secwatch.observer — SEC 8-K summary
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Issuer:     HEALTHEQUITY, INC. (HQY)
CIK:        0001428336
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001428336-24-000104
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HealthEquity CEO Jon Kessler to retire Jan 6, 2025; Scott Cutler appointed as successor
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- CEO Jon Kessler to retire effective Jan 6, 2025, serve as Special Advisor through Apr 30, 2025.
- Scott Cutler appointed President & CEO and director effective Jan 6, 2025.
- Cutler was CEO of StockX, SVP Americas at eBay, President of StubHub, EVP of NYSE Euronext.
- Cutler receives base salary $775k, sign-on bonus $650k, and RSU award with fair value $7.5M vesting over 3 years.
- Kessler transition includes extended non-compete to three years after termination and PRSU treatment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428336/000142833624000104/0001428336-24-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428336/000142833624000104/hqy-20241111.htm
  HTML page:      https://secwatch.observer/filing/0001428336-24-000104

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer