Hims & Hers CTO awarded 1.2M RSUs
Elshenawy Mohamed reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F1, F2 | 1,200,000 | $0.00 | $0.00 |
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
Key Terms
Restricted Stock Unit financial
service-based vesting requirement financial
quarterly vesting dates financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HIMS report for CTO Mohamed Elshenawy?
How many RSUs did the HIMS CTO hold after this Form 4 transaction?
What is the vesting schedule for the 1,200,000 RSUs granted by HIMS?
What does each RSU granted by Hims & Hers Health (HIMS) represent?
Was the RSU grant to the HIMS CTO a market purchase or a compensation award?
AI-generated analysis. How Rhea-AI works. Not financial advice.