Hinge Health (HNGE) CFO uses 4,614 shares to cover tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hinge Health, Inc. Chief Financial Officer James Budge reported a routine share disposition tied to tax withholding obligations. On May 1, 2026, 4,614 shares of Class A Common Stock were relinquished and cancelled at an indicated value of $44.60 per share to cover federal and state taxes from vesting restricted stock units.
The footnote explains this exempt transaction was processed under Section 16b-3(e), with the issuer agreeing to satisfy the tax liability in exchange for the cancelled shares. Following this tax-withholding disposition, Budge held 392,199 shares of Hinge Health stock directly. This event reflects compensation-related tax settlement rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Budge James
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 4,614 | $44.60 | $206K |
Holdings After Transaction:
Class A Common Stock — 392,199 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares used for tax withholding: 4,614 shares
Per-share value for disposition: $44.60 per share
Shares held after transaction: 392,199 shares
+1 more
4 metrics
Shares used for tax withholding
4,614 shares
Class A Common Stock disposed on May 1, 2026
Per-share value for disposition
$44.60 per share
Indicated value for 4,614 disposed shares
Shares held after transaction
392,199 shares
Direct holdings following tax-withholding disposition
Tax-withholding shares reported
4,614 shares
TaxWithholdingShares in transaction summary
Key Terms
Section 16b-3(e), restricted stock units, tax withholding obligations, Class A Common Stock
4 terms
Section 16b-3(e) regulatory
"Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability"
restricted stock units financial
"resulting from the vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"to pay federal and state tax withholding obligations of the Reporting Person"
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did Hinge Health (HNGE) CFO James Budge report in this Form 4?
James Budge reported a tax-withholding disposition of Hinge Health shares. He relinquished 4,614 Class A shares, which were cancelled so the company could cover his federal and state tax obligations from vesting restricted stock units.
Was the Hinge Health (HNGE) Form 4 transaction an open-market sale by the CFO?
No. The Form 4 describes an exempt transaction under Section 16b-3(e). All disposed shares were relinquished and cancelled so the issuer could pay the CFO’s tax withholding obligations from vesting restricted stock units, rather than being sold in the open market.
What is the purpose of the Section 16b-3(e) exemption mentioned in Hinge Health (HNGE)’s Form 4 footnote?
Section 16b-3(e) allows exempt insider transactions for paying exercise prices or tax liabilities using issuer securities. Here, Hinge Health cancelled 4,614 shares from the CFO’s holdings to cover federal and state tax withholding tied to vested restricted stock units.