X0508 4 2026-02-02 0001428336 HEALTHEQUITY, INC. HQY 0001812674 Natarajan Rajesh C/O HEALTHEQUITY, INC. 15 W. SCENIC POINTE DR., STE. 100 DRAPER UT 84020 true false false false 0 Common Stock 2026-02-02 4 A 0 976 0 A 15253 D Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock. The restricted stock units vested as to 244 shares on February 2, 2026. The restricted stock units vest as to 244 shares each on the first day of May, August, and November of 2026. Vested shares will be delivered to the reporting person on the earlier of February 1, 2033, a change of control of the issuer (as defined in the issuer's 2024 equity incentive plan), or the reporting person's termination of service (as defined in the issuer's 2024 equity incentive plan), or the reporting person's death. The Power of Attorney given by Mr. Natarajan was previously filed with the U.S. Securities and Exchange Commission on June 26, 2023, as an exhibit to a statement on Form 4 filed by Mr. Natarajan with respect to HealthEquity, Inc. and is hereby incorporated by reference. /s/ Michael Newton, Attorney-in-Fact 2026-02-04