Hinge Health (HNGE) president relinquishes 5,127 shares to cover tax bill
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
Net Seller: 5,127 shares
Net Sell
1 txn
Insider
Pursley James
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 5,127 | $42.76 | $219K |
Holdings After Transaction:
Class A Common Stock — 747,104 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.
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.
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