Healthcare integrated technologies president buys $22,873 in shares

Dustin Michael Hillis, President and Chief Strategy Officer of Healthcare Integrated Technologies Inc. (OTC:HITC), recently purchased shares of the company, according to a filing with the Securities and Exchange Commission. Hillis acquired a total of 100,000 shares over two days, with transactions occurring on March 26 and March 27, 2025. The insider buying comes as the $43 million market cap company has seen its stock surge 270% over the past year, despite currently trading near its 52-week low.

On March 26, Hillis bought 24,725 shares at a weighted average price of $0.2203 per share, with individual transaction prices ranging from approximately $0.2011 to $0.2296. The following day, he purchased an additional 75,275 shares at a weighted average price of $0.2315, with prices ranging from approximately $0.2253 to $0.2353 per share. The total value of these purchases amounted to $22,873. According to InvestingPro, the company maintains a FAIR financial health score, with several key metrics and insights available to subscribers.

These acquisitions bring Hillis’s total holdings to 2,100,000 shares, reflecting his ongoing confidence in the company’s prospects. The stock has shown strong momentum with a 70% gain year-to-date, despite recent price weakness.

In other recent news, Healthcare Integrated Technologies Inc. has announced the appointment of Anthony Chapman to its Board of Directors. This appointment, which took effect on March 14, 2025, is set for a three-year term. Chapman’s compensation is entirely equity-based, with a restricted stock grant of 400,000 shares, vesting incrementally over the next three years. This corporate governance update was disclosed in a Form 8-K filing with the Securities and Exchange Commission. The company, previously known as Grasshopper Staffing, Inc., has undergone several name changes, with the most recent being in 2016. Healthcare Integrated Technologies has not provided further details on Chapman’s background or the reasons for his selection. The company continues to adjust its board composition and governance structure, reflecting its status as an emerging growth company.

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