Hims & Hers (NYSE: HIMS) COO settles 86K RSUs, pays taxes in stock
Rhea-AI Filing Summary
Hims & Hers Health, Inc. (HIMS) reported that Chief Operating Officer Michael Chi had multiple restricted stock unit (RSU) awards vest on 2026-08-14, converting into 86,265 shares of Class A Common Stock at a price of $0.00 per share. In connection with this vesting and settlement, the company withheld 47,702 shares at a price of $28.15 per share to satisfy tax withholding obligations. The RSU grants vest over four years in substantially equal quarterly installments, with different grants beginning to vest on quarterly dates starting between December 15, 2022 and June 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 38,563 shares
Net Buy
7 txns
Insider
Chi Michael
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1, F3 | 16,496 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F1, F4 | 16,297 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F1, F5 | 19,358 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F1, F6 | 10,600 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F1, F7 | 23,514 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 86,265 | -- | -- |
| Tax Withholding | Class A Common Stock F2 | 47,702 | $28.15 | $1.34M |
Holdings After Transaction:
Restricted Stock Unit — 583,932 shares (Direct);
Class A Common Stock — 470,687 shares (Direct)
Footnotes (7)
- F1. The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU.
- F2. The shares of Class A Common Stock were withheld by the issuer to cover tax withholding obligations in connection with the reported vesting and settlement of RSUs.
- F3. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on the Company's quarterly vesting dates occurring on or after December 15, 2022.
- F4. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on the Company's quarterly vesting dates, with the first such vesting date on June 15, 2023.
- F5. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on the Company's quarterly vesting dates, with the first such vesting date on June 15, 2024.
- F6. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on the Company's quarterly vesting dates, with the first such vesting date on June 15, 2025.
- F7. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on the Company's quarterly vesting dates, with the first such vesting date on June 15, 2026.
Key Figures
Shares acquired via RSU vesting: 86,265 shares
Shares withheld for taxes: 47,702 shares
Tax withholding price: $28.15 per share
+2 more
5 metrics
Shares acquired via RSU vesting
86,265 shares
Class A Common Stock acquired on 2026-08-14 from RSU settlement (code M, acquired_disposed_code A)
Shares withheld for taxes
47,702 shares
Class A Common Stock withheld by issuer to cover tax withholding obligations (code F) on 2026-08-14
Tax withholding price
$28.15 per share
Price used for shares withheld to satisfy tax liability in connection with RSU vesting
Number of RSU vesting transactions
5 transactions
Five RSU derivative entries (code M) converting into Class A Common Stock
RSU vesting period
4 years
Each RSU grant vests over four years in substantially equal quarterly installments
Key Terms
Restricted Stock Unit, service-based vesting, withheld by the issuer, quarterly vesting dates
4 terms
Restricted Stock Unit financial
"The Restricted Stock Units ("RSUs") represent a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
service-based vesting financial
"The RSUs are subject to a service-based vesting requirement, which shall be satisfied"
withheld by the issuer financial
"The shares of Class A Common Stock were withheld by the issuer to cover tax"
quarterly vesting dates financial
"vesting in substantially equal quarterly installments on the Company's quarterly vesting dates"
FAQ
What insider equity activity did HIMS COO Michael Chi report on this Form 4?
On 2026-08-14, COO Michael Chi reported RSU vesting that converted into 86,265 shares of HIMS Class A Common Stock. In the same event, 47,702 shares were withheld by the issuer to cover tax withholding obligations related to the RSU settlement.
What are the vesting terms of Michael Chi’s RSUs at HIMS?
Michael Chi’s RSUs are subject to service-based vesting over four years, in substantially equal quarterly installments. Different RSU grants start vesting on quarterly dates beginning December 15, 2022, June 15, 2023, June 15, 2024, June 15, 2025, and June 15, 2026.
Was Michael Chi’s HIMS Form 4 activity under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox was not checked, so the reported transactions were not affirmed as being made under a 10b5-1 trading plan. The activity reflects RSU vesting and related tax withholding, not open-market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.