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Hinge Health (HNGE): Insight funds disclose 6.44M as-converted shares, 9.4% stake

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Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

Hinge Health, Inc. received an amended Schedule 13G/A from several Insight Partners-affiliated funds and entities reporting their beneficial ownership of its equity. The Insight entities collectively beneficially own 6,441,830 shares of Class B Common Stock, each share exchangeable into one share of Class A Common Stock, and are treated as holding that same number of Class A shares for this calculation. Based on 62,468,721 Class A shares outstanding as of July 29, 2026 plus these as-converted Class B shares, the holding represents approximately 9.4% of the Class A Common Stock. The filing notes that if all outstanding Class B shares reported in the Form 10-Q were deemed converted, the Insight entities would beneficially own about 8.0% of the Class A shares deemed outstanding. Voting and dispositive power over these securities is reported as shared among the Insight funds and their general partners, which are making a single joint filing while expressly disclaiming being a “group” for other purposes.

Positive

  • None.

Negative

  • None.
Class B shares beneficially owned 6,441,830 shares of Class B Common Stock Shares held by the reporting persons, treated as converted into Class A for percent-of-class
Class A shares outstanding 62,468,721 shares of Class A Common Stock Outstanding as of July 29, 2026, per Form 10-Q filed August 6, 2026
Adjusted Class A share base 68,910,551 shares of Class A Common Stock Sum of Class A outstanding plus 6,441,830 as-converted Class B shares held by reporting persons
Ownership percentage (as-converted basis) 9.4% of Class A Common Stock Based on treating 6,441,830 Class B shares as converted into Class A
Ownership percentage if all Class B convert 8.0% of Class A Common Stock If all outstanding Class B shares reported in the Form 10-Q were deemed converted
IVP X shared voting power 3,217,008 shares Shared voting and dispositive power reported for Insight Venture Partners X, L.P.
IVP Cayman X shared voting power 2,637,985 shares Shared voting and dispositive power reported for Insight Venture Partners (Cayman) X, L.P.
IVP Delaware X shared voting power 510,292 shares Shared voting and dispositive power reported for Insight Venture Partners (Delaware) X, L.P.
beneficially own financial
"The Reporting Persons beneficially own an aggregate of 6,441,830 shares of Class B Common Stock"
Beneficially own means having the economic rights and risks of a security—such as the right to receive dividends, sell the shares, or profit from price changes—whether or not your name appears on the official share register. Think of it like renting a car: you use it and reap the benefits even if the title lists someone else. Investors care because beneficial ownership determines who truly controls value, must be disclosed under securities rules, and can signal potential influence or trading activity that affects a stock’s price.
Class B Common Stock financial
"6,441,830 shares of Class B Common Stock, which are treated as converted into Class A"
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.
Section 13(d)(3) regulatory
"a "group" within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934"
Rule 13d-1(k) regulatory
"The agreement among the Reporting Persons to file jointly in accordance with Rule 13d-1(k)"
Schedule 13G regulatory
"The Reporting Persons are making this single, joint filing because they may be deemed to constitute a "group""
A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

FAQ

What stake in HNGE does Insight Partners report in this Schedule 13G/A amendment?

Insight-affiliated entities report beneficial ownership of 6,441,830 shares of Class B Common Stock in Hinge Health, Inc., treated as Class A on an as-converted basis. This represents about 9.4% of Class A using the issuer’s specified share count methodology.

How is the 9.4% ownership percentage for HNGE calculated in the filing?

The 9.4% is based on 62,468,721 Class A shares outstanding as of July 29, 2026 plus 6,441,830 as-converted Class B shares held by the reporting persons. Only the reporting persons’ Class B shares are assumed converted for this calculation.

What would Insight Partners’ HNGE ownership be if all Class B shares were converted?

The reporting persons state that if all outstanding Class B Common Stock were deemed converted into Class A Common Stock, they would be deemed to beneficially own approximately 8.0% of the Class A shares deemed outstanding, instead of 9.4%.

Which Insight entities are included in this HNGE Schedule 13G/A amendment?

The filing lists Insight Venture Partners X, L.P., related Cayman and Delaware funds, Insight Venture Associates X, L.P., Insight Venture Associates X, Ltd., and Insight Holdings Group, LLC as reporting persons, collectively referred to as the Insight Entities.

Do the Insight entities share voting power over their HNGE shares?

Yes. The cover pages report shared voting and dispositive power over up to 6,441,830 shares for certain Insight entities, with no sole voting or dispositive power reported. Authority is structured through general partner and shareholder relationships among the Insight entities.

Does the HNGE filing say Insight Partners is a group under Section 13(d)?

The Insight entities make a single, joint filing because they may be deemed a “group” under Section 13(d)(3), but they expressly disclaim membership in a group for Rule 13d-5 and other purposes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates





433313103

(CUSIP Number)
06/30/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G




Comment for Type of Reporting Person: Rows 6, 8 and 9 include 3,217,008 shares of Class A Common Stock issuable upon the exchange of such 3,217,008 shares of Class B Common Stock for Class A Common Stock on a one-for-one basis. See Item 4(b) for further information regarding Row 11. Percentage ownership is based on 68,910,551 shares of Class A Common Stock, which is the sum of (x) 62,468,721 shares of Class A Common Stock outstanding as of July 29, 2026, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2026, and (y) 6,441,830 shares of Class A Common Stock issuable upon the exchange of all shares of Class B Common Stock held by the Reporting Persons, but assuming no exchange of any other shares of Class B Common Stock.


