Hinge Health (HNGE) CFO James Budge Surrenders 4,614 Shares for Tax Withholding

What Happened James Budge, Chief Financial Officer of Hinge Health (HNGE), relinquished/cancelled 4,614 shares on August 1, 2026 as a tax-withholding transaction related to the vesting of restricted stock units (RSUs). The shares were disposed at a reported per-share value of $74.71, for an aggregate value of $344,712. This was not an open-market sale but a withholding/cancellation to satisfy tax obligations.

Key Details

• Transaction date: 2026-08-01
• Transaction code: F (payment of exercise price or tax liability via delivery/withholding of securities)
• Shares involved: 4,614 shares
• Price reported: $74.71 per share
• Total value: $344,712 (reported aggregate)
• Shares owned after transaction: Not disclosed in the provided Form 4 excerpt
• Footnote: The shares were relinquished and cancelled in exchange for the issuer's agreement to pay federal and state tax withholding obligations arising from RSU vesting (Section 16b-3(e) exemption)
• Filing: Form 4 filed with accession 0001338176-26-000028 on 2026-08-04 (no late-filing flag provided in the summary)

Context This disposal was a routine tax-withholding action tied to RSU vesting rather than a market sale indicating sentiment. Transaction code F denotes withholding/cancellation to meet tax obligations; such transactions are common when equity awards vest and do not necessarily reflect the insider’s view of the company’s stock.