Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-04-17

Hinge Health (HNGE)

CEO Daniel Perez was paid $45,812,139 in fiscal year 2025, ↑ up 8905.2% from fiscal year 2024 (SEC filing 0001628280-26-025602 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$45,812,139 ↑
Daniel Perez total, FY2025
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CEO pay percentile vs peers
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CEO-to-median pay ratio
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HNGE's next annual pay disclosure, estimated April 17, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Daniel Perez$500,000$0$45,305,139$0$0$0$7,000$45,812,139
Chief Executive Officer, Co-Founder, and Director
Jim Pursley500,00003,167,81300023,9933,691,806
President
James Budge416,66703,004,31300027,9853,448,965
Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Daniel Perez$45,812,139$508,728—↑ +45,303,411
Jim Pursley3,691,8062,808,438—↑ +883,368
James Budge3,448,9653,117,453—↑ +331,512

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Ben BlumeIndependent Director—
Elliott RobinsonIndependent Director—
Gabriel MecklenburgDirector$500,000
Kristina LeslieLead Independent Director$45,833
Teddie WardiIndependent Director—
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
James BudgeRSU———91,875——
Jim PursleyRSU———96,875——
Daniel PerezPRSU———1,888,501——
James BudgeRSU———12,500—353,250
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
James Budge$353,250$0$00.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
James BudgeRSU5,625—$261,281
James BudgeRSU42,188—1,959,633
Jim PursleyRSU5,625—261,281
Daniel PerezPSU1,888,501—87,720,871
Daniel PerezPSU944,250—43,860,413
James BudgeRSU157,813—7,330,414
Jim PursleyRSU87,794—4,078,031
James BudgeRSU83,262—3,867,520
Jim PursleyRSU42,188—1,959,633
Jim PursleyRSU28,125—1,306,406
Jim PursleyRSU4,063—188,726
05

Incentive-plan design — the Compensation Discussion & Analysis

The company aims to attract and retain top talent by providing competitive compensation packages that align executive interests with long-term stockholder value.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantCompensia
Clawback policytrue
Anti-hedgingtrue
Anti-pledging—
07

CEO pay ratio

Ratio (CEO : median employee)—
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Gabriel MecklenburgEmployee director$0$0——$500,000$500,000
Kristina LeslieIndependent · Lead Independent Director · Audit (Chair) · Compensation · Executive (Chair) · Nominating and Corporate Governance45,83300—045,833
Daniel PerezEmployee director—————0
Teddie WardiIndependent · Audit · Compensation · Nominating and Corporate Governance00——00
Ben BlumeIndependent000—00
Elliott RobinsonIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair)000—00
Tyler SloatIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance · Newly elected——————
09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer$200,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$45,833
Equity awards (grant-date value)$0
All other compensation$500,000
Total cost of the board$545,833

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Hinge Health2025Daniel Perez$500,000$45,305,139$0$0$45,812,139

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10d

Frequently asked questions

Who was the highest-paid executive at Hinge Health in fiscal 2025?
As disclosed, Daniel Perez (Chief Executive Officer, Co-Founder, and Director) was the highest-paid executive at Hinge Health in fiscal 2025, with total compensation of $45,812,139.
How much does Hinge Health spend in total on board compensation for fiscal 2025?
As disclosed, Hinge Health reported total board compensation of $545,833 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Daniel PerezDEF 14A2026-04-170001628280-26-025602Section “Summary Compensation Table” · page 21. As printed: 45,812,139. Filing ↗machine: span 296115–296125
2Section 01, Jim PursleyDEF 14A2026-04-170001628280-26-025602Section “Summary Compensation Table” · page 21. As printed: 3,691,806. Filing ↗machine: span 308944–308953
3Section 01, James BudgeDEF 14A2026-04-170001628280-26-025602Section “Summary Compensation Table” · page 21. As printed: 3,448,965. Filing ↗machine: span 302500–302509
4Section 03, James Budge RSUDEF 14A2026-04-170001628280-26-025602Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 320699–320705
5Section 03, Jim Pursley RSUDEF 14A2026-04-170001628280-26-025602Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 320741–320747
6Section 03, Daniel Perez PRSUDEF 14A2026-04-170001628280-26-025602Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
7Section 03, James Budge RSUDEF 14A2026-04-170001628280-26-025602Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 315964–315972
8Section 07, pay ratio10-K2026-03-030001628280-26-013808Section “CEO Pay Ratio”. As printed: —. Filing ↗
9Section 08, Gabriel MecklenburgDEF 14A2026-04-170001628280-26-025602Section “Director Compensation”. As printed: 500,000. Filing ↗machine: span 227075–227201
10Section 08, Kristina LeslieDEF 14A2026-04-170001628280-26-025602Section “Director Compensation”. As printed: 45,833. Filing ↗machine: span 217478–217603
11Section 08, Daniel PerezDEF 14A2026-04-170001628280-26-025602Section “Director Compensation”. As printed: 0. Filing ↗
12Section 08, Teddie WardiDEF 14A2026-04-170001628280-26-025602Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, Ben BlumeDEF 14A2026-04-170001628280-26-025602Section “Director Compensation”. As printed: 0. Filing ↗
14Section 08, Elliott RobinsonDEF 14A2026-04-170001628280-26-025602Section “Director Compensation”. As printed: 0. Filing ↗
15Section 08, Tyler SloatDEF 14A2026-04-170001628280-26-025602Section “Director Compensation”. As printed: —. Filing ↗
16Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
17Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
18Section 09b board cost (computed)Computed——Cash 45,833 + equity 0 + all other 500,000 = 545,833, summed across the director compensation table rows.machine: formula: Σ = 545,833
19Hinge Health (subject), Section 10b CEO totalDEF 14A2026-04-170001628280-26-025602CEO total compensation as printed in Hinge Health's own proxy. As printed: 45,812,139. Filing ↗machine: span 296115–296125

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