Hinge Health chairman sells 200,000 shares
The sales were made under a Rule 10b5-1 plan adopted June 12, 2026; the reported Class B balance following conversion was 1,644,004 shares.
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Rhea-AI Filing Summary
Hinge Health, Inc. (HNGE) director, executive chairman and co-founder Gabriel M.I. Mecklenburg converted 200,000 Class B shares into 200,000 Class A shares on October 12, 2026, and sold 200,000 Class A shares in four reported tranches. The weighted-average sale prices were $101.5308, $102.5323, $103.4755 and $104.3379 per share. The sales were made under a Rule 10b5-1 trading plan adopted June 12, 2026. Following the conversion, he held 1,644,004 Class B shares directly. His reported indirect Class B holdings included 383,592 shares through a Family Trust and 692,710 shares through a GRAT.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock F6 | 200,000 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 200,000 | $0.00 | $0.00 |
| Sale | Class A Common Stock F1, F2 | 8,642 | $101.5308 | $877K |
| Sale | Class A Common Stock F1, F3 | 91,502 | $102.5323 | $9.38M |
| Sale | Class A Common Stock F1, F4 | 59,988 | $103.4755 | $6.21M |
| Sale | Class A Common Stock F1, F5 | 39,868 | $104.3379 | $4.16M |
| holding | Class B Common Stock F6 | -- | -- | -- |
| holding | Class B Common Stock F6 | -- | -- | -- |
Footnotes (6)
- F1. The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2026.
- F2. Represents the weighted average sale price. The lowest price at which shares were sold was $101.00 and the highest price at which shares were sold was $101.97. 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.
- F3. Represents the weighted average sale price. The lowest price at which shares were sold was $102.00 and the highest price at which shares were sold was $102.99. 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.
- F4. Represents the weighted average sale price. The lowest price at which shares were sold was $103.00 and the highest price at which shares were sold was $103.99. 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.
- F5. Represents the weighted average sale price. The lowest price at which shares were sold was $104.01 and the highest price at which shares were sold was $104.72. 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.
- F6. 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.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
weighted average sale price financial
Amended and Restated Certificate of Incorporation regulatory
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