HIMS Insider Report: 41,420 RSUs Vest; 22,829 Shares Withheld at $53.96
Rhea-AI Filing Summary
Hims & Hers Health, Inc. (HIMS) insider filing shows Chief Legal Officer Soleil Boughton reported RSU vesting and related withholding on 09/15/2025. The filing records 41,420 RSUs vested (reported as acquired) and 22,829 shares withheld by the issuer at $53.96 to satisfy tax obligations, leaving 169,041 shares beneficially owned after the transactions. Multiple classes of service-based RSUs vested or were reported as vested with specific quarterly vesting schedules; the filing explains these RSUs convert one-for-one into Class A common shares. The form is signed by an attorney-in-fact on behalf of the reporting person.
Positive
- 41,420 RSUs vested, increasing the reporting person's share-based compensation realization and aligning incentives with shareholders
- Clear disclosure of withholding: 22,829 shares withheld at $53.96 to cover taxes, which clarifies the net change in beneficial ownership
Negative
- Reduction in free float from withholding: 22,829 shares were surrendered to the issuer for tax withholding rather than sold in the open market
- No open-market purchase reported; the transactions are compensation settlements rather than a demonstrated personal cash investment
Insights
TL;DR: Insider compensation vesting increased shareholdings while a portion was withheld for taxes; a routine, non-market-moving disclosure.
The Form 4 documents service-based RSU vesting for Soleil Boughton on 09/15/2025 totaling 41,420 RSUs that convert one-for-one into Class A shares. Concurrently, 22,829 shares were withheld at an indicated price of $53.96 to cover tax withholding, reducing the post-transaction holding to 169,041 shares. These entries reflect compensation settlement mechanics rather than open-market purchases or strategic transfers, so the immediate market or governance implications are limited to disclosure of insider ownership levels.
TL;DR: The filing transparently reports executive RSU vesting and tax withholding; no executive acquisitions or departures are reported.
The disclosure identifies the reporting person as an officer (Chief Legal Officer) and details multiple tranches of RSUs subject to multi-year service-based vesting schedules, with specified quarterly vesting dates. The withheld shares (22,829) were used to satisfy tax obligations upon settlement. The form is executed by an attorney-in-fact and contains required explanatory statements about vesting schedules. This is a routine change in beneficial ownership stemming from compensation arrangements.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 10,915 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 12,223 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 12,099 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 6,183 | $0.00 | -- |
| Exercise | Class A Common Stock | 41,420 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 22,829 | $53.96 | $1.23M |
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 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 each Company Quarterly Vesting Date occurring on or after June 15, 2022. 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 specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), with the first such vesting date on June 15, 2023. 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 specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), with the first such vesting date on June 15, 2024. 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 specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date"), with the first such vesting date on June 15, 2025.
