Hinge Health (HNGE) CFO surrenders shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hinge Health, Inc. Chief Financial Officer James Budge reported a tax-related share disposition. On March 1, 2026, he relinquished 7,699 shares of Class A common stock at $42.76 per share, which were cancelled to cover federal and state tax withholding from vesting restricted stock units. After this exempt tax-withholding transaction, he beneficially owned 412,433 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Budge James
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 7,699 | $42.76 | $329K |
Holdings After Transaction:
Class A Common Stock — 412,433 shares (Direct)
Footnotes (1)
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FAQ
What did Hinge Health (HNGE) CFO James Budge report in this Form 4?
Hinge Health CFO James Budge reported a tax-withholding disposition of 7,699 Class A shares. These shares were cancelled by the company to satisfy his federal and state tax obligations from vesting restricted stock units.
Was the HNGE CFO’s Form 4 transaction an open-market sale?
No, the transaction was not an open-market sale. The shares were relinquished and cancelled as an exempt tax-withholding transaction under Section 16b-3(e), covering taxes from restricted stock unit vesting.
Why is the Hinge Health (HNGE) CFO’s Form 4 transaction classified as exempt?
The transaction is exempt under Section 16b-3(e) because it covers tax withholding by delivering or withholding securities. All disposed shares were cancelled in exchange for the issuer paying tax obligations from restricted stock unit vesting.