Hyperfine (NASDAQ: HYPR) CFO sells shares to cover RSU tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hyperfine, Inc.’s CFO and CAO Brett Hale 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, these shares were sold to cover tax withholding obligations tied to the vesting of restricted stock units granted on March 31, 2025.
After the transaction, Hale directly holds 599,765 shares of Hyperfine common stock. The filing notes the actual sale prices ranged from $1.63 to $1.715 per share, with detailed breakdowns available on request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,047 shares ($9,978)
Net Sell
1 txn
Insider
HALE BRETT
Role
CFO and CAO
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 — 599,765 shares (Direct, null)
Footnotes (1)
- The sales reported in ths Form 4 were effected to cover tax witholding obligations in connection with the vesting of restricted stock units ("RSUs") that were granted on March 31, 2025 pursuant to a "sell to over" 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
Weighted average sale price: $1.65 per share
Post-transaction holdings: 599,765 shares
+2 more
5 metrics
Shares sold
6,047 shares
Open-market sale to cover RSU tax withholding
Weighted average sale price
$1.65 per share
Price for 6,047 Hyperfine Class A shares sold
Post-transaction holdings
599,765 shares
Direct Hyperfine Class A shares held by Brett Hale after sale
Sale price range
$1.63–$1.715 per share
Range of prices at which the 6,047 shares were sold
Net shares sold
6,047 shares
Net selling activity in this Form 4
Key Terms
restricted stock units, sell to over, weighted average sales price per share, tax witholding obligations
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units ("RSUs") that were granted on March 31, 2025"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sell to over financial
"pursuant to a "sell to over" provision included in the RSU agreement"
tax witholding obligations financial
"effected to cover tax witholding obligations in connection with the vesting of restricted stock units"
FAQ
What insider transaction did Hyperfine (HYPR) report for Brett Hale?
Hyperfine reported that CFO and CAO Brett Hale sold 6,047 shares of Class A common stock. The sale was executed to cover tax withholding obligations arising from recently vested restricted stock units granted on March 31, 2025.