HNGE (NYSE) filing: broker-listed resale of 781 shares under ESPP

Rhea-AI Filing Summary

HNGE proposed sale of 781 shares of Common Stock. The Form 144 lists 781 shares to be sold pursuant to an Employee Stock Purchase Plan on 05/15/2026 for cash through Morgan Stanley Smith Barney LLC. The filing also discloses recent 10b5-1 sales by James Budge on 02/23/2026 (14,763 shares, $580,736.79), 03/23/2026 (11,006 shares, $465,138.87), and 05/11/2026 (5,906 shares, $323,758.65).

Insights

Equity Capital Markets Analyst

Routine small resale filing with recent automated insider sales.

The filing shows a proposed resale of 781 shares under an Employee Stock Purchase Plan to be sold for cash on 05/15/2026. The broker listed is Morgan Stanley Smith Barney LLC.

The excerpt also lists three prior 10b5-1 sales by James Budge on 02/23/2026, 03/23/2026, and 05/11/2026 with the exact share counts and proceeds shown. Timing appears tied to pre-arranged plans rather than ad hoc open-market activity; subsequent filings would state plan details if present.

Key Figures

Registered/offered shares: 781 shares 10b5-1 sale (02/23/2026): 14,763 shares 10b5-1 sale (03/23/2026): 11,006 shares +1 more

4 metrics

Registered/offered shares 781 shares sale under Employee Stock Purchase Plan on 05/15/2026

10b5-1 sale (02/23/2026) 14,763 shares proceeds <money>$580,736.79</money>

10b5-1 sale (03/23/2026) 11,006 shares proceeds <money>$465,138.87</money>

10b5-1 sale (05/11/2026) 5,906 shares proceeds <money>$323,758.65</money>

Key Terms

Form 144, 10b5-1, Employee Stock Purchase Plan

3 terms

Form 144 regulatory

"144: Securities Information"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

10b5-1 regulatory

"10b5-1 Sales for JAMES BUDGE 455 Market Street"

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.

Employee Stock Purchase Plan financial

"Common | 05/15/2026 | Employee Stock Purchase Plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

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
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	781	42923.76	54655926	05/20/2026	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 *
Common	05/15/2026	Employee Stock Purchase Plan	Issuer			781	05/15/2026	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
10b5-1 Sales for JAMES BUDGE 455 Market Street, Suite 700 San Francisco CA 94105	Common	05/11/2026	5906	323758.65
10b5-1 Sales for JAMES BUDGE 455 Market Street, Suite 700 San Francisco CA 94105	Common	03/23/2026	11006	465138.87
10b5-1 Sales for JAMES BUDGE 455 Market Street, Suite 700 San Francisco CA 94105	Common	02/23/2026	14763	580736.79

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 HNGE's Form 144 report?

It reports a proposed sale of 781 common shares to be sold for cash under an Employee Stock Purchase Plan on 05/15/2026. The broker listed is Morgan Stanley Smith Barney LLC.

Who executed recent 10b5-1 sales disclosed in the filing?

The filing lists James Budge as executing 10b5-1 sales on 02/23/2026, 03/23/2026, and 05/11/2026, with proceeds of $580,736.79, $465,138.87, and $323,758.65 respectively.

Are the 781 shares part of an ESPP transaction for HNGE?

Yes. The Form 144 entry identifies the sale as related to an Employee Stock Purchase Plan with the sale date shown as 05/15/2026 and the consideration listed as cash.

Does the filing state how proceeds will be used?

The filing lists the sale consideration as cash but does not state any company use of proceeds or allocation; the entry attributes the sale to the issuer plan and a broker.

How many shares were sold in the recent 10b5-1 transactions?

The excerpt shows three 10b5-1 sales: 14,763 shares on 02/23/2026, 11,006 shares on 03/23/2026, and 5,906 shares on 05/11/2026, with proceeds listed for each sale.