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HNGE Board approves $250.0M Class A stock buyback

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Hinge Health (HNGE) announced a share repurchase authorization. The Board approved a program to buy back up to $250.0 million of Class A common stock. The company disclosed that repurchases may occur in the open market, through privately negotiated transactions, or by other methods, and may be conducted in accordance with Rule 10b-18. The company may also use Rule 10b5-1 plans.

The authorization does not obligate Hinge Health to repurchase any specific amount and can be modified, suspended, or terminated at any time at the Board’s discretion. The company expects to fund repurchases with existing cash and cash equivalents and ongoing cash from operations.

Positive

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Insights

Hinge Health authorized up to $250.0 million in buybacks; execution discretionary.

Hinge Health’s Board approved a share repurchase program authorizing up to $250.0 million of Class A common stock. The program permits open market and privately negotiated repurchases, aligned with Rule 10b-18, and may be executed via Rule 10b5-1 plans, which can automate purchases within pre-set parameters.

The authorization is not a commitment to repurchase; activity will depend on market conditions and corporate needs. The company expects to fund purchases with existing cash and cash from operations, indicating a potential cash outflow if executed, but actual magnitude and timing will reflect management decisions.

The filing does not specify a timeline or pace. Subsequent filings may provide details on executed repurchases and remaining authorization following the November 10, 2025 approval.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 10, 2025

 

 

Hinge Health, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-42657

81-1884841

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

455 Market Street, Suite 700

 

San Francisco, California

 

94105

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (415) 726-2206

 

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Class A Common Stock, par value $0.00001 per share

 

HNGE

 

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 7.01. Regulation FD Disclosure.

On November 12, 2025, Hinge Health, Inc. (the “Company”) issued a press release announcing a $250.0 million share repurchase program. The full text of the press release is included as Exhibit 99.1 to this current report on Form 8-K (this “Form 8-K”) and is incorporated by reference hereto.

The information furnished with this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.

 

Item 8.01. Other Events.

On November 10, 2025, the Company’s Board of Directors approved a share repurchase program with authorization to purchase up to $250.0 million of its outstanding Class A Common Stock.

Repurchases under the program may be made in the open market, in privately negotiated transactions or by other methods, with the amount and timing of repurchases to be determined at the Company’s discretion, depending on market conditions and corporate needs. Open market repurchases will be structured to occur in accordance with applicable federal securities laws, including within the pricing and volume requirements of Rule 10b-18 under the Exchange Act. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. This program does not obligate the Company to repurchase any particular dollar amount or number of shares of Class A Common Stock and may be modified, suspended or terminated at any time at the discretion of its Board of Directors. The Company expects to fund repurchases with existing cash and cash equivalents and ongoing cash from operations.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

Exhibit

Number

Description

   99.1*

 

Press Release, dated November 12, 2025, issued by Hinge Health, Inc.

 

 104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

* Furnished herewith.

Forward-Looking Statements

 

This Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this Form 8-K that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding the amount, timing and sources of funding for the share repurchase program. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual events or results to differ materially from those expressed or implied by the forward-looking statements, including, but not limited to, risks relating to the fact that Class A Common Stock repurchases may not be conducted in the timeframe or in the manner the Company expects, or at all, and the important factors discussed under the caption “Risk Factors” in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2025, filed with the SEC on November 7, 2025, and the Company’s other filings with the SEC. These factors could cause actual results to differ materially from those indicated by the forward-looking statements made in this Form 8-K. Any such forward-looking statements represent management’s estimates as of the date of this Form 8-K. While the Company may elect to update such forward-looking statements at some point in the future, the Company disclaims any obligation to do so, even if subsequent events cause its views to change.

 

 

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

Hinge Health, Inc.

 

 

 

 

Date:

November 12, 2025

By:

 /s/ James Budge

 

 

 

      James Budge, Chief Financial Officer

 


FAQ

What did Hinge Health (HNGE) announce regarding its capital return plan?

Hinge Health’s Board approved a share repurchase program authorizing up to $250.0 million of Class A common stock.

How will Hinge Health (HNGE) fund the $250.0 million repurchase authorization?

The company expects to fund repurchases with existing cash and cash equivalents and ongoing cash from operations.

What methods can Hinge Health (HNGE) use to repurchase shares?

Repurchases may be made in the open market, in privately negotiated transactions, or by other methods, consistent with Rule 10b-18, and may use Rule 10b5-1 plans.

Is Hinge Health (HNGE) obligated to repurchase the full $250.0 million?

No. The program does not obligate the company to repurchase any particular dollar amount and may be modified, suspended, or terminated at any time.

When was the Hinge Health (HNGE) repurchase program approved?

The Board of Directors approved the program on November 10, 2025, with a press release on November 12, 2025.
Hinge Health, Inc.

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