HNGE Form 4: Bessemer funds convert Class B and sell Class A
Rhea-AI Filing Summary
Hinge Health, Inc. (HNGE) reported insider activity involving an individual who is both a director and 10% owner, with holdings tied to Bessemer Venture Partners funds. On November 18, 2025, Bessemer Venture Partners X L.P. converted 2,119,271 shares of Class B Common Stock into 2,119,271 shares of Class A Common Stock, and Bessemer Venture Partners X Institutional L.P. converted 1,989,436 Class B shares into 1,989,436 Class A shares.
On the same date, BVP X sold 373,955 shares of Hinge Health Class A Common Stock and BVP X Institutional sold 351,045 Class A shares. The reporting person, a partner at Bessemer Venture Partners, notes only an indirect, passive economic interest in these Bessemer funds and expressly disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class B Common Stock | 0 | $0.00 | -- |
| Conversion | Class A Common Stock | 0 | $0.00 | -- |
| Sale | Class A Common Stock | 0 | $0.00 | -- |
Footnotes (1)
- On November 18, 2025, Bessemer Venture Partners X L.P. ("BVP X") and Bessemer Venture Partners X Institutional L.P. ("BVP X Inst") (together with BVP X, the "Bessemer Funds") converted 2,119,271 and 1,989,436 shares of Class B Common Stock of the Issuer, respectively, into 2,119,271 and 1,989,436 shares of Class A Common Stock of the issuer, respectively. The Class B Common Stock was convertible into shares of Class A Common Stock upon the occurrence of certain events as described further in the Issuer's amended and restated certificate of incorporation. BVP X sold 373,955 shares of Class A Common Stock of the Issuer, and BVP X Inst. sold 351,045 shares of Class A Common Stock of the Issuer. The Reporting Person is a partner at Bessemer Venture Partners and has an indirect, passive economic interest in the shares held by the Bessemer Funds by virtue of his interest in (1) Deer X & Co. L.P., the general partner of the Bessemer Funds and (2) certain other indirect limited partnership interests in certain of the Bessemer Funds. The Reporting Person disclaims beneficial ownership of the securities held by the Bessemer Funds, except to the extent of his pecuniary interest, if any, in such securities by virtue of his indirect interest in the Bessemer Funds. This report shall not be deemed an admission that the Reporting Person is the beneficial owner of such securities.
FAQ
What insider transactions did Hinge Health (HNGE) disclose in this Form 4?
The Form 4 reports that on November 18, 2025, Bessemer Venture Partners X L.P. and Bessemer Venture Partners X Institutional L.P. converted Class B Common Stock of Hinge Health, Inc. into Class A Common Stock and also sold Class A shares.
What is the reporting person’s relationship to Hinge Health (HNGE) and the Bessemer funds?
The reporting person is identified as a director and 10% owner of Hinge Health and is a partner at Bessemer Venture Partners, with an indirect, passive economic interest in the Bessemer funds that hold Hinge Health shares.