Hinge Health (HNGE) CFO James Budge receives 65,000-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hinge Health, Inc. reported that Chief Financial Officer James Budge received an award of 65,000 shares of Class A Common Stock in the form of restricted stock units. The RSU grant was acquired for no cash consideration and brings his directly held stake to 451,293 shares.
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 |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 65,000 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 451,293 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 65,000 shares
Holdings after transaction: 451,293 shares
Price per share: $0.0000 per share
3 metrics
RSU grant size
65,000 shares
Restricted stock unit award to CFO James Budge
Holdings after transaction
451,293 shares
Direct Class A Common Stock holdings post-award
Price per share
$0.0000 per share
Reported transaction price for RSU grant
Key Terms
restricted stock unit ("RSU"), Class A Common Stock, exempt transaction, grant, award, or other acquisition
4 terms
restricted stock unit ("RSU") financial
"Represents a restricted stock unit ("RSU") award that was acquired through an exempt transaction with the Issuer."
Class A Common Stock financial
"Each RSU represents a right to receive one share of the Issuer's Class A Common Stock at the time of vesting for no consideration."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
exempt transaction regulatory
"Represents a restricted stock unit ("RSU") award that was acquired through an exempt transaction with the Issuer."
grant, award, or other acquisition regulatory
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Hinge Health (HNGE) disclose for James Budge?
Hinge Health disclosed that Chief Financial Officer James Budge received a grant of 65,000 restricted stock units. Each RSU converts into one share of Class A Common Stock upon vesting, increasing his direct holdings to 451,293 shares after the award.
Was the Hinge Health (HNGE) RSU grant to James Budge an open-market purchase?
No, the 65,000-share award was classified as a grant or other acquisition, not an open-market purchase. It was received for no cash consideration as part of equity compensation, using restricted stock units that vest into Class A Common Stock over time.
What is a restricted stock unit (RSU) in the Hinge Health (HNGE) filing?
The filing states each restricted stock unit represents the right to receive one share of Class A Common Stock at vesting for no consideration. RSUs are a form of equity compensation that deliver actual shares only when vesting conditions are satisfied.