Budge James 4
4 · Hinge Health, Inc. · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Hinge Health CFO Budge James Sells 7,699 Shares
What Happened
Budge James, Chief Financial Officer of Hinge Health (HNGE), relinquished 7,699 shares on March 1, 2026. The shares were reported disposed at $42.76 per share for a reported total of $329,209. This was not an open-market sale for cash gain but a tax-withholding transaction related to vested equity.
Key Details
- Transaction date and price: Mar 1, 2026 — 7,699 shares at $42.76 each (total reported $329,209).
- Transaction type/code: F — payment of tax withholding by delivering/withholding securities.
- Footnote: The shares were relinquished and cancelled in exchange for the issuer's agreement to pay federal and state tax withholding obligations arising from the vesting of restricted stock units (per Section 16b-3(e)).
- Shares owned after transaction: Not specified in the supplied details — see the Form 4 for total holdings.
- Filing timeliness: Form 4 was filed Mar 3, 2026 for the Mar 1 transaction (appears timely under the 2-business-day rule).
Context
This was a routine tax-withholding action tied to RSU vesting (often called a "sell-to-cover" or shares withheld/cancelled for taxes), not an indication of a discretionary sale in the open market. Such transactions are common when restricted stock units vest and the company covers withholding tax obligations by canceling or withholding shares.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-03-01$42.76/sh−7,699$329,209→ 412,433 total
Footnotes (1)
- [F1]Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units.