Healthequity (HQY) executive compensation, 2026 proxy

Scott Cutler, President and Chief Executive Officer, was paid $13.6M in fiscal 2026, up 64% from $8.3M the year before. The CEO-to-median-employee pay ratio was 174:1, on median employee pay of $77,904.

Filed
May 13, 2026
Annual meeting
June 25, 2026
Pay year
fiscal 2026
Named executives
6
CEO total pay
$13.6M+64% vs prior year
CEO to median employee
174:1median $77,904
CEO pay in equity
89%$12M in awards
Prior say-on-pay support
96%of votes cast
CEO stock awards
$12,038,563Fiscal 2026 grant-date fair value
CEO target cash bonus
$775,000Fiscal 2026 target opportunity
Maximum CEO PRSUs
$11,999,955Highest performance outcome
Fiscal 2026 revenue
$1.313BUp 9% year over year

How Cutler was paid

$13.6M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary6%Stock awards89%Non-equity incentive6%All other compensation0%

Named executive officers

ExecutiveTotal
Scott CutlerPresident and Chief Executive Officer$13,582,105
James LucaniaExecutive Vice President and Chief Financial Officer$5,156,388
Stephen Neeleman, M.D.Founder and Vice Chairman$3,499,924
Elimelech RosnerFormer Executive Vice President and Chief Technology Officer$4,521,528
Michael FioreExecutive Vice President and Chief Commercial Officer$4,180,404
Delano LaddExecutive Vice President and General Counsel$3,634,598

What changed and why

  • $13.6M$13,582,105 CEO total compensation exceeded $8,277,080 in fiscal 2025.
  • $12M$12,038,563 of CEO compensation was stock awards, including time-based and performance-based restricted stock units.
  • $767K$767,250 was the CEO’s fiscal 2026 non-equity incentive compensation under the executive bonus plan.
  • FY26 PRSUs used corporate and individual performance objectives and multi-year vesting requirements.
  • 96%96% of votes supported fiscal 2025 say-on-pay, and the compensation committee made no program changes afterward.
  • $77,904174:1 was the CEO-to-median-employee pay ratio, based on median employee compensation of $77,904.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.