Hims & Hers Health (HIMS) grants CTO Mohamed Elshenawy 1.2M RSUs
Rhea-AI Filing Summary
Elshenawy Mohamed reported acquisition or exercise transactions in this Form 4 filing.
Hims & Hers Health, Inc. reported that CTO Mohamed Elshenawy received a grant of 1,200,000 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Class A Common Stock. The RSUs carry a service-based vesting requirement over 3 years, vesting in substantially equal quarterly installments starting on the first company quarterly vesting date following the grant. Following this award, Elshenawy holds 1,200,000 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Elshenawy Mohamed
Role
CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F1, F2 | 1,200,000 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 1,200,000 shares (Direct)
Footnotes (2)
- 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.
- F2. The RSUs shall be subject to a service-based vesting requirement, which shall be satisfied over a 3-year period, with the RSUs vesting in substantially equal quarterly installments on the applicable Company quarterly vesting dates, with the first of such vesting dates to be the first Company quarterly vesting date to occur following the grant date of the award.
Key Figures
RSUs granted: 1,200,000 RSUs
Total RSUs after grant: 1,200,000 RSUs
Vesting period: 3 years
+2 more
5 metrics
RSUs granted
1,200,000 RSUs
Grant of Restricted Stock Units to CTO on 2026-08-12
Total RSUs after grant
1,200,000 RSUs
Total RSUs held directly by CTO following the transaction
Vesting period
3 years
Service-based vesting requirement for RSU award
Vesting frequency
Quarterly installments
RSUs vest in substantially equal quarterly installments
Transaction price per RSU
$0.00
Grant, award, or other acquisition with no purchase price
Key Terms
Restricted Stock Unit, service-based vesting requirement, quarterly vesting dates
3 terms
Restricted Stock Unit financial
"The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right"
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 requirement financial
"The RSUs shall be subject to a service-based vesting requirement, which shall be satisfied"
quarterly vesting dates financial
"vesting in substantially equal quarterly installments on the applicable Company quarterly vesting dates"
FAQ
What insider transaction did HIMS report for CTO Mohamed Elshenawy?
Hims & Hers Health (HIMS) reported a grant of 1,200,000 Restricted Stock Units to CTO Mohamed Elshenawy, each RSU representing a contingent right to receive one share of Class A Common Stock, subject to time-based vesting.
How many RSUs did the HIMS CTO hold after this Form 4 transaction?
After the reported transaction, the Hims & Hers Health (HIMS) CTO held 1,200,000 RSUs. These RSUs were newly granted in this award and are subject to a three-year service-based vesting schedule in quarterly installments.
What is the vesting schedule for the 1,200,000 RSUs granted by HIMS?
The 1,200,000 RSUs granted by Hims & Hers Health (HIMS) to its CTO vest over three years in substantially equal quarterly installments, beginning on the first company quarterly vesting date that occurs after the grant date of the award.
What does each RSU granted by Hims & Hers Health (HIMS) represent?
Each RSU granted by Hims & Hers Health (HIMS) to the CTO represents a contingent right to receive one share of the company’s Class A Common Stock, subject to the RSU’s service-based vesting requirements being satisfied.
Was the RSU grant to the HIMS CTO a market purchase or a compensation award?
The RSU grant to the Hims & Hers Health (HIMS) CTO was reported as a grant, award, or other acquisition at a price of $0.00 per unit, indicating it is a compensation-related equity award rather than a market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.