Insight Holdings Group, LLC 4

What Happened
Insight Holdings Group, LLC (a 10% owner of Hinge Health, Inc. — HNGE) converted 1,466,667 derivative securities into common shares and sold those shares in multiple open‑market transactions on June 29, 2026. The sales totaled 1,466,667 shares at prices between $81.31 and $84.59 per share, producing approximately $121,489,331 in proceeds. The conversions are shown in the filing as Code C (conversion of a derivative), and the sales as Code S (open market dispositions).

Key Details

• Transaction dates: conversions dated 2026-06-25 and 2026-06-29; open‑market sales executed on 2026-06-29.
• Price range on sales: $81.31 – $84.59 per share.
• Shares converted and sold: 1,466,667 total (732,444 + 17,427 + 600,613 + 116,183).
• Total proceeds from sales: ~$121,489,331.
• Shares owned after the transactions: not specified in the provided rows of this filing.
• Footnotes: multiple references to Exhibit 99.1 (see filing).
• Filing notes: this is the second of two Form 4s filed for the same event (Form 4 split because EDGAR limits 30 rows in Table I). No late‑filing indication is shown in the provided data.
• Transaction codes: C = conversion of derivative security; S = sale (open market).

Context
A conversion (C) means Insight converted derivative securities (e.g., warrants, convertible instruments) into common stock, then sold those shares in the open market. As a 10% institutional owner rather than an individual executive, these transactions are likely liquidity or position‑management related; filings do not state motivations. The filing’s Exhibit 99.1 may provide additional legal or transactional details.