TEISSEYRE THOMAS 4
Research Summary
AI-generated summary
Hyperfine (HYPR) COO Thomas Teisseyre Sells 6,047 Shares
What Happened
Thomas Teisseyre, Chief Operating Officer of Hyperfine, Inc. (HYPR), sold 6,047 shares on 2026-05-26 in a disposition transaction. The weighted average sale price was $1.65 per share for total proceeds of approximately $9,978. This sale was to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs), not an open-market investment decision.
Key Details
- Transaction date: 2026-05-26; Form 4 filed 2026-05-27 (filed the next day).
- Shares sold: 6,047; price range: $1.63–$1.715; weighted average price: $1.65; proceeds ≈ $9,978.
- Purpose: Sale effected to cover tax withholding on RSUs granted March 31, 2025 (a "sell to cover" provision).
- Shares owned after transaction: Not disclosed in the provided filing summary.
- Footnotes: F1 confirms sale was to cover RSU tax withholding; F2 notes the reported weighted-average price and provides the price range and availability of per-price breakdown on request.
- Transaction type: Sale (routine tax-withholding disposition), not coded as a purchase.
Context
"Sell-to-cover" transactions are common when RSUs vest and taxes are due; they do not necessarily signal the insider's view on the company's stock. The transaction value here is small (about $10k) relative to typical insider trades, and was explicitly for tax withholding.