Bessemer funds tied to Hinge Health (NASDAQ: HNGE) report multi-day share sales
Rhea-AI Filing Summary
Hinge Health, Inc. disclosed that investment funds affiliated with Bessemer Venture Partners sold Class A Common Stock in open-market transactions. On May 7, 2026, Bessemer Venture Partners X L.P. sold 154,740 shares and Bessemer Venture Partners X Institutional L.P. sold 145,260 shares at a weighted average price of $54.77 per share, in multiple trades between $54.10 and $55.00. On May 8, 2026, the same funds sold 103,160 and 96,840 shares, respectively, at a weighted average price of $55.16, with trade prices ranging from $55.04 to $56.02. Reporting person Robinson Elliott, a partner at Bessemer Venture Partners, has an indirect, passive economic interest in these holdings and disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 0 | $0.00 | -- |
| Sale | Class A Common Stock | 0 | $0.00 | -- |
Footnotes (1)
- On May 7, 2026, Bessemer Venture Partners X L.P. ("BVP X") and Bessemer Venture Partners X Institutional L.P. ("BVP X Inst") (together with BVP X, the "Bessemer Funds") sold 154,740 and 145,260 shares of Class A Common Stock of the Issuer, respectively, at a weighted average price of $54.77. These shares were sold in multiple transactions at prices ranging from $54.10 to $55.00. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. On May 8, 2026, BVP X and BVP X Inst sold 103,160 and 96,840 shares of Class A Common Stock of the Issuer, respectively, at a weighted average price of $55.16. These shares were sold in multiple transactions at prices ranging from $55.04 to $56.02. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The Reporting Person is a partner at Bessemer Venture Partners and has an indirect, passive economic interest in the shares held by the Bessemer Funds by virtue of his interest in (1) Deer X & Co. L.P., the general partner of the Bessemer Funds and (2) certain other indirect limited partnership interests in certain of the Bessemer Funds. The Reporting Person disclaims beneficial ownership of the securities held by the Bessemer Funds, except to the extent of his pecuniary interest, if any, in such securities by virtue of his indirect interest in the Bessemer Funds. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities.
Key Figures
Key Terms
weighted average price financial
beneficial ownership financial
pecuniary interest financial
indirect, passive economic interest financial
FAQ
What insider activity did Hinge Health (HNGE) report in this Form 4?
The filing reports open-market sales of Hinge Health Class A Common Stock by two Bessemer Venture Partners funds. They sold multiple share blocks on May 7 and May 8, 2026, at weighted average prices around $54.77 and $55.16 per share.
Who is the reporting person in the Hinge Health (HNGE) Form 4 and what is his role?
The reporting person is Robinson Elliott, a partner at Bessemer Venture Partners and a director of Hinge Health. His interest in the reported HNGE shares is indirect and passive through Bessemer-related investment entities.
What price ranges applied to the May 7 and May 8 Hinge Health (HNGE) sales?
On May 7, 2026, trades occurred between $54.10 and $55.00 per share. On May 8, 2026, trades ranged from $55.04 to $56.02, with separate weighted average prices reported for each day’s transactions.
Does the Hinge Health (HNGE) Form 4 disclose detailed trade breakdowns for each price level?
It does not list every individual trade. Instead, it provides weighted average prices and price ranges, and states the reporting person will provide full trade details, including shares sold at each price, upon request to specified parties.