Hinge Health CEO sells 250K shares in plan
Hinge Health’s CEO and spouse converted Class B to Class A shares, sold 250,000 Class A shares, and made a 45,000‑share gift under a pre‑arranged Rule 10b5‑1 plan.
Rhea-AI Filing Summary
Hinge Health, Inc. (HNGE) reported that CEO, co‑founder and major shareholder Daniel Antonio Perez and his spouse converted a total of 295,000 shares of Class B Common Stock into Class A Common Stock on September 10, 2026, then disposed of 250,000 Class A shares through open‑market sales and transferred 45,000 Class A shares as a bona fide gift. The sales were made under a Rule 10b5‑1 trading plan adopted on June 11, 2026, and Perez continued to hold 9,778,672 Class B shares directly and 208,445 Class B shares indirectly through his spouse after the reported conversions, excluding 3,777,002 performance‑based restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and sale activity reported; no spread calculated
Exercise and Sale
15 txns
Insider
Perez Daniel Antonio
Role
CEO & Co-Founder
Sold
250,000 shs ($22.36M)
Approx. gross sale proceeds
$22.36M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F11, F12 | 145,000 | $0.00 | $0.00 |
| Conversion | Class B Common Stock F11 | 150,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 145,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1, F2 | 24,390 | $88.2217 | $2.15M |
| Sale | Class A Common Stock F1, F3 | 24,599 | $89.0192 | $2.19M |
| Sale | Class A Common Stock F1, F4 | 42,740 | $90.0911 | $3.85M |
| Sale | Class A Common Stock F1, F5 | 7,171 | $90.9473 | $652K |
| Sale | Class A Common Stock F1, F6 | 1,100 | $91.5991 | $101K |
| Gift | Class A Common Stock | 45,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 150,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1, F2 | 37,251 | $88.2163 | $3.29M |
| Sale | Class A Common Stock F1, F7 | 35,303 | $89.0106 | $3.14M |
| Sale | Class A Common Stock F1, F8 | 58,076 | $90.033 | $5.23M |
| Sale | Class A Common Stock F1, F9 | 17,740 | $90.7636 | $1.61M |
| Sale | Class A Common Stock F1, F10 | 1,630 | $91.5997 | $149K |
Holdings After Transaction:
Class B Common Stock — 9,778,672 contracts (Direct);
Class B Common Stock — 208,445 contracts (Indirect, By Spouse);
Class A Common Stock — 0 shares (Direct);
Class A Common Stock — 35,470 shares (Indirect, By Spouse)
Footnotes (12)
- F1. The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person and his spouse on June 11, 2026.
- F2. Represents the weighted average sale price. The lowest price at which shares were sold was $87.44 and the highest price at which shares were sold was $88.43. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- F3. Represents the weighted average sale price. The lowest price at which shares were sold was $88.50 and the highest price at which shares were sold was $89.495. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- F4. Represents the weighted average sale price. The lowest price at which shares were sold was $89.51 and the highest price at which shares were sold was $90.50. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- F5. Represents the weighted average sale price. The lowest price at which shares were sold was $90.51 and the highest price at which shares were sold was $91.50. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- F6. Represents the weighted average sale price. The lowest price at which shares were sold was $91.53 and the highest price at which shares were sold was $91.76. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- F7. Represents the weighted average sale price. The lowest price at which shares were sold was $88.44 and the highest price at which shares were sold was $89.43. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- F8. Represents the weighted average sale price. The lowest price at which shares were sold was $89.44 and the highest price at which shares were sold was $90.43. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- F9. Represents the weighted average sale price. The lowest price at which shares were sold was $90.44 and the highest price at which shares were sold was $91.42. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- F10. Represents the weighted average sale price. The lowest price at which shares were sold was $91.45 and the highest price at which shares were sold was $91.72. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- F11. 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.
- F12. Excludes 3,777,002 performance-based restricted stock units held by the Reporting Person.
Key Figures
Class B to Class A conversions (direct and spouse): 295,000 shares
Total Class A shares sold: 250,000 shares
Bona fide gift of Class A shares: 45,000 shares
+5 more
8 metrics
Class B to Class A conversions (direct and spouse)
295,000 shares
Class B Common Stock converted into Class A on September 10, 2026
Total Class A shares sold
250,000 shares
Open‑market sales by Daniel Antonio Perez and spouse on September 10, 2026
Bona fide gift of Class A shares
45,000 shares
Gift transfer reported on September 10, 2026
Direct Class B holdings after conversion
9,778,672 shares
Class B Common Stock held directly by Daniel Antonio Perez following the reported transactions
Indirect Class B holdings after conversion
208,445 shares
Class B Common Stock held indirectly through spouse after the reported transactions
Performance-based restricted stock units
3,777,002 units
Performance‑based restricted stock units held by the reporting person and excluded from the post‑transaction Class B share count
Sale price range example
$87.44–$88.43 per share
Price range for one block of weighted average sales on September 10, 2026
Highest reported sale price range
$91.45–$91.72 per share
Upper end of the weighted average sale price ranges for reported sales
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, performance-based restricted stock units, Class B Common Stock
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted average sale price financial
"Represents the weighted average sale price. The lowest price at which shares were sold was"
performance-based restricted stock units financial
"Excludes 3,777,002 performance-based restricted stock units held by the Reporting Person."
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of the lssuer's Class A Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did HNGE’s CEO report on September 10, 2026?
He and his spouse converted 295,000 Class B shares into Class A shares, then disposed of 250,000 Class A shares through open‑market sales and transferred 45,000 Class A shares as a bona fide gift, all on September 10, 2026.
What HNGE holdings does the CEO report after these transactions?
After the reported conversions, he holds 9,778,672 shares of Class B Common Stock directly and 208,445 Class B shares indirectly through his spouse, and the filing notes an additional 3,777,002 performance‑based restricted stock units that are excluded from that share count.
What were the reported price ranges for the HNGE stock sales?
The filing reports weighted average sale prices with ranges including $87.44–$88.43, $88.50–$89.495, $89.51–$90.50, $90.51–$91.50, and up to about $91.45–$91.72 per share for different sale blocks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
