Hinge Health, Inc.·4

Mar 3, 5:25 PM ET

Budge James 4

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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.