Insight funds convert and sell 1.47M Hinge Health shares
Hinge Health, Inc. disclosed that investment entities affiliated with Insight, reported as ten percent owners, completed a large convert-and-sell transaction in the company’s Class A Common Stock.
Rhea-AI Filing Summary
Hinge Health, Inc. disclosed that investment entities affiliated with Insight, reported as ten percent owners, completed a large convert-and-sell transaction in the company’s Class A Common Stock. They converted 1,466,667 Class B shares into Class A and then sold the same number in multiple open-market trades at prices between roughly $81.31 and $84.59 per share, resulting in a net sale of 1,466,667 shares and no remaining derivative position from this block.
Positive
- None.
Negative
- None.
Insights
Insight-affiliated funds converted and sold 1.47M HNGE shares in a net-sell transaction.
Affiliated Insight funds, disclosed as ten percent owners of Hinge Health, Inc., converted 1,466,667 Class B Common Stock shares into Class A Common Stock and sold the entire amount in open-market trades. Sale prices ranged from about $81.305 to $84.59 per share.
This pattern is a classic exercise-or-conversion-and-sell event: the derivative Class B position was converted and fully exited, with no remaining derivative holdings shown. The filing does not quantify the funds’ overall ownership stake after these trades, so the scale is visible only for this specific block.
The transactions are economically meaningful in absolute terms, but their impact on the company’s overall float or Insight’s total ownership cannot be gauged from this information alone. Future company disclosures or ownership filings would provide additional context on remaining holdings and any broader change in control or influence.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Class A Common Stock | 732,444 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 17,427 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 600,613 | $0.00 | $0.00 |
| Conversion | Class A Common Stock | 116,183 | $0.00 | $0.00 |
| Sale | Class A Common Stock | 216,787 | $81.305 | $17.63M |
| Sale | Class A Common Stock | 5,158 | $81.305 | $419K |
| Sale | Class A Common Stock | 177,768 | $81.305 | $14.45M |
| Sale | Class A Common Stock | 34,387 | $81.305 | $2.80M |
| Sale | Class A Common Stock | 72,672 | $82.0479 | $5.96M |
| Sale | Class A Common Stock | 1,729 | $82.0479 | $142K |
| Sale | Class A Common Stock | 59,592 | $82.0479 | $4.89M |
| Sale | Class A Common Stock | 11,528 | $82.0479 | $946K |
| Sale | Class A Common Stock | 162,965 | $83.1765 | $13.55M |
| Sale | Class A Common Stock | 3,877 | $83.1765 | $322K |
| Sale | Class A Common Stock | 133,633 | $83.1765 | $11.12M |
| Sale | Class A Common Stock | 25,850 | $83.1765 | $2.15M |
| Sale | Class A Common Stock | 279,671 | $84.0207 | $23.50M |
| Sale | Class A Common Stock | 6,654 | $84.0207 | $559K |
| Sale | Class A Common Stock | 229,334 | $84.0207 | $19.27M |
| Sale | Class A Common Stock | 44,363 | $84.0207 | $3.73M |
| Sale | Class A Common Stock | 349 | $84.59 | $30K |
| Sale | Class A Common Stock | 9 | $84.59 | $761.31 |
| Sale | Class A Common Stock | 286 | $84.59 | $24K |
| Sale | Class A Common Stock | 55 | $84.59 | $5K |
| Conversion | Class B Common Stock | 732,444 | $0.00 | $0.00 |
| Conversion | Class B Common Stock | 17,427 | $0.00 | $0.00 |
| Conversion | Class B Common Stock | 600,613 | $0.00 | $0.00 |
| Conversion | Class B Common Stock | 116,183 | $0.00 | $0.00 |
Footnotes (14)
- F1. See Exhibit 99.1
- F2. See Exhibit 99.1
- F3. See Exhibit 99.1
- F4. See Exhibit 99.1
- F5. See Exhibit 99.1
- F6. See Exhibit 99.1
- F7. See Exhibit 99.1
- F8. See Exhibit 99.1
- F9. See Exhibit 99.1
- F10. See Exhibit 99.1
- F11. See Exhibit 99.1
- F12. See Exhibit 99.1
- F13. See Exhibit 99.1
- F14. See Exhibit 99.1
Key Figures
Key Terms
open-market sale financial
Class B Common Stock financial
derivative conversion financial
ten percent owner regulatory
indirect ownership regulatory
FAQ
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What did Insight-affiliated funds do in this Hinge Health (HNGE) Form 4 filing?
What type of securities did the Insight entities convert in Hinge Health (HNGE)?
Did the Insight entities retain any derivative position after these Hinge Health (HNGE) transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.