SCHEDULE 13G




Comment for Type of Reporting Person: Rows 6, 8 and 9 include 2,637,985 shares of Class A Common Stock issuable upon the exchange of such 2,637,985 shares of Class B Common Stock for Class A Common Stock on a one-for-one basis. See Item 4(b) for further information regarding Row 11. Percentage ownership is based on 68,910,551 shares of Class A Common Stock, which is the sum of (x) 62,468,721 shares of Class A Common Stock outstanding as of July 29, 2026, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2026, and (y) 6,441,830 shares of Class A Common Stock issuable upon the exchange of all shares of Class B Common Stock held by the Reporting Persons, but assuming no exchange of any other shares of Class B Common Stock.


SCHEDULE 13G




Comment for Type of Reporting Person: Rows 6, 8 and 9 include 510,292 shares of Class A Common Stock issuable upon the exchange of such 510,292 shares of Class B Common Stock for Class A Common Stock on a one-for-one basis. See Item 4(b) for further information regarding Row 11. Percentage ownership is based on 68,910,551 shares of Class A Common Stock, which is the sum of (x) 62,468,721 shares of Class A Common Stock outstanding as of July 29, 2026, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2026, and (y) 6,441,830 shares of Class A Common Stock issuable upon the exchange of all shares of Class B Common Stock held by the Reporting Persons, but assuming no exchange of any other shares of Class B Common Stock.


SCHEDULE 13G




Comment for Type of Reporting Person: Rows 6, 8 and 9 include 76,545 shares of Class A Common Stock issuable upon the exchange of such 76,545 shares of Class B Common Stock for Class A Common Stock on a one-for-one basis. See Item 4(b) for further information regarding Row 11. Percentage ownership is based on 68,910,551 shares of Class A Common Stock, which is the sum of (x) 62,468,721 shares of Class A Common Stock outstanding as of July 29, 2026, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2026, and (y) 6,441,830 shares of Class A Common Stock issuable upon the exchange of all shares of Class B Common Stock held by the Reporting Persons, but assuming no exchange of any other shares of Class B Common Stock.


SCHEDULE 13G




Comment for Type of Reporting Person: Rows 6, 8 and 9 include 6,441,830 shares of Class A Common Stock issuable upon the exchange of such 6,441,830 shares of Class B Common Stock for Class A Common Stock on a one-for-one basis. See Item 4(b) for further information regarding Row 11. Percentage ownership is based on 68,910,551 shares of Class A Common Stock, which is the sum of (x) 62,468,721 shares of Class A Common Stock outstanding as of July 29, 2026, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2026, and (y) 6,441,830 shares of Class A Common Stock issuable upon the exchange of all shares of Class B Common Stock held by the Reporting Persons, but assuming no exchange of any other shares of Class B Common Stock.


SCHEDULE 13G




Comment for Type of Reporting Person: Rows 6, 8 and 9 include 6,441,830 shares of Class A Common Stock issuable upon the exchange of such 6,441,830 shares of Class B Common Stock for Class A Common Stock on a one-for-one basis. See Item 4(b) for further information regarding Row 11. Percentage ownership is based on 68,910,551 shares of Class A Common Stock, which is the sum of (x) 62,468,721 shares of Class A Common Stock outstanding as of July 29, 2026, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2026, and (y) 6,441,830 shares of Class A Common Stock issuable upon the exchange of all shares of Class B Common Stock held by the Reporting Persons, but assuming no exchange of any other shares of Class B Common Stock.


SCHEDULE 13G




Comment for Type of Reporting Person: Rows 6, 8 and 9 include 6,441,830 shares of Class A Common Stock issuable upon the exchange of such 6,441,830 shares of Class B Common Stock for Class A Common Stock on a one-for-one basis. See Item 4(b) for further information regarding Row 11. Percentage ownership is based on 68,910,551 shares of Class A Common Stock, which is the sum of (x) 62,468,721 shares of Class A Common Stock outstanding as of July 29, 2026, as reported in the Issuer's Form 10-Q filed with the Securities and Exchange Commission on August 6, 2026, and (y) 6,441,830 shares of Class A Common Stock issuable upon the exchange of all shares of Class B Common Stock held by the Reporting Persons, but assuming no exchange of any other shares of Class B Common Stock.


SCHEDULE 13G



Insight Venture Partners X, LP
Signature:/s/ John Weinstein
Name/Title:John Weinstein/Authorized Officer
Date:08/14/2026
Insight Venture Partners (Cayman) X, LP
Signature:/s/ John Weinstein
Name/Title:John Weinstein/Authorized Officer
Date:08/14/2026
Insight Venture Partners (Delaware) X, LP
Signature:/s/ John Weinstein
Name/Title:John Weinstein/Authorized Officer
Date:08/14/2026
Insight Venture Partners X (Co-Investors), LP
Signature:/s/ John Weinstein
Name/Title:John Weinstein/Authorized Officer
Date:08/14/2026
Insight Venture Associates X, L.P.
Signature:/s/ John Weinstein
Name/Title:John Weinstein/Authorized Officer
Date:08/14/2026
Insight Venture Associates X, Ltd.
Signature:/s/ John Weinstein
Name/Title:John Weinstein/Authorized Officer
Date:08/14/2026
Insight Holdings Group, LLC
Signature:/s/ John Weinstein
Name/Title:John Weinstein/Attorney-in-Fact
Date:08/14/2026
Exhibit Information

Exhibit 99.1 Joint Filing Agreement, as required by Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended