Form 4: Hinge Health CEO Converts, Gifts Shares

Hinge Health CEO Daniel Antonio Perez converted Class B shares to Class A and subsequently gifted Class A shares, impacting indirect beneficial ownership.

Summary

• Daniel Antonio Perez, CEO & Co-Founder of Hinge Health, Inc., reported transactions on February 17, 2026.
• 7,260 shares of Class B Common Stock, indirectly held by spouse, were converted into 7,260 shares of Class A Common Stock.
• Following this conversion, the indirect beneficial ownership by spouse of Class A Common Stock was 42,730 shares.
• Subsequently, 7,260 shares of Class A Common Stock, indirectly held by spouse, were disposed of via a gift.
• After the gift, the indirect beneficial ownership by spouse of Class A Common Stock was 35,470 shares.
• The indirect beneficial ownership by spouse of Class B Common Stock decreased by 7,260 shares to 508,445 shares due to the conversion.
• Perez directly holds 9,488,845 shares of Class B Common Stock, which were not part of these reported transactions.
• All reported transactions occurred at a price of $0.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine insider transaction involving a conversion and a gift of shares, which does not inherently signal a change in company fundamentals or outlook.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not typically reflect broader industry trends unless they indicate a significant shift in insider sentiment (e.g., large-scale selling). This filing represents a routine change in beneficial ownership.

Related Party Transactions

• The disposition of 7,260 Class A Common Stock shares via a gift to a spouse constitutes a related party transaction.

Stakeholder Impact

• Minimal direct impact on shareholders, employees, customers, suppliers, or creditors, as this is a routine change in beneficial ownership for an insider and does not involve a cash sale.

Key Dates

Recommendation

This Form 4 details a conversion of Class B to Class A shares and a subsequent gift of Class A shares by the CEO. These are routine insider transactions that do not involve a cash sale and therefore do not provide a strong signal for a change in investment recommendation. The overall beneficial ownership structure remains largely consistent with the CEO's significant direct holdings.

Keywords

Hinge Health, HNGE, Daniel Antonio Perez, Insider Transaction, Form 4, Stock Conversion, Share Gift, CEO, Beneficial Ownership