HITIQ Director Boosts Equity Stake Through Fee-for-Shares Arrangement

HitIQ Limited ( (AU:HIQ) ) just unveiled an announcement.

HITIQ Limited has reported a change in director Matthew Clayworth’s interests, following the issue of securities in lieu of director’s fees. Clayworth received 477,273 fully paid ordinary shares and an equal number of performance rights at a deemed issue price of $0.022, increasing his direct holding while his indirect holdings through investment and superannuation entities remained unchanged.

The securities were issued as part of a fee arrangement approved at an extraordinary general meeting on 6 February 2026, reflecting the company’s continued use of equity-based compensation for governance stakeholders. The adjustment modestly increases director alignment with shareholders by tying a larger portion of Clayworth’s remuneration to HITIQ’s future share performance and capital management outcomes.

The most recent analyst rating on (AU:HIQ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on HitIQ Limited stock, see the AU:HIQ Stock Forecast page.

More about HitIQ Limited

HITIQ Limited operates in the technology sector, with a focus on developing products and services related to sports performance and safety. The company is listed on the ASX and its capital structure includes fully paid ordinary shares, listed options, and performance rights that are often used as part of director and executive remuneration.

Average Trading Volume: 593,830

Technical Sentiment Signal: Sell

Current Market Cap: A$11.39M

Learn more about HIQ stock on TipRanks’ Stock Analysis page.