Hinge Health CFO reports tax-withholding share disposition
Hinge Health, Inc. Chief Financial Officer James Budge reported a routine share disposition tied to tax withholding obligations.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 4,614 | $44.60 | $206K |
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
Section 16b-3(e) regulatory
restricted stock units financial
tax withholding obligations financial
Class A Common Stock 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) Form 4 transaction an open-market sale by the CFO?
What is the purpose of the Section 16b-3(e) exemption mentioned in Hinge Health (HNGE)’s Form 4 footnote?
AI-generated analysis. How Rhea-AI works. Not financial advice.