Scott Cutler - 02 Apr 2025 Form 4 Insider Report for HEALTHEQUITY, INC. (HQY)

Role: President and CEO, Director
Signature: /s/ Michael Newton, Attorney-in-Fact
Issuer symbol: HQY
Transactions as of: 02 Apr 2025
Net transactions value: $0
Form type: 4
Filing time: 04 Apr 2025, 17:10:17 UTC
Previous filing: 10 Jan 2025
Next filing: 14 Jan 2026
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HQY	Common Stock	Award	$0	+45,076	+58%	$0.000000	122,316	02 Apr 2025	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. Shares vest as to 25% of the initial award on April 1, 2026. Shares shall vest as to 6.25% thereafter on the first day of each calendar quarter for the twelve calendar quarters following April 1, 2026.

Remarks:

The Power of Attorney given by Mr. Cutler was previously filed with the U.S. Securities and Exchange Commission on January 10, 2025 as an exhibit to a statement on Form 3 filed by Mr. Cutler with respect to HealthEquity, Inc. and is hereby incorporated by reference.