About this page
Insider trades reported on SEC Form 4: when the people who run a company buy or sell its shares with their own money.
How to read it
- Form 4
- The form a company insider (officer, director or owner of more than 10%) must file with the SEC within two business days of buying or selling the company's shares.
- Buy (P) and Sell (S)
- Open-market purchases and sales. Gifts, option exercises and automatic tax withholding are left out because they say little about what the insider thinks.
- Value
- Shares times price, as reported on the filing.
- 10b5-1
- A trade made under a plan set up in advance. Planned sales are common and usually say less than an unplanned purchase.
- Late filing
- A Form 4 filed more than two business days after the trade.
- Vs. S&P 500
- How the stock did after the trade minus how the overall market did in the same weeks.
A real example
In January 2016, when bank stocks were falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares with his own money, worth about $26 million. His Form 4 made the purchase public within days, and investors read it as a strong sign of confidence.
Explain it like I'm 13
If the coach of a team bets his own allowance that his team will win, that tells you something. A Form 4 is the note a company boss must hand in whenever he buys or sells his own company's shares, so everyone can see it.
Data from public SEC filings and congressional reports. Information, not investment advice. Check every number against the filing linked on the page.
HEALTHEQUITY, INC. (HQY): Insider Trades and Fund Holdings
In the past 12 months, HEALTHEQUITY, INC. insiders reported 2 open-market purchases worth $12K and 5 sales worth $1.27M; 3 of the sales were reported as made under a 10b5-1 trading plan.
Timeline: news and trades
Company filings (8-K), insider trades, notices of planned sales (Form 144), Congress trades and fund moves in the past year, newest first.
- Oct 15, 2026Insider buyEVP Sunil Rajasekar bought $9,756 (6 days after: executive or director change)
- Oct 9, 2026NewsCompany reported: Executive or director change
- Oct 8, 2026Planned saleJames M. Lucania (officer) filed notice to sell about $257,240 around Oct 6, 2026
- Oct 8, 2026Planned saleMichael Henry Fiore (former evp, cco) filed notice to sell about $185,228 around Oct 6, 2026
- Oct 8, 2026Planned saleScott Cutler (officer, director) filed notice to sell about $112,121 around Oct 6, 2026
- Oct 8, 2026Planned saleStephen Neeleman (officer, director) filed notice to sell about $99,815 around Oct 6, 2026
- Oct 8, 2026Planned saleDelano Ladd (officer) filed notice to sell about $98,448 around Oct 6, 2026
- Oct 8, 2026Planned saleMichael Gathright (officer) filed notice to sell about $60,345 around Oct 6, 2026
- Sep 30, 2026NewsCompany reported: Executive or director change
- Aug 27, 2026NewsCompany reported: Quarterly or annual results
- Aug 25, 2026Insider saleDirector Adrian T. Dillon sold $798,373 under a 10b5-1 plan
- Aug 25, 2026Planned saleADRIAN DILLON (director) filed notice to sell about $804,413 around Aug 25, 2026
- Aug 24, 2026Insider saleEVP Sunil Rajasekar sold $11,405
- Jul 10, 2026Insider saleEVP Michael Henry Fiore sold $223,630 under a 10b5-1 plan
- Jul 10, 2026CongressRep. Gilbert Ray Cisneros, Jr. buy $1K–$15K
- Jul 8, 2026Insider buyEVP Sunil Rajasekar bought $2,186
- Jul 2, 2026Insider saleEVP Michael Henry Fiore sold $234,650 under a 10b5-1 plan
- Jun 30, 2026CongressRep. Gilbert Ray Cisneros, Jr. buy $1K–$15K
- Apr 22, 2026Insider saleEVP Sunil Rajasekar sold $1,905
Recent insider trades
Open-market purchases (code P) and sales (code S) from Form 4. Grants, option exercises and gifts are not shown. Latest filing: Oct 19, 2026.
| Filed | Insider | Type | Value | Score |
|---|---|---|---|---|
| Oct 19 | Sunil RajasekarEVP | ▼ SELL | $11K | |
| Oct 19 | Sunil RajasekarEVP | ▲ BUY | $10K | 14 |
| Oct 19 | Sunil RajasekarEVP | ▲ BUY | $2K | 12 |
| Oct 19 | Sunil RajasekarEVP | ▼ SELL | $2K | |
| Aug 27 | Adrian T. DillonDirector | ▼ SELL10b5-1 | $798K | |
| Jul 14 | Michael Henry FioreEVP | ▼ SELL10b5-1 | $224K | |
| Jul 7 | Michael Henry FioreEVP | ▼ SELL10b5-1 | $235K |
Insiders who traded in the past year
| Insider | Role | Buys | Bought | Sells | Sold |
|---|---|---|---|---|---|
| Sunil Rajasekar | EVP | 2 | $12K | 2 | $13K |
| Adrian T. Dillon | Director | 0 | $0 | 1 | $798K |
| Michael Henry Fiore | EVP | 0 | $0 | 2 | $458K |
Trades by members of Congress
Reported under the STOCK Act. Amounts are ranges from the form. All Congress trades →
| Filed | Member | Type | Amount |
|---|---|---|---|
| Sep 4 | ▲ BUY | $1K–$15K | |
| Jul 2 | ▲ BUY | $1K–$15K |
Buybacks and executive pay
HEALTHEQUITY, INC. spent $299.3 million buying back its own shares in 2025.
| Year | CEO pay reported | CEO pay "actually paid" | Value of $100 invested |
|---|---|---|---|
| 2025 | $13.6M | $10.4M | n/a |
| 2023 | $13.4M | $22.9M | n/a |
From the company's XBRL data filed with the SEC. "Actually paid" is the SEC's pay-versus-performance measure, which counts changes in the value of stock awards. "Value of $100 invested" is the company's cumulative shareholder return as reported, usually measured from five years earlier. See all buybacks and CEO pay across companies.
14 Sunil Rajasekar (EVP), 2026-10-15. What the score means
C 3 of 7 insider trades reported after the deadline. How it is graded
Reading these numbers
Insiders sell for many reasons: taxes, diversification, a house. Purchases with their own money are rarer and are usually read as more informative. A Form 4 is due within two business days of the trade. How to read a Form 4 →