Budge James 4
Research Summary
AI-generated summary
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.