Hinge Health (HNGE) holder plans $6M sale as Insight funds trade millions
Rhea-AI Filing Summary
Hinge Health, Inc. (HNGE) has a notice of proposed sale on behalf of 10% stockholder Thomas Michael Triplett under Rule 144. The filing covers the potential disposition of 66,967 common shares through Raymond James & Associates, Inc., with an indicated aggregate market value of $6,027,030.00. Hinge Health common shares outstanding are listed as 62,468,721. The contemplated transaction is described as an in-kind distribution from various Insight entities, and the notice also lists multiple recent Class A share sales by Insight Venture Partners-affiliated funds over June–August 2026, including several multi-million-dollar transactions.
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Key Figures
Shares to be sold: 66,967 shares of common stock
Aggregate market value of shares to be sold: $6,027,030.00
Shares outstanding: 62,468,721 shares
+4 more
7 metrics
Shares to be sold
66,967 shares of common stock
Proposed Rule 144 sale for Thomas Michael Triplett
Aggregate market value of shares to be sold
$6,027,030.00
Value associated with 66,967 Hinge Health common shares
Shares outstanding
62,468,721 shares
Hinge Health common shares listed as outstanding
Sale on 06/29/2026 by Insight Venture Partners (Cayman) X, L.P.
600,613 shares; $49,750,937.00
Class A share sale of Hinge Health on 06/29/2026
Sale on 06/29/2026 by Insight Venture Partners X, L.P.
732,444 shares; $60,670,973.32
Class A share sale of Hinge Health on 06/29/2026
Sale on 08/10/2026 by Insight Venture Partners (Cayman) X, L.P.
253,638 shares; $23,212,290.30
Class A share sale of Hinge Health on 08/10/2026
Sale on 08/10/2026 by Insight Venture Partners X, L.P.
309,309 shares; $28,307,155.48
Class A share sale of Hinge Health on 08/10/2026
Key Terms
Rule 144, In-Kind Distribution, attorney-in-fact, 10% Stockholder
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.
In-Kind Distribution financial
"In-Kind Distribution from various Insight entities"
A distribution of value to shareholders or beneficiaries made by transferring assets instead of paying cash, such as shares, bonds, or property. Like receiving a box of goods rather than money, it changes what you hold rather than adding liquid funds; investors care because it affects a portfolio’s composition, liquidity, tax reporting, and cost basis for the received assets.
attorney-in-fact regulatory
"as attorney-in-fact for Thomas M. Triplett"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.
10% Stockholder financial
"10% Stockholder"
FAQ
What is the nature of the HNGE transaction described for August 10, 2026?
For August 10, 2026, the filing describes the transfer of 66,967 common shares of Hinge Health as an “In-Kind Distribution from various Insight entities.” Insight Venture Partners is identified in connection with this distribution.
Which broker is named in the HNGE Form 144 filing?
The broker named is Raymond James & Associates, Inc., located at 880 Carillon Parkway, St. Petersburg, Florida, which is listed in the securities information section of the filing.
Who signed the HNGE Form 144 and in what capacity?
The notice is signed by Melissa Fisher as a duly authorized representative of Raymond James & Associates, Inc., acting as attorney-in-fact for Thomas M. Triplett.
AI-generated analysis. How Rhea-AI works. Not financial advice.