Hinge Health 10% holder plans $1.24M share distribution
Rhea-AI Filing Summary
Hinge Health, Inc. (HNGE) received a notice that the Michael Triplett 2012 Irrevocable Trust, identified as a 10% stockholder, has filed a Form 144 indicating an intention to dispose of up to 13,774 Class A shares through Raymond James & Associates, Inc.
The filing lists an approximate aggregate market value of $1,239,660 for these shares, based on trading on the NYSE as of September 3, 2026, when 62,468,721 Class A shares were outstanding. The planned transfer is described as an in-kind distribution from various Insight entities, and extensive prior Class A share sales by Insight-affiliated funds and related parties over the prior three months are also disclosed.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 13,774 Class A shares
Aggregate market value of planned sale: $1,239,660
Shares outstanding: 62,468,721 Class A shares
+4 more
7 metrics
Shares to be sold
13,774 Class A shares
Maximum number of Hinge Health, Inc. Class A shares covered by the Form 144
Aggregate market value of planned sale
$1,239,660
Approximate market value of 13,774 Class A shares to be sold
Shares outstanding
62,468,721 Class A shares
Hinge Health, Inc. Class A shares outstanding as of September 3, 2026
Large prior sale example
600,613 shares for $49,750,937
Insight Venture Partners (Cayman) X, L.P. sale on June 29, 2026
Another large prior sale
732,444 shares for $60,670,973.32
Insight Venture Partners X, L.P. sale on June 29, 2026
Individual-related sale
66,967 shares for $6,027,030
Thomas M. Triplett sale on August 28, 2026
Planned sale date
August 10, 2026
Proposed date of in-kind distribution for the 13,774 shares
Key Terms
Form 144, 10% Stockholder, in-kind distribution, aggregate market value, +1 more
5 terms
Form 144 regulatory
"144: Filer 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.
10% Stockholder regulatory
"10% Stockholder 144: Securities Information"
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.
aggregate market value financial
"13774 | 1239660.00 | 62468721"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
attorney-in-fact regulatory
"as attorney-in-fact for Michael Triplett 2012 Irrevocable Trust"
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.
FAQ
AI-generated analysis. How Rhea-AI works. Not financial advice.