Perez Daniel Antonio 4

4 · Hinge Health, Inc. · Filed May 8, 2026

AI-generated summary of this filing

Updated May 8, 2026

Hinge Health (HNGE) 10% Owner Daniel Perez Sells $8.26M in Stock

What Happened

Daniel Antonio Perez, a reported 10% owner of Hinge Health (HNGE), converted Class B common shares into Class A common shares and sold a total of 150,000 shares in open‑market transactions. On 2026-05-06 he converted and sold 104,544 shares (weighted avg sale price $55.09) for $5,759,162; on 2026-05-07 he converted and sold 45,456 shares (weighted avg sale price $55.05) for $2,502,366. Total proceeds were approximately $8,261,528. The sales were effected under a pre-existing Rule 10b5‑1 trading plan.

Key Details

Transaction dates: 2026-05-06 (104,544 shares; Wtd avg $55.09; total $5,759,162) and 2026-05-07 (45,456 shares; Wtd avg $55.05; total $2,502,366).
Price ranges: 5/6 sales ranged $55.00–$55.60; 5/7 sales ranged $55.00–$55.16 (per filing footnotes).
Conversions: Class B → Class A conversions were recorded (each Class B converts 1:1 into Class A per the certificate of incorporation).
Filing/timeliness: Form 4 was filed 2026-05-08 for trades on 5/06 and 5/07 — the filing appears timely.
Shares owned after transaction: the filing provided no net post‑trade total; it notes 4,721,252 performance stock units are excluded from the reported holdings.
Plan note: Sales were made pursuant to a Rule 10b5‑1 trading plan adopted by Perez and his spouse on September 11, 2025.

Context

These transactions represent planned disposition of shares by a large (10%) shareholder rather than an on‑the‑spot market sell; 10b5‑1 plans are pre-arranged and can limit inferences about the seller’s short‑term view of the company. The conversion entries reflect converting voting Class B shares into publicly tradable Class A shares before sale. Sales by insiders are common and, while noteworthy for size, do not alone indicate company performance.

Form 4

Period: 2026-05-06

DirectorCEO & Co-Founder10% Owner

Transactions

Conversion
Class A Common Stock
2026-05-06+104,544→ 140,014 total(indirect: By Spouse)
Sale
Class A Common Stock
[F1][F2]
2026-05-06$55.09/sh−104,544$5,759,162→ 35,470 total(indirect: By Spouse)
Conversion
Class A Common Stock
2026-05-07+45,456→ 80,926 total(indirect: By Spouse)
Sale
Class A Common Stock
[F1][F3]
2026-05-07$55.05/sh−45,456$2,502,366→ 35,470 total(indirect: By Spouse)
Conversion
Class B Common Stock
[F4]
2026-05-06−104,544→ 403,901 total(indirect: By Spouse)
→ Class A Common Stock (104,544 underlying)
Conversion
Class B Common Stock
[F4]
2026-05-07−45,426→ 358,445 total(indirect: By Spouse)
→ Class A Common Stock (45,426 underlying)

Holdings

Class B Common Stock
[F4][F5]
→ Class A Common Stock (9,488,845 underlying)
9,488,845

Footnotes (5)

[F1]The sales reported in this line item were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person and his spouse on September 11, 2025.
[F2]Represents the weighted average sale price. The lowest price at which shares were sold was $55.00 and the highest price at which shares were sold was $55.60. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
[F3]Represents the weighted average sale price. The lowest price at which shares were sold was $55.00 and the highest price at which shares were sold was $55.16. The Reporting Person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the Issuer or its stockholders, full information regarding the total number of shares sold at each separate price within the range set forth herein.
[F4]Each share of Class B Common Stock is convertible into one share of the lssuer's Class A Common Stock at any time, at the election of the holder or automatically upon certain transfers, whether or not for value, or upon the occurrence of certain events or conditions described in the Issuer's Amended and Restated Certificate of Incorporation.
[F5]Excludes 4,721,252 performance stock units held by the Reporting Person.

Signature

/s/ James Budge, Attorney-in-Fact|2026-05-08

1 file