Insider trade

Officer sold ~$138K of HQY shares in the open market

Traded Oct 20, 2025 · Filed Oct 22, 2025

~$138K
Approx. value · 1,500 sh @ $92.07: 77K
Holds after · shares reported: −2.1%
stock since the trade · S&P 500 +16.1%, $93.03 → $91.05 on Oct 6

Why it stands out

HealthEquity's General Counsel sold $138K of HealthEquity shares. The filing says it was made under a pre-arranged trading plan.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Oct 20, 2025
Reporting period: Not applicable
Filed with the SEC: Oct 22, 2025

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$138,105

Shares × reported transaction price

Timing vs results

48 days after results of Sep 2, 2025, 44 days before results of Dec 3, 2025

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	−3.5%	+1.2%	−4.7%
30 days	+7.6%	−0.5%	+8.0%
90 days	−12.2%	+2.0%	−14.2%
180 days	−12.5%	+4.8%	−17.3%

Past results only. Not a forecast.

Source receipt

Record ID: 0001683056-25-000009
Filed / recorded: Oct 22, 2025, 7:47 PM UTC
Added to OQRO: Oct 6, 2026, 7:59 PM UTC
Parser: form4-xml-v2
Data quality: Verified: identifiers matched exactly
Issuer: HEALTHEQUITY, INC.
Issuer CIK: 1428336
Ticker: HQY
Reporting person: Delano Ladd
Relationship: Officer
Officer title: EVP, General Counsel
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Oct 20, 2025
Transaction code: S
Shares / units: 1,500
Price per share: $92.07
Acquired / disposed: Disposed (D)
Shares owned after: 76,979
Ownership form: Direct
Amendment: No

Footnotes from the filing

The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 12, 2025.

Around the same time

Delano LaddEVP, General Counsel

Filed 12mo ago

977Shares · @ $88.57

Traded Oct 6, 2025 · filed 3 days later

Routine share withholding; mechanical by default.

More Official record

James M LucaniaEVP & CFO

Filed 12mo ago

2,393Shares · @ $88.57

Traded Oct 6, 2025 · filed 2 days later

Routine share withholding; mechanical by default.

More Official record

Stephen NeelemanFOUNDER AND VICE CHAIRMAN

Filed 12mo ago

1,058Shares · @ $88.57

Traded Oct 6, 2025 · filed 2 days later

Routine share withholding; mechanical by default.

More Official record