Hinge Health (HNGE) president covers RSU taxes with 1,429 share withholding
Filing Impact
Filing Sentiment
Form Type
4
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
1 transaction reported
Mixed
1 txn
Insider
Pursley James
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 1,429 | $34.90 | $50K |
Holdings After Transaction:
Class A Common Stock — 767,231 shares (Direct)
Footnotes (1)
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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.