Hyperfine (HYPR) COO trims stake but still holds 671K shares
Rhea-AI Filing Summary
Hyperfine, Inc. (HYPR) reported that Chief Operating Officer Thomas Teisseyre sold 7,345 shares of Class A Common Stock on August 24, 2026 at a weighted average price of about $0.854 per share. The company states these sales were made solely to cover tax withholding obligations upon vesting of RSUs granted on March 31, 2025 under a "sell to cover" provision. Following this transaction, Teisseyre directly holds 671,256 shares of Hyperfine Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,345 shares
Net Sell
1 txn
Insider
TEISSEYRE THOMAS
Role
Chief Operating Officer
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 — 671,256 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 sales price: $0.854 per share
Sale price range: $0.854 to $0.868 per share
+1 more
4 metrics
Shares sold
7,345 shares
Class A Common Stock sold on August 24, 2026 to cover tax withholding
Weighted average sales price
$0.854 per share
Weighted average price for the reported sale transaction
Sale price range
$0.854 to $0.868 per share
Range of prices at which the reported shares were sold
Shares owned after transaction
671,256 shares
Direct holdings of Class A Common Stock by Thomas Teisseyre after the sale
Key Terms
restricted stock units, sell to cover, weighted average sales price, tax withholding obligations
4 terms
restricted stock units financial
"in connection with the vesting of restricted stock units ("RSUs")"
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 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.
weighted average sales price financial
"Represents the weighted average sales price per share."
tax withholding obligations financial
"effected to cover tax withholding obligations in connection with the vesting"
FAQ
What insider transaction did HYPR disclose for Thomas Teisseyre?
Hyperfine, Inc. disclosed that Chief Operating Officer Thomas Teisseyre sold 7,345 shares of Class A Common Stock on August 24, 2026 at a weighted average price of about $0.854 per share, in a sale reported as covering tax withholding obligations on vested RSUs.
Were the Hyperfine (HYPR) insider sales made under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as an affirmative plan transaction, and the footnotes describe the sales as occurring under a "sell to cover" provision to satisfy tax withholding on vested RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.