SCHEDULE: Hinge Health Co-Founder Boosts 28.2% Stake

Daniel Antonio Perez, co-founder of Hinge Health, Inc., has reported beneficial ownership of 28.2% of the company's Class A Common Stock as of June 30, 2025.

Summary

• Daniel Antonio Perez, a co-founder of Hinge Health, Inc., reported beneficial ownership of 10,551,700 shares of Class A Common Stock.
• This represents 28.2% of the total Class A Common Stock outstanding.
• The ownership calculation is based on 26,905,214 shares of Class A Common Stock outstanding as of June 30, 2025.
• Beneficial ownership includes 10,000,525 shares of Class A Common Stock underlying Class B Common Stock held by Mr. Perez.
• It also includes 515,705 shares of Class A Common Stock underlying Class B Common Stock held of record by Mr. Perez's spouse.
• Additionally, 35,470 shares of Class A Common Stock underlying stock options exercisable within 60 days by Mr. Perez's spouse are included.
• Mr. Perez holds sole voting and dispositive power over 10,000,525 shares.
• Shared voting and dispositive power is held over 551,175 shares.

Sentiment

Score: 7

Explanation: The filing indicates a significant and stable insider ownership stake by a co-founder, which generally signals strong confidence in the company's long-term prospects. While it's a factual disclosure without performance metrics, the high percentage of ownership is a positive indicator of alignment.

Positives

• Significant insider ownership by a co-founder, indicating strong confidence in the company's future.
• High percentage of ownership (28.2%) suggests alignment of interests between management and shareholders.

Risks

• Concentrated ownership by a single individual or group could potentially influence corporate decisions disproportionately.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Hinge Health's future performance or strategic direction.

Industry Context

Hinge Health operates in the rapidly growing digital musculoskeletal (MSK) health sector, providing virtual physical therapy and chronic pain management solutions. Significant insider ownership, as reported, can signal strong conviction in the company's long-term prospects within this competitive and evolving industry.

Stakeholder Impact

• Shareholders: Increased confidence due to significant insider stake, potentially signaling long-term commitment and alignment of interests.
• Employees: May perceive stability and strong leadership commitment.

Key Dates

Recommendation

This Schedule 13G filing primarily discloses a significant beneficial ownership stake by a co-founder. While a large insider stake can be a positive signal of confidence and alignment, this filing alone does not provide sufficient financial or operational details to warrant a 'buy' or 'sell' recommendation. It confirms strong insider commitment, which supports a 'hold' position for existing investors, but further analysis of financial performance and market conditions is required for a more definitive investment decision.

Keywords

Hinge Health, Daniel Antonio Perez, SEC filing, Schedule 13G, beneficial ownership, Class A Common Stock, insider ownership, healthcare technology, digital health