Hims & Hers (NYSE: HIMS) director converts 3,656 RSUs into common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hims & Hers Health director Kare Schultz exercised restricted stock units to acquire additional shares of Class A common stock. On June 11, 2026, 3,656 RSUs were converted into 3,656 shares of Class A common stock at a stated price of $0.00 per share. After this derivative exercise, Schultz directly owns 19,397 shares of Class A common stock. The RSUs represent a contingent right to receive one share of Class A common stock for each unit, subject to continuous service and vesting on the earlier of the 2026 annual meeting of stockholders or June 15, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,656 shares exercised/converted
Mixed
2 txns
Insider
Schultz Kare
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 3,656 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,656 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 0 shares (Direct, null);
Class A Common Stock — 19,397 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs exercised: 3,656 units
Shares acquired from RSUs: 3,656 shares
Post-transaction holdings: 19,397 shares
+1 more
4 metrics
RSUs exercised
3,656 units
Restricted stock units converted on June 11, 2026
Shares acquired from RSUs
3,656 shares
Class A common stock received on derivative exercise
Post-transaction holdings
19,397 shares
Class A common stock directly owned after transaction
Exercise price per share
$0.00 per share
Stated price for RSU conversion to common stock
Key Terms
Restricted Stock Units ("RSUs"), Class A Common Stock, derivative exercise/conversion, annual meeting of stockholders
4 terms
Restricted Stock Units ("RSUs") financial
"The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Class A Common Stock financial
"which represent a contingent right to 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.
derivative exercise/conversion financial
"transaction_action": "derivative exercise/conversion""
annual meeting of stockholders financial
"the RSUs will vest on the earlier of (a) the date of the 2026 annual meeting of stockholders"
FAQ
What insider transaction did HIMS director Kare Schultz report on this Form 4?
Kare Schultz reported exercising 3,656 restricted stock units into 3,656 shares of Hims & Hers Class A common stock. The transaction reflects a derivative exercise rather than an open-market purchase or sale, increasing Schultz’s directly held share count.
What type of securities were involved in Kare Schultz’s HIMS Form 4 filing?
The filing involves restricted stock units and Class A common stock of Hims & Hers Health, Inc. Restricted stock units were converted on a one-for-one basis into shares of Class A common stock, according to the reported derivative exercise.
What are the vesting conditions for Kare Schultz’s HIMS restricted stock units?
The restricted stock units vest subject to continuous service and will vest on the earlier of the 2026 annual meeting of stockholders or June 15, 2026. Each vested unit entitles the holder to receive one share of Class A common stock.