Hims & Hers (NYSE: HIMS) CEO awarded 413,844 RSUs over 4 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dudum Andrew reported acquisition or exercise transactions in this Form 4 filing.
Hims & Hers Health, Inc. Chief Executive Officer Andrew Dudum received a grant of 413,844 Restricted Stock Units. Each RSU represents a contingent right to receive one share of Class A common stock, so the award ties his compensation directly to future share value.
The RSUs vest over four years in substantially equal quarterly installments on March 15, June 15, September 15, and December 15, starting on June 15, 2026. Shares are delivered only as units vest, encouraging long-term service and alignment with shareholders rather than reflecting an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Dudum Andrew
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 413,844 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 413,844 shares (Direct)
Footnotes (1)
- The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU. 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 specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), with the first such vesting date on June 15, 2026.
FAQ
What insider transaction did Hims & Hers (HIMS) report for CEO Andrew Dudum?
Hims & Hers reported a grant of 413,844 Restricted Stock Units to CEO Andrew Dudum. Each RSU can convert into one share of Class A common stock, providing stock-based compensation linked to the company’s future performance and his continued service over several years.
How many RSUs did the Hims & Hers (HIMS) CEO receive in this Form 4?
The CEO received 413,844 Restricted Stock Units in this reported transaction. These RSUs give him a contingent right to receive an equal number of Class A common shares, subject to the vesting schedule set out over a four-year service period with quarterly vesting dates.
What is the vesting schedule for the 413,844 RSUs granted by Hims & Hers (HIMS)?
The 413,844 RSUs vest over four years in substantially equal quarterly installments. Vesting occurs on March 15, June 15, September 15, and December 15, with the first vesting date on June 15, 2026, aligning the CEO’s rewards with multi-year company performance.
Does the Hims & Hers (HIMS) RSU grant to the CEO involve an open-market stock purchase?
The RSU grant does not involve an open-market stock purchase. Instead, it is a stock-based compensation award where each unit represents a contingent right to receive one share of Class A common stock as service-based vesting conditions are satisfied over time.
What does each RSU granted by Hims & Hers (HIMS) to the CEO represent?
Each RSU represents a contingent right to receive one share of Hims & Hers Class A common stock. The CEO only receives actual shares when the RSUs vest under the four-year, quarterly vesting schedule, linking his compensation to long-term company performance and retention.