---
schema_version: "secwatch.filing_event.v1"
accession: "0001428336-26-000016"
form_type: "8-K"
ticker: "HQY"
cik: "0001428336"
company_name: "HEALTHEQUITY, INC."
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T20:00:30.393860+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# HealthEquity amends severance and equity vesting for six top officers

## Summary
- CEO Scott Cutler gets enhanced severance: 12 months base plus target bonus; 18 months base + 150% bonus if termination within 18 mo post-change-in-control.
- Five other executives (Lucania, Neeleman, Fiore, Rajasekar, Ladd) receive 12 months base plus target bonus only if termination within 18 mo post-change-in-control.
- RSUs granted after March 25, 2026: upon termination without cause or good reason before change-in-control, RSUs scheduled to vest in 12-month period accelerate.
- PSUs granted after March 25, 2026: prorated based on days employed during performance period; remain eligible to vest based on actual performance.
- Amendments signed May 5, 2026; equity vesting approved March 25, 2026 by Talent, Culture and Compensation Committee.

## SEC filing metadata
- accession: 0001428336-26-000016
- form_type: 8-K
- ticker: HQY
- cik: 0001428336
- company_name: HEALTHEQUITY, INC.
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1428336/000142833626000016/0001428336-26-000016-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1428336/000142833626000016/hqy-20260505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001428336-26-000016
- JSON: https://secwatch.observer/filing/0001428336-26-000016.json
- Plain text: https://secwatch.observer/filing/0001428336-26-000016.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.