Budge James 4
4 · Hinge Health, Inc. · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Hinge Health (HNGE) CFO James Budge Surrenders 4,614 Shares
What Happened James Budge, Chief Financial Officer of Hinge Health (HNGE), relinquished/surrendered 4,614 shares on July 1, 2026. The shares were reported as disposed at $83.00 per share, for a total value of $382,962. This disposition was to satisfy federal and state tax withholding obligations arising from the vesting of restricted stock units (RSUs).
Key Details
- Transaction date: 2026-07-01; reported on Form 4 filed 2026-07-02 (timely).
- Disposition: 4,614 shares at $83.00 each; total value reported $382,962.
- Transaction code: F (payment of exercise price or tax liability via delivery/withholding of securities).
- Footnote: Exempt under Section 16b-3(e); the shares were relinquished and cancelled by the issuer in exchange for the company paying the reporting person’s tax withholding obligations.
- Shares owned after transaction: Not specified in the provided filing.
Context This was a tax-withholding/cashless-type disposition tied to RSU vesting, not an open-market sale or a purchase signal. Such withholding transactions are common and are generally administrative — they don’t necessarily indicate the insider’s view of the company’s prospects. The filing indicates the transaction is exempt under Section 16b-3(e), so it’s treated as a routine withholding event rather than a short-swing profit subject to Section 16(b) recovery.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-07-01$83.00/sh−4,614$382,962→ 430,786 total
Footnotes (1)
- [F1]Exempt transaction pursuant to Section 16b-3(e) - payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3. All of the shares reported as disposed of in this Form 4 were relinquished by the Reporting Person and cancelled by the Issuer in exchange for the Issuer's agreement to pay federal and state tax withholding obligations of the Reporting Person resulting from the vesting of restricted stock units.