction HQY Common Stock Options Exercise $941K +12.8K +7.99% $73.61 173K Jun 6, 2025 by GKF, LLC F5
transaction HQY Common Stock Sale -$5.87M -52.5K -30.36% $111.83 120K Jun 6, 2025 by GKF, LLC F1, F5
transaction HQY Common Stock Sale -$2.14M -19.1K -15.86% $112.39 101K Jun 6, 2025 by GKF, LLC F2, F5
transaction HQY Common Stock Sale -$1.85M -16.5K -16.35% $111.98 84.7K Jun 6, 2025 by GKF, LLC F6
transaction HQY Common Stock Sale -$1.08M -9.63K -11.37% $112.61 75.1K Jun 6, 2025 by GKF, LLC F7
transaction HQY Common Stock Sale -$6.8K -60 -0.08% $113.35 75K Jun 6, 2025 by GKF, LLC F8

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HQY Stock Option (right to buy) Options Exercise $0 -17.4K -100% $0.00 0 Jun 6, 2025 Common Stock 17.4K $41.28 Direct F9
transaction HQY Stock Option (right to buy) Options Exercise $0 -23.9K -100% $0.00 0 Jun 6, 2025 Common Stock 23.9K $61.72 Direct F9
transaction HQY Stock Option (right to buy) Options Exercise $0 -38.3K -100% $0.00 0 Jun 6, 2025 Common Stock 38.3K $73.61 Direct F9
transaction HQY Stock Option (right to buy) Options Exercise $0 -34.8K -100% $0.00 0 Jun 6, 2025 Common Stock 34.8K $41.28 by GKF, LLC F5, F9
transaction HQY Stock Option (right to buy) Options Exercise $0 -23.9K -100% $0.00 0 Jun 6, 2025 Common Stock 23.9K $61.72 by GKF, LLC F5, F9
transaction HQY Stock Option (right to buy) Options Exercise $0 -12.8K -100% $0.00 0 Jun 6, 2025 Common Stock 12.8K $73.61 by GKF, LLC F5, F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Jon Kessler is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $111.25 to $112.24, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1, 2, 3, 4, 6, 7 and 8 of this Form 4.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $112.27 to $112.63, inclusive.
F3 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $111.43 to $112.42, inclusive
F4 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $112.43 to $113.35, inclusive.
F5 These securities are held by GKF, LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the filing of this report is not an admission that the Reporting Person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F6 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $111.34 to $112.33, inclusive.
F7 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $112.34 to $113.33, inclusive.
F8 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $113.34 to $113.36, inclusive.
F9 The option is immediately exercisable.