Hinge Health, Inc.·4

May 4, 4:06 PM ET

Budge James 4

Research Summary

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Hinge Health (HNGE) CFO James Budge Surrenders 4,614 Shares

What Happened

  • James Budge, CFO of Hinge Health, reported relinquishing 4,614 shares on May 1, 2026 at $44.60 per share, totaling $205,784. This was not an open-market sale but a share surrender to satisfy tax withholding obligations related to the vesting of restricted stock units (RSUs).

Key Details

  • Transaction date and price: May 1, 2026 — 4,614 shares at $44.60 each (total ≈ $205,784).
  • Nature of transaction: Exempt tax-withholding transaction (code F) — shares were delivered/withheld and cancelled in exchange for the issuer agreeing to pay the Reporting Person’s federal and state tax withholding obligations (see footnote F1; Section 16b-3(e)).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Filing date: Form 4 filed May 4, 2026 reporting the May 1 transaction; the excerpt does not indicate a late filing.

Context

  • This is a routine tax-withholding action tied to RSU vesting (a common practice where companies accept or withhold shares to cover employee taxes). It differs from an open-market sale and does not necessarily reflect a change in the insider’s view of the company.