Form 4: Hyperfine COO Sells Shares for Tax Withholding
Statement of Changes in Beneficial Ownership
Hyperfine, Inc. COO Thomas Teisseyre sold 6,047 shares of Class A Common Stock to cover tax withholding obligations related to vested RSUs.
Summary
- Thomas Teisseyre, Chief Operating Officer of Hyperfine, Inc., reported a transaction on May 26, 2026.
- He sold 6,047 shares of Class A Common Stock.
- The sale was executed at a weighted average price of $1.65 per share, with individual sales ranging from $1.63 to $1.715.
- These shares were sold to cover tax withholding obligations associated with the vesting of Restricted Stock Units (RSUs) granted on March 31, 2025.
- This transaction was conducted under a 'sell to cover' provision within the RSU agreement.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as the sale of shares by an insider was for a standard tax-related purpose and not indicative of a change in the insider's view of the company's prospects.
Negatives
- The COO sold a portion of his shares, reducing his direct beneficial ownership.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. The 'sell to cover' mechanism for RSU vesting is a common practice to manage tax liabilities without requiring the insider to fund the taxes out-of-pocket.
Stakeholder Impact
- Shareholders: The sale reduces the number of shares held directly by the COO, but it is a pre-planned transaction for tax purposes and does not necessarily signal a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date Restricted Stock Units (RSUs) were granted. |
| 05/26/2026 | Date of the reported stock sale transaction. |
| 05/27/2026 | Date of the signature on the Form 4 filing. |
Keywords
Form 4, SEC Filing, Insider Trading, Stock Sale, Tax Withholding, RSU Vesting, Hyperfine Inc., HYPR, Thomas Teisseyre, Class A Common Stock
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