Budge James 4

What Happened James Budge, Chief Financial Officer of Hinge Health (HNGE), relinquished 9,986 shares on June 1, 2026. The shares were reported at $56.21 each, for a notional value of about $561,313. This was not an open‑market sale but a routine tax‑withholding transaction tied to the vesting of restricted stock units (RSUs).

Key Details

• Transaction date and price: 2026-06-01; 9,986 shares at $56.21 per share (total ≈ $561,313).
• Transaction code: F — payment of exercise price or tax liability via delivery/withholding of securities.
• Footnote: The shares were relinquished and cancelled by the issuer in exchange for the issuer's agreement to pay the reporting person’s federal and state tax withholding obligations resulting from RSU vesting (per Section 16b-3(e) exemption).
• Shares owned after the transaction: not disclosed in the provided Form 4 excerpt.
• Filing timeliness: Reported for the period ending 2026-06-01 (no late filing indicated in the supplied data).

Context This was a tax‑withholding/cancelled‑share transaction related to RSU vesting, not a market sale. Such transactions are common and typically reflect standard tax obligations rather than a deliberate insider market signal.