Hinge Health (HNGE) CFO surrenders 4,614 shares to cover RSU taxes
Rhea-AI Filing Summary
Hinge Health, Inc. Chief Financial Officer James Budge reported a routine tax-related share disposition. A total of 4,614 shares of Class A Common Stock were relinquished and cancelled to satisfy federal and state tax withholding from the vesting of restricted stock units, in an exempt transaction under Section 16b-3(e). Following this tax-withholding event, Budge directly holds 430,786 shares of Hinge Health Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,614 shares
Net Sell
1 txn
Insider
Budge James
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 4,614 | $83.00 | $383K |
Holdings After Transaction:
Class A Common Stock — 430,786 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: 4,614 shares
Price per share for tax calculation: $83.00 per share
Shares held after transaction: 430,786 shares
3 metrics
Shares disposed for tax withholding
4,614 shares
Relinquished and cancelled to satisfy tax obligations from RSU vesting
Price per share for tax calculation
$83.00 per share
Value used in the tax-withholding disposition of 4,614 shares
Shares held after transaction
430,786 shares
CFO James Budge’s direct Class A holdings following the Form 4 event
Key Terms
restricted stock units, Section 16b-3(e), tax withholding obligations
3 terms
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.
Section 16b-3(e) regulatory
"Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability"
tax withholding obligations financial
"to pay federal and state tax withholding obligations of the Reporting Person"
AI-generated analysis. How Rhea-AI works. Not financial advice.