Hinge Health Backer Sold $38.4 Million in Stock After a 101% Run

Hinge Health’s backer sold $38.4 million in stock following a 101% rally, according to an SEC Form 4 filing. Insight Holdings Group reported selling 426,000 shares of Hinge Health, Inc. (HNGE) on July 7, 2026 and July 9, 2026, for a total value of $38.4 million. The weighted average sale price was $90.21 per share, while the post-transaction reference based on the July 9, 2026 closing price was $89.92. The sale resulted from a conversion-for-sale event tied to the exercise of 426,171 options, liquidated the same day on the open market. The filing shows its direct Class A common stock holdings fell to zero, though it retains derivative exposure. Hinge Health reported $646.3 million in trailing revenue, a net loss of $510.3 million, and a $6.8 billion market capitalization as of July 8, 2026.