Hims & Hers director exercises 545 RSUs
Rhea-AI Filing Summary
Hims & Hers Health, Inc. (HIMS) director Christopher D. Payne reported an exercise of 545 Restricted Stock Units (RSUs) into 545 shares of Class A common stock on 2026-08-14, leaving him with 34,863 shares held directly and 110,000 shares held indirectly through The Payne Family Trust. The RSUs represent a contingent right to receive one share of Class A common stock per unit and were issued under the company’s Director Compensation Policy in lieu of the second-quarter 2026 cash retainer fee, with the $16,598 foregone fees divided by a $30.40 grant price to determine the grant amount; the RSUs will vest in full on the company’s next quarterly vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
545 shares exercised/converted
Exercise
3 txns
Insider
Payne Christopher D
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F1 | 545 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 545 | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Class A Common Stock — 34,863 shares (Direct);
Class A Common Stock — 110,000 shares (Indirect, Held by The Payne Family Trust dtd 09/17/2020)
Footnotes (1)
- F1. The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share of Class A Common Stock for each RSU. The RSUs were issued to the Reporting Person pursuant to the Issuer's Director Compensation Policy, in lieu of the director retainer fee for the second quarter of 2026. The number of RSUs granted was calculated by dividing the foregone cash fees of $16,598 by the grant price of $30.40. The RSUs will vest in full on the Company's next quarterly vesting date.
Key Figures
RSUs exercised: 545 shares
Common stock acquired: 545 shares
Direct holdings after transaction: 34,863 shares
+3 more
6 metrics
RSUs exercised
545 shares
RSUs converted into Class A common stock on 2026-08-14
Common stock acquired
545 shares
Class A common stock received from RSU exercise on 2026-08-14
Direct holdings after transaction
34,863 shares
Class A common stock directly owned by Christopher D. Payne after 2026-08-14
Indirect holdings via trust
110,000 shares
Class A common stock held by The Payne Family Trust dtd 09/17/2020
Foregone director cash fees
$16,598
Second-quarter 2026 director retainer fee converted into RSUs
RSU grant price
$30.40
Grant price used to calculate the number of RSUs issued
Key Terms
Restricted Stock Units, Director Compensation Policy, contingent right, grant price
4 terms
Restricted Stock Units financial
"The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Director Compensation Policy financial
"The RSUs were issued to the Reporting Person pursuant to the Issuer's Director Compensation Policy"
contingent right financial
"RSUs which represent a contingent right to receive one share of Class A Common Stock"
grant price financial
"The number of RSUs granted was calculated by dividing the foregone cash fees of $16,598 by the grant price"
FAQ
What insider transaction did Christopher D. Payne report for HIMS on this Form 4?
Christopher D. Payne reported exercising 545 Restricted Stock Units into 545 shares of Hims & Hers Health Class A common stock on 2026-08-14, reflecting a derivative exercise/conversion rather than an open-market purchase or sale.
How were the RSUs for Christopher D. Payne at HIMS calculated and what cash fees did they replace?
The RSU grant for Christopher D. Payne replaced $16,598 of second-quarter 2026 director cash retainer fees, calculated by dividing those foregone fees by a $30.40 grant price per share to determine the number of RSUs issued under the Director Compensation Policy.
What do the RSUs reported by Christopher D. Payne for HIMS represent?
The RSUs represent a contingent right to receive one share of Hims & Hers Health Class A common stock for each RSU, issued under the company’s Director Compensation Policy in lieu of cash fees, with full vesting on the next quarterly vesting date.
When will Christopher D. Payne’s reported RSUs in HIMS vest?
The RSUs reported for Christopher D. Payne will vest in full on Hims & Hers Health’s next quarterly vesting date, at which point each vested RSU entitles him to receive one share of Class A common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.