HNGE (HNGE) investor files Form 144 to sell 21,757 Class A shares

Rhea-AI Filing Summary

HNGE shareholder(s) filed a Form 144 notice to sell Class A common stock. The filing covers a proposed sale of 21,757 Class A shares through Merrill Lynch, with an aggregate market value of 1,088,937.85. The shares relate to a private placement acquisition on 02/04/2020, paid for in cash.

The filing notes that 37,919,155 Class A shares were outstanding at the time of the notice. It also discloses recent sales by affiliated Bessemer Venture Partners funds in November 2025, including blocks of 373,955, 103,160, 351,045 and 96,840 Class A shares, with individual transaction gross proceeds between 4,674,466.8 and 14,976,898. The seller represents they are not aware of undisclosed material adverse information about HNGE.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class A	Merrill Lynch One Bryant Park New York NY 10036	21757	1088937.85	37919155	11/28/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class A	02/04/2020	Private Placement	Issuer			21757	02/04/2020	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Bessemer Venture Partners X LP 1865 Palmer Avenue, STE 104 Larchmont NY 10538	Class A	11/18/2025	373955	14976898
Bessemer Venture Partners X LP 1865 Palmer Avenue, STE 104 Larchmont NY 10538	Class A	11/26/2025	103160	4979533.2
Bessemer Venture Partners X Institutional LP 1865 Palmer Avenue, STE 104 Larchmont NY 10538	Class A	11/18/2025	351045	14059352
Bessemer Venture Partners X Institutional LP 1865 Palmer Avenue, STE 104 Larchmont NY 10538	Class A	11/26/2025	96840	4674466.8

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does the HNGE Form 144 filing disclose?

The Form 144 filing for HNGE discloses the intent of a shareholder to sell 21,757 Class A shares through Merrill Lynch on or about 11/28/2025, with an aggregate market value of 1,088,937.85. It also provides background on how and when the shares were acquired.

How many HNGE shares are proposed to be sold under this Form 144 and what is their value?

The notice covers 21,757 Class A shares of HNGE, with an aggregate market value of 1,088,937.85, to be sold through Merrill Lynch on the NYSE.

How were the HNGE shares in this Form 144 originally acquired?

The 21,757 Class A shares of HNGE were acquired in a private placement from the issuer on 02/04/2020, and the filing states the purchase price was paid in cash.

How many HNGE shares were outstanding when this Form 144 was filed?

The Form 144 indicates that 37,919,155 Class A shares of HNGE were outstanding at the time of the notice, providing context for the size of the proposed sale.

What recent HNGE stock sales by Bessemer Venture Partners are disclosed?

The filing lists several November 2025 sales by Bessemer-related funds: blocks of 373,955 and 103,160 Class A shares by Bessemer Venture Partners X LP, and 351,045 and 96,840 shares by Bessemer Venture Partners X Institutional LP, with individual gross proceeds ranging from 4,674,466.8 to 14,976,898.

Does the HNGE Form 144 include any representation about undisclosed negative information?

Yes. The person for whose account the HNGE securities are to be sold represents by signing that they do not know of any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.