Tax-related stock sale by Hyperfine (HYPR) COO Thomas Teisseyre
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hyperfine, Inc.’s Chief Operating Officer Thomas Teisseyre reported an open-market sale of 6,047 shares of Class A common stock at a weighted average price of $1.65 per share. According to the disclosure, this sale was executed solely to cover tax withholding obligations tied to the vesting of restricted stock units granted on March 31, 2025 under a sell-to-cover provision. Following the transaction, Teisseyre directly holds 678,601 shares of Hyperfine common stock. The shares involved in the sale traded within a price range of $1.63 to $1.715 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,047 shares ($9,978)
Net Sell
1 txn
Insider
TEISSEYRE THOMAS
Role
Chief Operating Officer
Sold
6,047 shs ($10K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 6,047 | $1.65 | $10K |
Holdings After Transaction:
Class A Common Stock — 678,601 shares (Direct, null)
Footnotes (1)
- 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. Represents the weighted average sales price per share. The shares sold at prices ranging from $1.63 to $1.715 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: 6,047 shares
Average sale price: $1.65 per share
Post-transaction holdings: 678,601 shares
+2 more
5 metrics
Shares sold
6,047 shares
Open-market sale on May 26, 2026
Average sale price
$1.65 per share
Weighted average sales price for the transaction
Post-transaction holdings
678,601 shares
Shares of Class A common stock held directly after sale
Sale price range
$1.63–$1.715 per share
Range of prices at which the shares were sold
Net insider activity
-6,047 shares
Net sell direction in transaction summary
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 on March 31, 2025"
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) report for COO Thomas Teisseyre?
Hyperfine reported that COO Thomas Teisseyre sold 6,047 shares of Class A common stock. The transaction was an open-market sale executed under a sell-to-cover arrangement to satisfy tax withholding obligations from recently vested restricted stock units.
What is the role of RSUs in the Hyperfine (HYPR) COO’s Form 4 transaction?
The sale is linked to restricted stock units granted on March 31, 2025. When those RSUs vested, taxes became due, and the company’s RSU agreement allowed a sell-to-cover transaction, where a portion of shares is sold to satisfy the associated tax withholding obligations.
Does the Hyperfine (HYPR) Form 4 indicate a trading plan or discretionary selling?
The filing explains the sale followed a “sell to cover” provision within the RSU agreement, tied to tax withholding on vesting. This suggests the transaction is mechanistic and compensation-related rather than a discretionary decision to reduce his overall equity exposure.