Hinge Health (HNGE) CFO reports 8,213-share exempt tax withholding event
Rhea-AI Filing Summary
Hinge Health, Inc.'s Chief Financial Officer reported a routine share disposition related to tax withholding on equity compensation. On 12/01/2025, the reporting person disposed of 8,213 shares of Class A common stock at $48.91 per share in an exempt transaction. After this transaction, the officer beneficially owned 471,665 shares directly.
The company explains that the shares were withheld and cancelled by the issuer to cover federal and state tax obligations arising from the vesting of restricted stock units, as permitted under Section 16b-3(e). This reflects standard administrative handling of equity awards rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 8,213 | $48.91 | $402K |
Footnotes (1)
- F1. Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units.
FAQ
What insider transaction did Hinge Health (HNGE) report on this Form 4?
The Form 4 reports that the Chief Financial Officer disposed of 8,213 shares of Hinge Health Class A common stock on 12/01/2025 in an exempt transaction.
Was the Hinge Health (HNGE) Form 4 transaction an open-market sale?
No. The explanation states that all disposed shares were relinquished and cancelled by the issuer to satisfy tax withholding obligations tied to restricted stock unit vesting, rather than sold on the open market.
What rule exempts this Hinge Health (HNGE) insider transaction?
The transaction is described as an exempt transaction under Section 16b-3(e), which covers payment of exercise price or tax liabilities by delivering or withholding securities issued in accordance with Rule 16b-3.
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