Hinge Health (HNGE) Director Wardi Teddie Benjamin Acquires 4,637 Shares

What Happened
Wardi Teddie Benjamin, a director of Hinge Health, acquired 4,637 shares of the company's Class A common stock on August 10, 2026. The shares were received with no cash consideration (reported price $0.00), reflecting a non-market transfer rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-10; reported on Form 4 filed 2026-08-12 (appears timely).
• Transaction type/code: Other acquisition (code J).
• Shares acquired: 4,637 Class A common shares at $0.00 per share (total reported value $0).
• Beneficial ownership after transaction: Represents 4,637 shares held by Ingentorsk (Delaware) LLC; the reporting person controls Ingentorsk and may be deemed the beneficial owner under Rule 16a-1.
• Footnotes: (1) Shares were received pursuant to distributions by Insight Venture funds ("Insight Distributions"). (2) Ingentorsk acquired direct ownership of the 4,637 shares with no consideration paid; the reporting person controls Ingentorsk.
• Filing timeliness: Filed two days after the transaction date; no late-filing indication in the record provided.

Context
This was a non-market acquisition resulting from partner/distribution activity by Insight Venture entities and not an open-market buy. Such distributions transfer ownership but do not necessarily reflect the director's personal cash investment or trading intent.