Pursley James 4
Research Summary
AI-generated summary
Hinge Health (HNGE) President James Pursley Surrenders 1,429 Shares
What Happened
James Pursley, President of Hinge Health, relinquished 1,429 shares on 2026-02-01 at $34.90 per share, for a total value of $49,872. This was a disposition to satisfy tax withholding obligations arising from the vesting of restricted stock units (RSUs); the shares were relinquished and cancelled by the issuer rather than sold on the open market.
Key Details
- Transaction date: 2026-02-01; filed on Form 4 on 2026-02-03 (appears timely).
- Price: $34.90 per share; Total value: $49,872.
- Transaction code: F — payment of exercise price or tax liability by delivering/withholding securities.
- Footnote: Exempt under Section 16b-3(e); shares were relinquished and cancelled in exchange for the issuer agreeing to pay federal and state tax withholding obligations resulting from RSU vesting (see F1).
- Shares owned after the transaction: not disclosed in this Form 4.
Context
This was a routine tax-withholding action tied to RSU vesting (effectively a "sell-to-cover" or cancellation to satisfy withholding), not an open-market sale. Such transactions are common and do not, by themselves, reliably indicate the insider’s view of the company’s prospects.