Hims & Hers director exercises 3,656 RSUs
Hims & Hers Health, Inc. director Christiane Pendarvis exercised previously granted Restricted Stock Units (RSUs), converting 3,656 RSUs into an equal number of Class A Common shares at a stated price of $0.00 per share.
Rhea-AI Filing Summary
Hims & Hers Health, Inc. director Christiane Pendarvis exercised previously granted Restricted Stock Units (RSUs), converting 3,656 RSUs into an equal number of Class A Common shares at a stated price of $0.00 per share. Following this transaction, she directly holds 55,430 Class A Common shares.
The RSUs represent a contingent right to receive one share of Class A Common Stock for each unit and will vest, subject to continuous service, on the earlier of the company’s 2026 annual meeting of stockholders or June 15, 2026. This is a compensation-related, non‑open‑market equity award rather than a market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,656 shares exercised/converted
Exercise
2 txns
Insider
Pendarvis Christiane
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,656 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,656 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Class A Common Stock — 55,430 shares (Direct)
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. Subject to continuous service, the RSUs will vest on the earlier of (a) the date of the 2026 annual meeting of stockholders or (b) June 15, 2026.
Key Figures
RSUs exercised: 3,656 shares
Post-transaction holdings: 55,430 shares
RSU exercise price: $0.00 per share
+3 more
6 metrics
RSUs exercised
3,656 shares
Restricted Stock Units converted to Class A Common Stock
Post-transaction holdings
55,430 shares
Class A Common Stock held directly after transaction
RSU exercise price
$0.00 per share
Stated transaction price for RSU conversion
Transaction date
June 11, 2026
Form 4 transaction date for RSU exercise
Vesting deadline
June 15, 2026
Latest vesting date, or earlier 2026 annual meeting
Transaction code
M
Exercise or conversion of derivative security
Key Terms
Restricted Stock Units, Class A Common Stock, continuous service, annual meeting of stockholders, +1 more
5 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.
Class A Common Stock financial
"receive one share of Class A Common Stock for each RSU."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
continuous service financial
"Subject to continuous service, the RSUs will vest on the earlier of..."
annual meeting of stockholders financial
"the earlier of (a) the date of the 2026 annual meeting of stockholders or (b) June 15, 2026."
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
What insider transaction did Hims & Hers (HIMS) report for Christiane Pendarvis?
Hims & Hers reported that director Christiane Pendarvis exercised 3,656 Restricted Stock Units, receiving 3,656 shares of Class A Common Stock at a stated price of $0.00 per share. This reflects a compensation-related equity vesting, not an open-market trade.
What are the vesting conditions for the Hims & Hers (HIMS) RSUs granted to Christiane Pendarvis?
The RSUs granted to Christiane Pendarvis vest, subject to continuous service, on the earlier of the 2026 annual meeting of stockholders or June 15, 2026. Each vested RSU entitles her to receive one share of Class A Common Stock under this equity award.
Was the Hims & Hers (HIMS) insider transaction a market purchase or sale?
No, the transaction was not a market purchase or sale. The Form 4 shows an “M” code, indicating an exercise or conversion of derivative securities, where 3,656 RSUs converted into 3,656 Class A Common shares as part of her compensation package.
What does the “M” transaction code mean in the Hims & Hers (HIMS) Form 4 filing?
The “M” code in the Form 4 indicates an exercise or conversion of a derivative security. In this case, 3,656 Restricted Stock Units were converted into 3,656 shares of Class A Common Stock, reflecting settlement of equity compensation rather than an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
