Hinge Health (HNGE) president covers RSU taxes with 1,429 share withholding
Rhea-AI Filing Summary
Hinge Health, Inc. president James Pursley reported an exempt tax-withholding transaction involving company stock. On 02/01/2026, 1,429 shares of Class A Common Stock were withheld at $34.90 per share to cover federal and state tax obligations from vesting restricted stock units.
These shares were relinquished by Pursley and cancelled by Hinge Health in exchange for the company paying his related tax liabilities. After this administrative transaction, he beneficially owned 767,231 shares of Class A Common Stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,429 shares
Net Sell
1 txn
Insider
Pursley James
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 1,429 | $34.90 | $50K |
Holdings After Transaction:
Class A Common Stock — 767,231 shares (Direct)
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.
FAQ
What insider transaction did HNGE president James Pursley report?
James Pursley reported an exempt tax-withholding transaction. Hinge Health, Inc. withheld and cancelled 1,429 Class A Common shares on 02/01/2026 to cover tax obligations arising from vesting restricted stock units, rather than an open-market sale.
Why is the HNGE Form 4 transaction marked as exempt under Section 16b-3(e)?
It is exempt because the transaction represents shares withheld to pay tax obligations on equity compensation. Under Section 16b-3(e), such withholdings related to vesting restricted stock units are treated as exempt dispositions, not typical discretionary sales in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.