Hinge Health chair may sell 400,000 shares
Hinge Health, Inc. (HNGE) received a notice under Rule 144 that Executive Chairman and Co‑Founder Gabriel Mecklenburg may sell up to 400,000 shares of common stock through Morgan Stanley Smith Barney.
Rhea-AI Filing Summary
Hinge Health, Inc. (HNGE) received a notice under Rule 144 that Executive Chairman and Co‑Founder Gabriel Mecklenburg may sell up to 400,000 shares of common stock through Morgan Stanley Smith Barney. The notice ties these shares to prior Performance Stock Units and Restricted Stock Units and discloses that 83,334 shares of common stock were sold in the past three months under a 10b5-1 trading plan.
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Key Figures
Shares subject to planned Rule 144 sale: 400,000 shares
Aggregate market value of shares to be sold: $35,304,000.00
Shares outstanding: 62,468,721 shares
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7 metrics
Shares subject to planned Rule 144 sale
400,000 shares
Common stock that may be sold for Gabriel Mecklenburg’s account
Aggregate market value of shares to be sold
$35,304,000.00
Estimated value of 400,000 common shares covered by the notice
Shares outstanding
62,468,721 shares
Common shares of Hinge Health, Inc. stated as outstanding
Recent 10b5-1 sale shares
83,334 shares
Common shares sold on July 1, 2026 under a 10b5-1 plan
Recent 10b5-1 sale value
$7,087,526.70
Total proceeds from 83,334 shares sold on July 1, 2026
Performance Stock Units referenced
200,000 units
Performance Stock Units dated July 27, 2026 as securities to be sold
Restricted Stock Units referenced
200,000 units
Restricted Stock Units dated May 21, 2025 as securities to be sold
Key Terms
Rule 144, Performance Stock Units, Restricted Stock Units, 10b5-1
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Performance Stock Units financial
"Common | 07/27/2026 | Performance Stock Units | Issuer"
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
Restricted Stock Units financial
"Common | 05/21/2025 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for GABRIEL MECKLENBURG"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What prior equity awards are referenced in this HNGE Form 144?
The filing lists 200,000 Performance Stock Units dated July 27, 2026 and 200,000 Restricted Stock Units dated May 21, 2025 as securities to be sold, both issued by Hinge Health, Inc.
AI-generated analysis. How Rhea-AI works. Not financial advice.