Hims & Hers (HIMS) CEO Andrew Dudum shifts insider HIMS holdings among family trusts
Rhea-AI Filing Summary
Hims & Hers Health, Inc. (HIMS) CEO Andrew Dudum, a director and more than 10% owner, reported changes in his Class A common stock holdings dated 11/28/2025. The filing shows internal transfers among his direct ownership and various family trusts, including a transfer of 712,500 shares from the Andrew Dudum 2015 Trust to his direct holdings and an annuity payment-in-kind of 115,996 shares from the AD 2022 GRAT 3 to that trust.
The report also discloses a gift of 1,078,549 shares from the AD 2022 GRAT 3 to the Dudum Legacy 2021 Trust, recorded at a price of $0 with transaction code "G" (gift). After these movements, Dudum continues to hold a significant stake in Hims & Hers through a combination of direct ownership and multiple family and GRAT trusts.
Positive
- None.
Negative
- None.
Insights
CEO Andrew Dudum restructured HIMS equity among personal and family trusts via non-cash transfers and gifts.
The disclosure shows Andrew Dudum, as director, CEO, and more than 10% owner, adjusting how his Hims & Hers Class A shares are held. Key movements include a transfer of 712,500 shares from the Andrew Dudum 2015 Trust into his direct holdings and an annuity payment-in-kind of 115,996 shares from the AD 2022 GRAT 3 to that trust. These are typical estate and tax planning tools that shift where shares sit without involving market purchases or sales.
The filing also records a gift of 1,078,549 shares from the AD 2022 GRAT 3 to the Dudum Legacy 2021 Trust at a reported price of $0, coded "G" for gift. After these transactions, Dudum remains a large beneficial owner with interests spread across several GRATs and family trusts. The overall pattern is consistent with personal wealth and estate structuring rather than a change in his general exposure to Hims & Hers.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Class A Common Stock | 1,078,549 | $0.00 | -- |
| Gift | Class A Common Stock | 1,078,549 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- This amount reflects a transfer of 712,500 shares of Class A Common Stock from the Andrew Dudum 2015 Trust dated July 2, 2015 to the Reporting Person's direct holdings. This amount reflects 1) an annuity payment-in-kind of 115,996 shares of Class A Common Stock from the AD 2022 GRAT 3 dated 11-28-2022 to the Andrew Dudum 2015 Trust dated July 2, 2015 and 2) a transfer of 712,500 shares of Class A Common Stock to the Reporting Person's direct holdings. This amount reflects an annuity payment-in-kind of 115,996 shares of Class A Common Stock to the Andrew Dudum 2015 Trust dated July 2, 2015 from the AD 2022 GRAT 3 dated 11-28-2022. These shares represent a gift to the Dudum Legacy 2021 Trust from the AD 2022 GRAT 3 dated 11-28-2022.
