Hinge Health, Inc. (HNGE) president relinquishes 831 shares for RSU tax withholding
Rhea-AI Filing Summary
Hinge Health, Inc. reported that President James Pursley had 831 shares of Class A common stock withheld and cancelled on August 1, 2026 at $74.71 per share to satisfy federal and state tax withholding from vested restricted stock units, in an exempt Section 16b-3(e) transaction. Following this disposition, he directly holds 739,235 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 831 shares
Net Sell
1 txn
Insider
Pursley James
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock F1 | 831 | $74.71 | $62K |
Holdings After Transaction:
Class A Common Stock — 739,235 shares (Direct)
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.
Key Figures
Shares disposed for tax withholding: 831 shares
Per-share value for disposition: $74.71 per share
Shares held after transaction: 739,235 shares
+1 more
4 metrics
Shares disposed for tax withholding
831 shares
Class A Common Stock used to satisfy RSU-related tax obligations on August 1, 2026
Per-share value for disposition
$74.71 per share
Value applied to the 831 shares relinquished for tax withholding
Shares held after transaction
739,235 shares
Direct Class A Common Stock holdings of James Pursley following the transaction
Exercise-price-or-tax-liability shares
831 shares
Shares counted in exercise price or tax liability dispositions in transaction summary
Key Terms
Section 16b-3(e), Rule 16b-3, restricted stock units, tax withholding obligations, +1 more
5 terms
Section 16b-3(e) regulatory
"Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability"
Rule 16b-3 regulatory
"security issued in accordance with Rule 16b-3"
Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.
restricted stock units financial
"resulting from the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"pay federal and state tax withholding obligations of the Reporting Person"
exercise-price-or-tax-liability disposition financial
"transaction_action: exercise-price-or-tax-liability disposition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HNGE report for President James Pursley?
James Pursley, President of Hinge Health (HNGE), had 831 shares of Class A common stock withheld and cancelled to cover tax obligations from vested restricted stock units, rather than through an open-market sale, in an exempt Section 16b-3(e) transaction.
Was the HNGE insider transaction by James Pursley under a Rule 10b5-1 trading plan?
No, the Form 4 for Hinge Health (HNGE) indicates the Rule 10b5-1 checkbox is not marked, and the footnote describes the event as an exempt Section 16b-3(e) tax-withholding transaction tied to RSU vesting, not to a pre-arranged trading plan.
What is the nature of the HNGE Form 4 disposition reported for James Pursley?
The disposition involves payment of tax liabilities by relinquishing 831 shares, which were then cancelled by Hinge Health. It is characterized as an exercise-price-or-tax-liability disposition connected to the vesting of restricted stock units, exempt under Section 16b-3(e).