Hinge Health (HNGE) CEO reports Class B-to-A stock conversion and spouse-held share gift
Rhea-AI Filing Summary
Hinge Health, Inc. director, CEO and co-founder Daniel Antonio Perez reported indirect changes in ownership of Class A and Class B common stock held by his spouse. On February 17, 2026, 7,260 shares of Class B Common Stock were converted into 7,260 shares of Class A Common Stock at a price of $0.00 per share. The same day, 7,260 shares of Class A Common Stock held indirectly through his spouse were transferred as a bona fide gift, also at $0.00 per share. Following these transactions, spouse-held Class A Common Stock stood at 35,470 shares and spouse-held Class B Common Stock at 508,445 shares, while 9,488,845 shares of Class B Common Stock were reported as directly held.
Positive
- None.
Negative
- None.
Insider Trade Summary
7,260 shares exercised/converted
Exercise
4 txns
Insider
Perez Daniel Antonio
Role
CEO & Co-Founder
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 7,260 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 7,260 | $0.00 | $0.00 |
| Gift | Class A Common Stock | 7,260 | $0.00 | $0.00 |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 508,445 shares (Indirect, By Spouse);
Class A Common Stock — 35,470 shares (Indirect, By Spouse);
Class B Common Stock — 9,488,845 shares (Direct)
Footnotes (1)
- F1. Each share of Class B Common Stock is convertible into one share of the lssuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
FAQ
What insider transactions did HNGE CEO Daniel Perez report on February 17, 2026?
Daniel Perez reported indirect spouse-held transactions on February 17, 2026. 7,260 Class B shares converted into Class A at $0.00 per share, and 7,260 Class A shares were then transferred as a bona fide gift, also at $0.00 per share.
Are the reported HNGE transactions open-market buys or sells of stock?
No. The transactions are reported as a derivative conversion and a bona fide gift. The conversion of 7,260 Class B shares to Class A and the subsequent 7,260-share gift both occurred at $0.00 per share, not as open-market purchases or sales.
What are Daniel Perez’s reported indirect holdings of HNGE Class A and Class B stock after these transactions?
After the reported transactions, indirect holdings through his spouse were 35,470 shares of Hinge Health Class A Common Stock and 508,445 shares of Class B Common Stock. The Form 4 also lists 9,488,845 shares of Class B Common Stock held directly.
What does the HNGE Form 4 disclose about Class B to Class A conversion rights?
A footnote explains that each share of Hinge Health Class B Common Stock is convertible into one share of Class A Common Stock. Conversion can occur at the holder’s election at any time or automatically upon certain transfers or events defined in the company’s certificate of incorporation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
