Budge James 4

What Happened

• Budge James, Chief Financial Officer of Hinge Health (HNGE), relinquished 3,036 shares on Feb 1, 2026. The shares were reported disposed at $34.90 each, for a total value of $105,956. This disposition was to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs), not an open-market sale.

Key Details

• Transaction date and price: 2026-02-01, 3,036 shares at $34.90 each.
• Total value: $105,956 (3,036 × $34.90).
• Transaction code: F — payment of exercise price or tax liability via delivery/withholding of securities.
• Footnote: Exempt under Section 16b-3(e); the shares were relinquished and cancelled in exchange for the issuer agreeing to pay federal/state tax withholding related to RSU vesting.
• Shares owned after transaction: Not reported in the provided excerpt.
• Filing: Form 4 filed 2026-02-03; filing date appears timely for a Feb 1 transaction (no late filing indicated).

Context

• This was a routine tax-withholding transaction (a cashless surrender of vested RSUs) rather than a discretionary sale. Such transactions are common following vesting and generally reflect withholding mechanics, not a direct signal of insider sentiment. The Section 16b-3(e) exemption means the transfer is treated as incident to the award and not subject to short-swing profit recovery.