Mathew Paul Arens - Dec 1, 2025 Form 3 Insider Report for Health Catalyst, Inc. (HCAT)

Role
Director, 10%+ Owner
Signature
/s/ Benjamin Landry, as Attorney-in-Fact
Stock symbol
HCAT
Transactions as of
Dec 1, 2025
Transactions value $
$0
Form type
3
Date filed
12/3/2025, 04:34 PM
Previous filing
Apr 8, 2024
SEC
View on sec.gov

Reporting Owners (2)

Name Relationship Address Signature Signature date CIK
Arens Mathew Paul Director, 10%+ Owner C/O FIRST LIGHT ASSET MANAGEMENT, LLC, 3300 EDINBOROUGH WAY, SUITE 201, EDINA /s/ Benjamin Landry, as Attorney-in-Fact 2025-12-03 0001991162
First Light Asset Management, LLC 10%+ Owner 3300 EDINBOROUGH WAY, SUITE 201, EDINA FIRST LIGHT ASSET MANAGEMENT, LLC By: /s/ Benjamin Landry, Attorney-in-fact for Matthew P. Arens, Chief Executive Officer 2025-12-03 0001600004

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding HCAT Common Stock 510K Dec 1, 2025 Direct
holding HCAT Common Stock 71.5K Dec 1, 2025 See Footnote (1)(2) F1, F2
holding HCAT Common Stock 10.4M Dec 1, 2025 See Footnote (2)(3) F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares held in joint accounts over which Mr. Arens shares control.
F2 Each of the Reporting Persons disclaims beneficial ownership of the shares reported herein except to the extent of his or its pecuniary interest therein, and the filing of this Form 3 shall not be construed as an admission that either of the Reporting Persons is the beneficial owner of any such shares for purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or for any other purpose.
F3 Represents shares held for the benefit of private investment vehicles (the Funds) for which First Light Asset Management, LLC (First Light) serves as investment adviser. Mr. Arens is the Managing Member, CEO and Senior Portfolio Manager of First Light. In such capacities, the Reporting Persons may be deemed to beneficially own and to have a pecuniary interest in securities held for the benefit of the Funds. Shares reported herein do not include shares held for the benefit of certain persons holding separately managed accounts for which First Light serves as investment adviser but with respect to which the Reporting Persons have no pecuniary interest.

Remarks:

Mr. Arens became a director of the Issuer as of December 1, 2025. Exhibit 24 - Power of Attorney.