Hinge Health (HNGE) awards 944,250 performance stock units to chair
Rhea-AI Filing Summary
Mecklenburg Gabriel M.I. reported acquisition or exercise transactions in this Form 4 filing.
Hinge Health, Inc. reported that executive chairman and co‑founder Gabriel M.I. Mecklenburg received a grant of 944,250 performance‑based restricted stock units. Each unit represents a contingent right to one share of Class B Common Stock, earned and vested on July 27, 2026 after certified performance criteria, with settlement deferred. The PSUs do not expire; they either vest or are cancelled prior to the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mecklenburg Gabriel M.I.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance-based Restricted Stock Units F1, F2, F3 | 944,250 | $0.00 | $0.00 |
Holdings After Transaction:
Performance-based Restricted Stock Units — 944,250 shares (Direct)
Footnotes (3)
- F1. Each performance-based restricted stock unit ("PSU") represents a contingent right to receive one share of the Issuer's Class B Common Stock upon settlement.
- F2. The PSUs were earned and became vested upon the achievement of performance criteria as certified by the Compensation Committee of the Issuer's Board of Directors on July 27, 2026. Settlement of the PSUs has been deferred.
- F3. PSUs do not expire; they either vest or are cancelled prior to vesting date.
Key Figures
Performance-based RSUs granted: 944,250 units
Transaction price per unit: $0.0000
Shares underlying PSUs: 944,250 shares
+2 more
5 metrics
Performance-based RSUs granted
944,250 units
Grant to Gabriel M.I. Mecklenburg on July 27, 2026
Transaction price per unit
$0.0000
Reported acquisition price for the PSUs
Shares underlying PSUs
944,250 shares
Each PSU represents one share of Class B Common Stock
Total PSUs following transaction
944,250 units
Direct holdings of PSUs after the award
Certification date
July 27, 2026
Compensation Committee certified performance criteria on this date
Key Terms
Performance-based Restricted Stock Units, PSUs, Class B Common Stock, vested, +1 more
5 terms
Performance-based Restricted Stock Units financial
"Security titled "Performance-based Restricted Stock Units" was granted"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
PSUs financial
"Each PSU represents a contingent right to receive one share"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
Class B Common Stock financial
"Each PSU converts into one share of Class B Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
vested financial
"The PSUs were earned and became vested upon achievement of criteria"
settlement financial
"Settlement of the PSUs has been deferred"
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider award did Hinge Health (HNGE) report for Gabriel Mecklenburg?
Gabriel M.I. Mecklenburg received 944,250 performance-based restricted stock units from Hinge Health. Each unit corresponds to one share of Class B Common Stock and was earned and vested after performance criteria were certified on July 27, 2026, with settlement of the units deferred.
Were the new HNGE performance-based RSUs for Gabriel Mecklenburg immediately settled?
No. Although the 944,250 performance-based restricted stock units were earned and became vested when performance criteria were certified on July 27, 2026, their settlement has been deferred. Mecklenburg therefore has a contingent right to receive the underlying Class B shares at a later time.
Do the Hinge Health (HNGE) performance-based RSUs granted to Mecklenburg expire?
The filing states that these PSUs do not expire. Instead, they either vest or are cancelled prior to the vesting date. This means there is no traditional expiration date; the units terminate only through vesting based on performance or cancellation before vesting occurs.
What is Gabriel Mecklenburg’s role at Hinge Health (HNGE) associated with this RSU grant?
Gabriel M.I. Mecklenburg is identified as an executive chairman, co‑founder, and director of Hinge Health. The reported award of performance-based restricted stock units reflects equity compensation tied to his leadership position and performance criteria overseen by the Compensation Committee.