Sales are small relative to market cap and lack C-suite involvement — likely routine portfolio diversification. Monitor next insider filing for any acceleration in selling volume or C-suite participation.
Price Chart
Executive Summary
Two Hinge Health insiders (President James Pursley and Director Gabriel Mecklenburg) sold a combined $2.37M of stock in an open-market cluster over a one-week window. At a ~$3.5B market cap (implied by ~37.5M shares × ~$93), the sales represent ~0.07% of market cap — below the 0.1% materiality threshold. The sales are small relative to company size and lack a 10b5-1 plan indication, but the dollar amount is modest and the cluster is not concentrated in C-suite executives (President is senior but not CEO/CFO).
Key Financial Metrics
Key Facts
- President James Pursley sold 9.1K shares at $93.37 for $846K on 2026-09-21
- Director Gabriel Mecklenburg sold 16.5K shares at $91.92 for $1.52M on 2026-09-14
- Total insider sales of $2.37M represent ~0.07% of implied market cap
- No 10b5-1 plan indication provided; sales are open-market (code S)
- No C-suite (CEO/CFO) involvement; President and Director are senior but not top executives
Financial Impact
Total insider sales of $2.37M, approximately 0.07% of market cap
Risk Factors
- Insider selling could indicate lack of confidence if it escalates in size or frequency
- No 10b5-1 plan disclosed — sales may be opportunistic if not pre-planned
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-HNGE-1790197727022 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | Institutional Cluster | $112.00 | awaiting T+20 | — | $111.71 (−0.26%) |
Oct 13, 2026 13d ago | Insider Cluster | $105.00 | awaiting T+20 | — | $111.71 (−6.39%) |
Oct 13, 2026 13d ago | 144 | $105.14 | awaiting T+20 | — | $111.71 (+6.25%) |
Oct 6, 2026 20d ago | 144 | $97.86 | awaiting T+20 | — | $111.71 (−14.15%) |
Sep 23, 2026 4w ago | Insider Cluster | $91.98 $109.93 | ▲ +19.52% | ▲ +19.93% | $111.71 (+21.45%) |
Sep 15, 2026 5w ago | Insider Cluster | $93.73 $105.00 | ▼ −12.02% | ▼ −9.96% | $111.71 (−19.18%) |
Sep 15, 2026 5w ago | Insider Cluster | $93.73 $104.82 | ▲ +11.83% | ▲ +8.39% | $111.71 (+19.18%) |
Sep 14, 2026 6w ago | Insider Cluster | $92.39 $105.14 | ▲ +13.80% | ▲ +10.82% | $111.71 (+20.91%) |
Sep 11, 2026 6w ago | Insider Cluster | $94.79 $104.82 | ▼ −10.58% | ▼ −8.32% | $111.71 (−17.85%) |
Sep 1, 2026 7w ago | 144 | $91.85 $97.94 | ▲ +6.63% | ▲ +6.78% | $111.71 (+21.62%) |
US Market Status
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