Budge James 4
4 · Hinge Health, Inc. · Filed May 27, 2026
Research Summary
AI-generated summary of this filing
Hinge Health (HNGE) CFO James Budge Sells Shares
What Happened
James Budge, Chief Financial Officer of Hinge Health (HNGE), sold a total of 5,907 shares in three open‑market transactions on May 26, 2026, generating about $317,757 in proceeds. The individual sales were: 3,507 shares at a weighted average price of $53.32 ($187,006), 2,100 shares at $54.37 ($114,184), and 300 shares at $55.22 (~$16,567). These were sales (not purchases), which are often routine insider liquidity events.
Key Details
- Transaction date: 2026-05-26; Form 4 filed 2026-05-27 (timely filing).
- Shares sold: 3,507 @ $53.32 (weighted avg; range $52.88–$53.85), 2,100 @ $54.37 (range $53.88–$54.86), 300 @ $55.22 (range $55.05–$55.36).
- Total shares sold: 5,907; total proceeds: ≈ $317,757.
- Footnote: Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted June 12, 2025. Reporting person will provide breakdown of quantities at each price within the ranges upon request.
- Shares owned after the transaction: not disclosed in the filing.
Context
These were open‑market sales under a prearranged 10b5‑1 plan, a common mechanism executives use to sell shares on a set schedule. Such sales are generally viewed as liquidity management rather than a directional signal about company prospects; purchases tend to be more informative about insider conviction.
Insider Transaction Report
- Sale
Class A Common Stock
[F1][F2]2026-05-26$53.32/sh−3,507$187,006→ 447,786 total - Sale
Class A Common Stock
[F1][F3]2026-05-26$54.37/sh−2,100$114,184→ 445,686 total - Sale
Class A Common Stock
[F1][F4]2026-05-26$55.22/sh−300$16,567→ 445,386 total
Footnotes (4)
- [F1]The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 12, 2025.
- [F2]Represents the weighted average sale price. The lowest price at which shares were sold was $52.88 and the highest price at which shares were sold was $53.85. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- [F3]Represents the weighted average sale price. The lowest price at which shares were sold was $53.88 and the highest price at which shares were sold was $54.86. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
- [F4]Represents the weighted average sale price. The lowest price at which shares were sold was $55.05 and the highest price at which shares were sold was $55.36. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.