Hims & Hers Health (HIMS) CTO exercises awards and sells 30,040 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hims & Hers Health, Inc. CTO Mohamed Elshenawy reported multiple equity transactions. He exercised derivative awards into 282,597 shares of Class A Common Stock on June 15, 2026, alongside RSU conversions totaling 282,597 underlying shares. On the same date, 151,534 shares were withheld by the company to cover tax obligations from RSU vesting. On June 17, 2026, he made an open-market sale of 30,040 shares at $31.50 per share under a pre-arranged Rule 10b5-1 trading plan, leaving him with 101,023 shares of Class A Common Stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 30,040 shares ($946,260)
Net Sell
5 txns
Insider
Elshenawy Mohamed
Role
CTO
Sold
30,040 shs ($946K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 30,040 | $31.50 | $946K |
| Exercise | Restricted Stock Unit | 259,084 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 23,513 | $0.00 | -- |
| Exercise | Class A Common Stock | 282,597 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 151,534 | $30.17 | $4.57M |
Holdings After Transaction:
Class A Common Stock — 101,023 shares (Direct, null);
Restricted Stock Unit — 777,255 shares (Direct, null)
Footnotes (1)
- The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU. The shares of Class A Common Stock were withheld by the issuer to cover tax withholding obligations in connection with the reported vesting and settlement of RSUs. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on December 1, 2025 by the Reporting Person. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 25% of the RSUs vesting on June 15, 2026, and the remaining 75% of the RSUs vesting in substantially equal quarterly installments thereafter on the Company's quarterly vesting dates. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with the RSUs vesting in substantially equal quarterly installments on the Company's quarterly vesting dates, with the first such vesting date on June 15, 2026.
Key Figures
Open-market sale: 30,040 shares at $31.50
Shares held after transactions: 101,023 shares
Derivative exercise into common: 282,597 shares
+3 more
6 metrics
Open-market sale
30,040 shares at $31.50
Class A Common Stock sale on June 17, 2026
Shares held after transactions
101,023 shares
Direct Class A holdings after June 17, 2026 sale
Derivative exercise into common
282,597 shares
Exercise/conversion on June 15, 2026
Tax-withholding shares
151,534 shares at $30.17
Shares withheld to cover tax obligations on June 15, 2026
RSU conversion (grant 1)
23,513 RSUs
Restricted Stock Units convertible into Class A Common Stock
RSU conversion (grant 2)
259,084 RSUs
Restricted Stock Units convertible into Class A Common Stock
Key Terms
Restricted Stock Units ("RSUs"), Rule 10b5-1 trading plan, tax withholding obligations, service-based vesting requirement, +1 more
5 terms
Restricted Stock Units ("RSUs") financial
"The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock..."
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.
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
tax withholding obligations financial
"The shares of Class A Common Stock were withheld by the issuer to cover tax withholding obligations..."
service-based vesting requirement financial
"The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period..."
quarterly vesting dates financial
"the remaining 75% of the RSUs vesting in substantially equal quarterly installments thereafter on the Company's quarterly vesting dates"
FAQ
What insider transactions did Hims & Hers (HIMS) CTO Mohamed Elshenawy report?
He reported exercising derivatives into 282,597 Class A shares, tax-withholding of 151,534 shares, and an open-market sale of 30,040 shares at $31.50, all as part of routine equity and compensation-related activity.
How were taxes handled on the Hims & Hers (HIMS) CTO’s RSU vesting?
The company withheld 151,534 shares of Class A Common Stock to satisfy tax withholding obligations tied to the vesting and settlement of RSUs, rather than the CTO selling shares separately to cover those tax liabilities.
What are the vesting terms of the Hims & Hers (HIMS) CTO’s RSUs?
The RSUs vest over four years under service-based conditions. One grant vests 25% on June 15, 2026, with the remaining 75% in equal quarterly installments, while another vests in substantially equal quarterly installments starting June 15, 2026.