Insight Holdings Group, LLC - 01 Dec 2025 Form 4 Insider Report for Hinge Health, Inc. (HNGE)

Role
10%+ Owner
Signature
Insight Venture Partners X, L.P., By: Insight Venture Associates X, L.P., its general partner, By: Insight Venture Associates X, Ltd., its general partner, By: /s/ Andrew Prodromos/Authorized Officer
Issuer symbol
HNGE
Transactions as of
01 Dec 2025
Net transactions value
-$79,016,054
Form type
4
Filing time
03 Dec 2025, 21:20:13 UTC
Previous filing
05 Aug 2025

Reporting Owners (7)

Name Relationship Address Signature Signature date CIK
Insight Holdings Group, LLC 10%+ Owner C/O INSIGHT PARTNERS, 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK Insight Venture Partners X, L.P., By: Insight Venture Associates X, L.P., its general partner, By: Insight Venture Associates X, Ltd., its general partner, By: /s/ Andrew Prodromos/Authorized Officer 03 Dec 2025 0001305473
Insight Venture Associates X, L.P. 10%+ Owner C/O INSIGHT PARTNERS, 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK Insight Venture Partners (Cayman) X, L.P., By: Insight Venture Associates X, L.P., its general partner, By: Insight Venture Associates X, Ltd., its general partner, By: /s/ Andrew Prodromos/Authorized Officer 03 Dec 2025 0001844845
Insight Venture Associates X, Ltd. 10%+ Owner C/O INSIGHT PARTNERS, 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK Insight Venture Partners (Delaware) X, L.P., By: Insight Venture Associates X, L.P., its general partner, By: Insight Venture Associates X, Ltd., its general partner, By: /s/ Andrew Prodromos/Authorized Officer 03 Dec 2025 0001803240
Insight Venture Partners (Cayman) X, L.P. 10%+ Owner C/O INSIGHT PARTNERS, 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK Insight Venture Partners X (Co-Investors), L.P., By: Insight Venture Associates X, L.P., its general partner, By: Insight Venture Associates X, Ltd., its general partner, By: /s/ Andrew Prodromos/Authorized Officer 03 Dec 2025 0001710860
Insight Venture Partners (Delaware) X, L.P. 10%+ Owner C/O INSIGHT PARTNERS, 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK Insight Holdings Group, LLC, By: /s/ Andrew Prodromos/Attorney-in-Fact 03 Dec 2025 0001710835
Insight Venture Partners X (Co-Investors), L.P. 10%+ Owner C/O INSIGHT PARTNERS, 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK Insight Venture Associates X Ltd., By: /s/ Andrew Prodromos/Authorized Officer 03 Dec 2025 0001710834
Insight Venture Partners X, L.P. 10%+ Owner C/O INSIGHT PARTNERS, 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK Insight Venture Associates X, L.P., By: Insight Venture Associates X, Ltd., its general partner, By: /s/ Andrew Prodromos/Authorized Officer 03 Dec 2025 0001710959

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HNGE Class A Common Stock Conversion of derivative security +826,216 826,216 01 Dec 2025 See footnotes F1, F6, F7, F8
transaction HNGE Class A Common Stock Conversion of derivative security +19,659 19,659 01 Dec 2025 See footnotes F2, F6, F7, F8
transaction HNGE Class A Common Stock Conversion of derivative security +677,508 677,508 01 Dec 2025 See footnotes F3, F6, F7, F8
transaction HNGE Class A Common Stock Conversion of derivative security +131,057 131,057 01 Dec 2025 See footnotes F4, F6, F7, F8
transaction HNGE Class A Common Stock Sale $39,460,076 -826,216 -100% $47.76 0 01 Dec 2025 See footnotes F1, F6, F7
transaction HNGE Class A Common Stock Sale $938,914 -19,659 -100% $47.76 0 01 Dec 2025 See footnotes F2, F6, F7
transaction HNGE Class A Common Stock Sale $32,357,782 -677,508 -100% $47.76 0 01 Dec 2025 See footnotes F3, F6, F7
transaction HNGE Class A Common Stock Sale $6,259,282 -131,057 -100% $47.76 0 01 Dec 2025 See footnotes F4, F6, F7

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HNGE Class B Common Stock Conversion of derivative security -826,216 -15% 4,681,897 01 Dec 2025 Class A Common Stock 826,216 See footnotes F1, F5, F6, F7, F8
transaction HNGE Class B Common Stock Conversion of derivative security -19,659 -15% 111,398 01 Dec 2025 Class A Common Stock 19,659 See footnotes F2, F5, F6, F7, F8
transaction HNGE Class B Common Stock Conversion of derivative security -677,508 -15% 3,839,211 01 Dec 2025 Class A Common Stock 677,508 See footnotes F3, F5, F6, F7, F8
transaction HNGE Class B Common Stock Conversion of derivative security -131,057 -15% 742,658 01 Dec 2025 Class A Common Stock 131,057 See footnotes F4, F5, F6, F7, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held directly by Insight Venture Partners X, L.P.
F2 Held directly by Insight Venture Partners X (Co-Investors), L.P.
F3 Held directly by Insight Venture Partners (Cayman) X, L.P.
F4 Held directly by Insight Venture Partners (Delaware) X, L.P.
F5 Each share of Class B Common Stock is convertible at any time at the option of the holder into one share of Class A Common Stock. The Class B Common Stock will automatically convert into shares of Class A Common Stock upon the occurrence of certain events as described further in the Issuer's amended and restated certificate of incorporation.
F6 Insight Holdings Group, LLC ("Holdings") is the sole shareholder of Insight Venture Associates X, Ltd. ("IVA X Ltd"), which is the general partner of Insight Venture Associates X, L.P. ("IVA X"), which is the general partner of each of Insight Venture Partners X, L.P. ("IVP X"), Insight Venture Partners (Cayman) X, L.P. ("IVP Cayman X"), Insight Venture Partners (Delaware) X, L.P. ("IVP Delaware X") and Insight Venture Partners X (Co-Investors), L.P. ("IVP X Co-Investors," collectively with IVP X, IVP Cayman X and IVP Delaware X, the "IVP X Funds") (the IVP X Funds, collectively with Holdings, IVA X Ltd and IVA X, the "Insight Entities"). As a result, the amounts owned by each of the IVP X Funds may be deemed attributable to each of the other Insight Entities.
F7 Each of Jeffrey L. Horing, Deven Parekh, Jeffrey Lieberman and Michael Triplett is a member of the board of managers of Holdings and may be deemed to have shared voting and dispositive power over the shares held of record by the IVP X Funds. The foregoing is not an admission by any other Insight Entity that it is the beneficial owner of the shares held of record by the IVP X Funds. Each of the other Insight Entities, Messrs. Horing, Parekh, Lieberman and Triplett disclaims beneficial ownership of the shares held of record by the IVP X Funds, except to the extent of its/his pecuniary interest therein.
F8 On December 1, 2025, the reporting persons converted each share of Class B Common Stock into one share of Class A Common Stock. The Class B Common Stock was convertible into shares of Class A Common Stock upon the occurrence of certain events as described further in the Issuer's amended and restated certificate of incorporation.