Budge James 4

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.