Atomico Advisors IV, Ltd. - 23 May 2025 Form 4 Insider Report for Hinge Health, Inc. (HNGE)

Reporting relationship: 10%+ Owner
Issuer ticker: HNGE
Reported as of: 23 May 2025
Net transaction value: -$84,835,296
SEC form: 4
Accepted by SEC: 27 May 2025, 18:38:12 UTC
Prior SEC filing: 21 May 2025
Source filing: View source filing
Reporting owner signature: Atomico Advisors IV, Ltd., By: /s/ Claris Ruwende

Key filing fact

Atomico Advisors IV, Ltd. filed Form 4 for Hinge Health, Inc. (HNGE) on 27 May 2025.

Key facts

This page summarizes Atomico Advisors IV, Ltd.'s Form 4 filing for Hinge Health, Inc. (HNGE).
9 reported transactions and 7 derivative rows are listed below.
Accepted by SEC: 27 May 2025, 18:38.

Change

Previous filing in this sequence was filed on 21 May 2025.
Current net transaction value: -$84,835,296.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (3)

CIK 0002069654 Primary reporting owner

Atomico Advisors IV, Ltd.

Relationship: 10%+ Owner
Address: ONE CAPITAL PLACE, GRAND CAYMAN, CAYMAN ISLANDS
Signature: Atomico Advisors IV, Ltd., By: /s/ Claris Ruwende
Signature date: 27 May 2025

CIK 0001652865

Atomico IV, L.P.

Relationship: 10%+ Owner
Address: ONE CAPITAL PLACE, GRAND CAYMAN, CAYMAN ISLANDS
Signature: Atomico IV L.P., By: /s/ Claris Ruwende
Signature date: 27 May 2025

CIK 0002067737

Atomico IV (Guernsey), L.P.

Relationship: 10%+ Owner
Address: PO BOX 286, FLOOR 2 TRAFALGAR COURT, LES BANQUES, ST PETER PORT, GUERNSEY
Signature: Atomico IV (Guernsey), L.P., By: /s/ Claris Ruwende
Signature date: 27 May 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HNGE transaction

Class A Common Stock

Conversion of derivative security

Transaction value
Shares: +2,651,103
Change %
Price
Shares after: 2,651,103
Date: 23 May 2025
Ownership: See footnotes
Footnotes: F1, F2, F3

HNGE transaction

Class A Common Stock

Sale

Transaction value: $84,835,296
Shares: -2,651,103
Change %: -100%
Price: $32.00
Shares after: 0
Date: 23 May 2025
Ownership: See footnotes
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HNGE transaction Derivative

Series A-2 Preferred Stock

Other

Transaction value
Shares: -4,830,917
Change %: -100%
Price
Shares after: 0
Date: 23 May 2025
Ownership: See footnotes
Underlying class: Class B Common Stock
Underlying amount: 4,830,917
Exercise price
Footnotes: F1, F2, F3

HNGE transaction Derivative

Series B Preferred Stock

Other

Transaction value
Shares: -2,245,545
Change %: -100%
Price
Shares after: 0
Date: 23 May 2025
Ownership: See footnotes
Underlying class: Class B Common Stock
Underlying amount: 2,245,545
Exercise price
Footnotes: F1, F2, F3

HNGE transaction Derivative

Series C Preferred Stock

Other

Transaction value
Shares: -1,175,333
Change %: -100%
Price
Shares after: 0
Date: 23 May 2025
Ownership: See footnotes
Underlying class: Class B Common Stock
Underlying amount: 1,175,333
Exercise price
Footnotes: F1, F2, F3

HNGE transaction Derivative

Series C-1 Preferred Stock

Other

Transaction value
Shares: -602,298
Change %: -100%
Price
Shares after: 0
Date: 23 May 2025
Ownership: See footnotes
Underlying class: Class B Common Stock
Underlying amount: 602,298
Exercise price
Footnotes: F1, F2, F3

HNGE transaction Derivative

Series D Preferred Stock

Other

Transaction value
Shares: -510,073
Change %: -100%
Price
Shares after: 0
Date: 23 May 2025
Ownership: See footnotes
Underlying class: Class B Common Stock
Underlying amount: 510,073
Exercise price
Footnotes: F1, F2, F3

HNGE transaction Derivative

Class B Common Stock

Other

Transaction value
Shares: +9,364,166
Change %
Price
Shares after: 9,364,166
Date: 23 May 2025
Ownership: See footnotes
Underlying class: Class A Common Stock
Underlying amount: 9,364,166
Exercise price
Footnotes: F1, F2, F3

HNGE transaction Derivative

Class B Common Stock

Conversion of derivative security

Transaction value
Shares: -2,651,103
Change %: -28%
Price
Shares after: 6,713,063
Date: 23 May 2025
Ownership: See footnotes
Underlying class: Class A Common Stock
Underlying amount: 2,651,103
Exercise price
Footnotes: F1, F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Immediately prior to the closing of the Issuer's initial public offering, each share of preferred stock of the Issuer, except for the Series E Preferred Stock, automatically converted and was reclassified into one share of Class B Common Stock. Each share of Class B Common Stock will be 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.

Footnote F2

Atomico Advisors IV, Ltd. is the general partner of Atomico IV L.P. ("Atomico IV") and Atomico IV (Guernsey), L.P. ("Atomico IV (Guernsey)"). As a result, Atomico Advisors IV, Ltd. may be deemed to have beneficial ownership of the shares held by each of Atomico IV and Atomico IV (Guernsey).

Footnote F3

Following the transactions reported in this Form 4, the Reporting Persons beneficially own (i) 5,476,823 shares of Class B Common Stock held by Atomico IV and (ii) 1,236,240 shares of Class B Common Stock held by Atomico IV (Guernsey).