Hims & Hers director exercises 15,211 RSUs
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
Hims & Hers Health, Inc. director Christiane Pendarvis exercised previously granted restricted stock units, converting 15,211 RSUs into the same number of Class A common shares at a price of $0.00 per share, reflecting equity compensation rather than an open-market purchase.
The RSUs vest over three years, with one-third vesting on March 15, 2024, one-third on March 15, 2025, and one-third on March 15, 2026. Following this conversion, Pendarvis directly holds 51,774 Class A shares, and the filing shows no sales or tax-withholding disposals, indicating a straightforward exercise-and-hold event.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 15,211 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 15,211 | $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 are subject to a service-based vesting requirement, which shall be satisfied over a 3-year period, with : (i) 1/3 of the RSUs vesting on March 15, 2024, (ii) 1/3 of the RSUs vesting on March 15, 2025, and (iii) 1/3 of the RSUs vesting on March 15, 2026.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Hims & Hers (HIMS) report for Christiane Pendarvis?
Were the Hims & Hers (HIMS) RSUs for Christiane Pendarvis tied to a vesting schedule?
What does the $0.00 price on the Hims & Hers (HIMS) RSU exercise mean?
AI-generated analysis. How Rhea-AI works. Not financial advice.