Hinge Health (HNGE) CEO reports Class B-to-A stock conversion and spouse-held share gift
Filing Impact
Filing Sentiment
Form Type
4
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
Mixed
4 txns
Insider
Perez Daniel Antonio
Role
CEO & Co-Founder
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 7,260 | $0.00 | -- |
| Conversion | Class A Common Stock | 7,260 | $0.00 | -- |
| Gift | Class A Common Stock | 7,260 | $0.00 | -- |
| holding | Class B Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 508,445 shares (Indirect, By Spouse);
Class A Common Stock — 42,730 shares (Indirect, By Spouse);
Class B Common Stock — 9,488,845 shares (Direct)
Footnotes (1)
- [object Object]
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.