Hinge Health CFO covers taxes with 9,986 shares
Hinge Health, Inc. Chief Financial Officer James Budge reported a routine tax-withholding transaction involving 9,986 shares of Class A common stock at $56.21 per share.
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Rhea-AI Filing Summary
Hinge Health, Inc. Chief Financial Officer James Budge reported a routine tax-withholding transaction involving 9,986 shares of Class A common stock at $56.21 per share. These shares were relinquished and cancelled so the company could cover his federal and state tax obligations from vesting restricted stock units. Following this disposition, he directly holds 435,400 shares of Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 9,986 | $56.21 | $561K |
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.
Key Figures
Key Terms
restricted stock units financial
Section 16b-3(e) regulatory
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Hinge Health (HNGE) CFO James Budge report in this Form 4?
Was the Hinge Health (HNGE) CFO’s Form 4 transaction an open-market sale?
What is Section 16b-3(e) treatment in the Hinge Health (HNGE) Form 4 footnote?
AI-generated analysis. How Rhea-AI works. Not financial advice.