Hinge Health (HNGE) president reports RSU tax withholding of 1,118 shares
Rhea-AI Filing Summary
Hinge Health, Inc. reported an insider equity transaction by its President on a Form 4. On 01/01/2026, the officer disposed of 1,118 shares of Class A common stock at $46.45 per share under transaction code F, which indicates shares withheld to cover taxes on vesting equity awards. After this tax-related share withholding, the reporting person beneficially owned 768,660 shares of Class A common stock, held directly. The filing notes that the shares relinquished were cancelled by the company in exchange for the company’s agreement to satisfy the officer’s federal and state tax withholding obligations arising from the vesting of restricted stock units.
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FAQ
What insider transaction did Hinge Health (HNGE) disclose in this Form 4?
The President of Hinge Health, Inc. reported a transaction on 01/01/2026 in which 1,118 shares of Class A common stock were disposed of under transaction code F, reflecting shares withheld to cover tax obligations from vested restricted stock units.
How many Hinge Health (HNGE) shares does the insider own after this transaction?
Following the reported transaction, the President beneficially owned 768,660 shares of Hinge Health, Inc. Class A common stock, held in direct ownership.
What does transaction code F mean in the Hinge Health (HNGE) Form 4?
Transaction code F indicates an exempt transaction where shares are disposed of to pay the exercise price or satisfy tax withholding obligations related to equity awards, in this case tied to the vesting of restricted stock units.
Was the Hinge Health (HNGE) insider sale a discretionary market sale?
No. The filing explains that all shares reported as disposed of were relinquished by the reporting person and cancelled by the company in exchange for the company’s agreement to pay federal and state tax withholding obligations from the vesting of restricted stock units.
What security class was involved in the Hinge Health (HNGE) insider transaction?
The transaction involved Class A common stock of Hinge Health, Inc., with 1,118 shares disposed of at a reported price of $46.45 per share to cover tax liabilities.
Who signed the Hinge Health (HNGE) Form 4 and in what capacity?
The Form 4 was signed by James Budge as Attorney-in-Fact for the reporting person, indicating authorization to sign on the insider’s behalf.