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Hims & Hers appoints Andrew Huberman to board

The agreements set annual cash fees of $3.5 million for advisory services and $5 million for podcast advertising, with optional video work up to $1 million yearly.

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Form Type
8-K

Rhea-AI Filing Summary

Hims & Hers Health, Inc. increased its board from nine to ten directors and appointed Dr. Andrew Huberman, effective November 4, 2026. The board determined he does not meet New York Stock Exchange independence requirements; he has no committee assignment and is not currently expected to join one. His annual director compensation includes a $50,000 cash retainer and a $250,000 equity award, prorated through the 2027 annual meeting.

On November 5, 2026, the company’s wholly owned subsidiary Hims entered a two-year advisory agreement with Dr. Huberman at an annual cash fee of $3.5 million; he may also elect to create short-form videos for paid advertising for up to an additional $1 million per year. Hims separately agreed to pay Scicomm Media LLC, co-founded and co-owned by Dr. Huberman, an annual cash fee of $5 million for podcast advertising for up to three years. Dr. Huberman’s interest in that agreement is approximately $2.1 million annually.

Filing Explained

The signed contracts limit Hims’ exit options: the two-year advisory agreement can end early only by mutual agreement or uncured material breach, while the podcast agreement cannot be ended for convenience before November 5, 2027.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Annual cash retainer $50,000 Dr. Andrew Huberman’s director compensation
Annual equity award value $250,000 Dr. Andrew Huberman’s director compensation, prorated through the 2027 annual meeting
Advisory agreement term 2 years Agreement between Hims and Dr. Andrew Huberman
Annual advisory fee $3.5 million Cash fee under the agreement between Hims and Dr. Andrew Huberman
Optional short-form video services Up to an additional $1 million per year Dr. Andrew Huberman may elect to create videos for paid advertising channels
Marketing agreement term Up to 3 years Podcast advertising services by Scicomm Media LLC
Annual podcast advertising fee $5 million Cash fee under the agreement between Hims and Scicomm Media LLC
Dr. Andrew Huberman’s annual interest in the Marketing Agreement Approximately $2.1 million His interest in the agreement with Scicomm Media LLC
annual equity award financial
"his annual equity award will have a value of $250,000"
prorated financial
"prorated for his period of service"
Prorated means dividing or allocating a quantity, cost, or benefit proportionally based on the amount of time or usage involved. For example, if a service fee is paid monthly but someone uses only part of the month, the fee is adjusted to reflect the actual time used. This ensures fairness by matching costs or benefits to the actual period or amount involved, which can impact how investors evaluate expenses, returns, or value.
uncured material breach regulatory
"or for uncured material breach"
indemnification agreement regulatory
"the Company’s standard form of indemnification agreement"
An indemnification agreement is a contract in which one party promises to cover losses, costs, or legal claims that another party might face, acting like a tailored safety net or private insurance policy. For investors, it matters because such agreements shift potential financial risk away from a company or its officers and onto the indemnifier, which can affect a company’s future liabilities, cash flow and how risky the investment appears during deal-making or litigation.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much will HIMS pay for the Huberman advisory and podcast marketing agreements?

Hims, Hims & Hers Health’s wholly owned subsidiary, agreed to an annual cash advisory fee of $3.5 million for Dr. Andrew Huberman and an annual cash fee of $5 million to Scicomm Media LLC for podcast advertising. Huberman may elect to create short-form videos for up to an additional $1 million per year.

When can the HIMS agreements with Andrew Huberman and Scicomm Media end?

The advisory agreement may end early only by mutual agreement or for uncured material breach. Either party may terminate the Marketing Agreement for convenience effective no earlier than November 5, 2027, or for uncured material breach.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
_____________________________________________________________________________________________________________________

FORM 8-K
_____________________________________________________________________________________________________________________

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 4, 2026
_____________________________________________________________________________________________________________________

HIMS & HERS HEALTH, INC.
(Exact name of registrant as specified in its charter)
_____________________________________________________________________________________________________________________

Delaware001-3898698-1482650
(State or other jurisdiction
of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
2269 Chestnut Street, #523
San Francisco, CA 94123
(Address of principal executive offices)
(415) 851-0195
(Registrant’s telephone number, including area code)
______________________________________________________________________________
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))






Securities registered pursuant to Section 12(b) of the Act:
Title of each classTrading symbolName of each exchange on which registered
Class A Common Stock, $0.0001 par valueHIMSNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐




Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 4, 2026, the board of directors (the “Board”) of Hims & Hers Health, Inc. (the “Company”) increased the size of the Board from nine to ten directors and appointed Dr. Andrew Huberman, 51, to fill the newly created directorship, effective immediately. Dr. Huberman will serve until the Company’s 2027 annual meeting of stockholders and until his successor is elected and qualified, or sooner in the event of his death, resignation or removal. The Board has determined that Dr. Huberman does not meet the requirements for independence under the applicable listing standards of the New York Stock Exchange. Dr. Huberman has not been appointed to any committee of the Board and is not currently expected to be appointed to any committee.

Dr. Huberman will be entitled to receive compensation as outlined in the “Director Compensation” section in the Company’s proxy statement filed with the Securities and Exchange Commission on April 28, 2026, except that Dr. Huberman’s annual cash retainer will be $50,000, and his annual equity award will have a value of $250,000, prorated for his period of service from his appointment through the Company’s 2027 annual meeting of stockholders, in each case in accordance with the Company’s director compensation program, as amended from time to time.

In addition, on November 5, 2026, Hims, Inc., a wholly-owned subsidiary of the Company (“Hims”), entered into a brand marketing and advisory agreement (the “Advisory Agreement”) with Dr. Huberman, pursuant to which he will provide certain scientific and brand marketing advisory services to Hims for a two-year period and will receive an annual advisory fee of $3,500,000 in cash. Pursuant to the Advisory Agreement, Dr. Huberman may also elect to create short-form videos for Hims’ paid advertising channels, for up to an additional $1,000,000 per year, separate from the podcast advertising services under the Marketing Agreement described below. The Advisory Agreement may be terminated early only by mutual agreement or for uncured material breach.

Also on November 5, 2026, Hims entered into a marketing services agreement (the “Marketing Agreement”) with Scicomm Media LLC (“Scicomm Media”), a media company co-founded and co-owned by Dr. Huberman, pursuant to which Scicomm Media will provide podcast advertising services to Hims for up to three years for an annual fee of $5,000,000 in cash. The approximate dollar value of Dr. Huberman’s interest in the Marketing Agreement is $2,100,000 annually. The Marketing Agreement may be terminated early by either party for convenience (effective no earlier than November 5, 2027) or for uncured material breach.

The foregoing descriptions of the Advisory Agreement and the Marketing Agreement do not purport to be complete and are qualified in their entirety by reference to the full text of the Advisory Agreement and the Marketing Agreement, each of which will be filed as an exhibit to the Company’s Form 10-K for the year ending December 31, 2026. Dr. Huberman will also enter into the Company’s standard form of indemnification agreement.

There are no arrangements or understandings between Dr. Huberman and any other persons pursuant to which he was elected as a member of the Company’s Board. There are no family relationships between Dr. Huberman and any director, executive officer, or any person nominated or chosen by the Company to become a director or executive officer. Other than the Advisory Agreement and the Marketing Agreement described above, Dr. Huberman is not a party to any current or proposed transaction with the Company or its subsidiaries for which disclosure is required under Item 404(a) of Regulation S-K.




SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

HIMS & HERS HEALTH, INC.
Date: November 9, 2026By:/s/ Andrew Dudum
Andrew Dudum
Chief Executive Officer


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