Hyperfine (HYPR) CFO sells shares to cover tax withholding
Rhea-AI Filing Summary
Hyperfine, Inc. (HYPR) reported that its CFO and CAO, Brett Hale, sold 7,345 shares of Class A Common Stock on August 24, 2026, at a weighted average price of $0.854 per share, with individual sale prices ranging from $0.854 to $0.868. According to the company’s disclosure, these sales were effected under a “sell to cover” provision solely to satisfy tax withholding obligations arising from the vesting of restricted stock units granted on March 31, 2025. Following this transaction, Hale directly holds 592,420 shares of Hyperfine Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,345 shares
Net Sell
1 txn
Insider
HALE BRETT
Role
CFO and CAO
Sold
7,345 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1, F2 | 7,345 | $0.854 | $6K |
Holdings After Transaction:
Class A Common Stock — 592,420 shares (Direct)
Footnotes (2)
- F1. The sales reported in this Form 4 were effected to cover tax withholding obligations in connection with the vesting of restricted stock units ("RSUs") that were granted on March 31, 2025 pursuant to a "sell to cover" provision included in the RSU agreement.
- F2. Represents the weighted average sales price per share. The shares sold at prices ranging from $0.854 to $0.868 per share. Full information regarding the number of shares sold at each price shall be provided upon request to the staff of the U.S. Securities and Exchange Commission, the Issuer, or a security holder of the Issuer.
Key Figures
Shares sold: 7,345 shares
Weighted average sale price: $0.854 per share
Shares owned after transaction: 592,420 shares
+2 more
5 metrics
Shares sold
7,345 shares
Class A Common Stock sold on August 24, 2026
Weighted average sale price
$0.854 per share
Sales prices ranged from $0.854 to $0.868 per share
Shares owned after transaction
592,420 shares
Direct holdings of Brett Hale following the sale
Net shares sold
7,345 shares
Net sell activity in this Form 4
RSU grant date
March 31, 2025
RSUs whose vesting triggered the tax-related “sell to cover” sale
Key Terms
restricted stock units ("RSUs"), sell to cover, weighted average sales price per share
3 terms
restricted stock units ("RSUs") financial
"in connection with the vesting of restricted stock units ("RSUs") that were granted"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
sell to cover financial
"pursuant to a "sell to cover" provision included in the RSU agreement"
Sell to cover is when a person who receives company stock through options or awards sells just enough shares immediately to pay required taxes, exercise costs, or fees, keeping the rest. Think of it like cashing part of a bonus to cover the tax bill so you can keep the remainder. For investors, it can create predictable small selling pressure and slightly change the number of shares actually held by insiders without increasing long‑term dilution.
FAQ
What insider transaction did Hyperfine (HYPR) disclose for Brett Hale?
Hyperfine disclosed that CFO and CAO Brett Hale sold 7,345 shares of Class A Common Stock on August 24, 2026. The transaction was reported as a sale in the open market or a private transaction and related to tax withholding for vested RSUs.
Does the Form 4 for Hyperfine (HYPR) mention a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed (false), and the footnotes describe the sale as pursuant to a “sell to cover” provision for tax withholding on RSU vesting, not as a Rule 10b5-1 trading plan.
What type of security did Brett Hale trade in the Hyperfine (HYPR) Form 4?
The transaction involved Class A Common Stock of Hyperfine, Inc., reported as a non-derivative security transaction on Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.