Hinge Health (HNGE) president relinquishes 5,127 shares to cover tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hinge Health, Inc. President James Pursley reported a tax-related share disposition. On March 1, 2026, he relinquished 5,127 shares of Class A Common Stock at a value of $42.76 per share. These shares were cancelled by the company to satisfy his federal and state tax withholding obligations from the vesting of restricted stock units. After this exempt tax-withholding transaction, Pursley directly owned 747,104 shares of Hinge Health Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pursley James
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 5,127 | $42.76 | $219K |
Holdings After Transaction:
Class A Common Stock — 747,104 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did HNGE President James Pursley report on this Form 4?
James Pursley reported a tax-related disposition of Hinge Health shares. He relinquished 5,127 shares of Class A Common Stock, which were cancelled by the company to cover his tax withholding obligations arising from vested restricted stock units.
Is James Pursley’s HNGE Form 4 transaction considered exempt under Section 16 rules?
Yes. The footnote states the transaction is exempt under Section 16b-3(e). The shares were withheld or delivered to Hinge Health to pay tax liabilities arising from vesting of restricted stock units issued in accordance with Rule 16b-3.