Hinge Health (HNGE) CEO converts Class B and sells 166,665 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hinge Health, Inc. CEO, Co-Founder, director and 10% owner Daniel Antonio Perez reported a planned share sale. On February 12, 2026, he converted 166,665 shares of Class B Common Stock into the same number of Class A shares at $0 per share, then sold 166,665 Class A shares in open-market transactions at a weighted average price of $40.2635, under a Rule 10b5-1 trading plan adopted on September 11, 2025. Following these transactions, his directly held Class A position reported in this filing is 0 shares, while he directly holds 9,488,845 Class B shares and has additional indirect holdings through his spouse.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 166,665 shares ($6,710,516)
Net Sell
5 txns
Insider
Perez Daniel Antonio
Role
CEO & Co-Founder
Sold
166,665 shs ($6.71M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 166,665 | $0.00 | -- |
| Conversion | Class A Common Stock | 166,665 | $0.00 | -- |
| Sale | Class A Common Stock | 166,665 | $40.2635 | $6.71M |
| holding | Class B Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class B Common Stock — 9,488,845 shares (Direct);
Class A Common Stock — 166,665 shares (Direct);
Class B Common Stock — 515,705 shares (Indirect, By Spouse);
Class A Common Stock — 35,470 shares (Indirect, By Spouse)
Footnotes (1)
- The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2025. Represents the weighted average sale price. The lowest price at which shares were sold was $40.00 and the highest price at which shares were sold was $40.88. 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. 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. Excludes 4,721,252 performance stock units held by the Reporting Person.
FAQ
What insider transaction did HNGE CEO Daniel Antonio Perez report?
Daniel Antonio Perez reported converting and selling shares. He converted 166,665 Class B shares into 166,665 Class A shares, then sold all 166,665 Class A shares in open-market trades, as disclosed in this Form 4 insider transaction report.
What is the relationship of Daniel Antonio Perez to Hinge Health (HNGE)?
Daniel Antonio Perez is a key insider at Hinge Health. He is identified as CEO, Co-Founder, a director, and a 10% owner of the company, making his transactions material for monitoring insider ownership levels.