CFO at Hims & Hers (NYSE: HIMS) granted 300,978 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Okupe Oluyemi reported acquisition or exercise transactions in this Form 4 filing.
Hims & Hers Health, Inc. reported that Chief Financial Officer Oluyemi Okupe received a grant of 300,978 Restricted Stock Units (RSUs), each representing a contingent right to one share of Class A common stock.
The RSUs are subject to a service-based vesting schedule over four years. They vest in substantially equal quarterly installments on March 15, June 15, September 15 and December 15, with the first vesting date on June 15, 2026, as long as the service condition is met.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Okupe Oluyemi
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 300,978 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 300,978 shares (Direct)
Footnotes (1)
- The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU. 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, 2026.
FAQ
What insider transaction did Hims & Hers (HIMS) report for CFO Oluyemi Okupe?
Hims & Hers reported that CFO Oluyemi Okupe received a grant of 300,978 Restricted Stock Units. Each RSU represents a contingent right to one share of Class A common stock, reflecting a compensation-based equity award rather than an open-market stock purchase or sale.
How many RSUs were granted to the Hims & Hers (HIMS) CFO in this Form 4?
The CFO was granted 300,978 Restricted Stock Units. These RSUs convert into an equal number of Class A common shares upon vesting, tying a substantial portion of the executive’s potential compensation to the company’s long-term performance and continued service.
What is the vesting schedule for the 300,978 RSUs granted at Hims & Hers (HIMS)?
The 300,978 RSUs vest over four years in substantially equal quarterly installments. Vesting occurs on March 15, June 15, September 15 and December 15, with the first vesting date on June 15, 2026, subject to satisfying the service-based vesting requirement.
Does the Hims & Hers (HIMS) CFO’s RSU grant involve any immediate cash transaction?
The RSU grant does not involve an immediate cash transaction; the Form 4 shows a price of $0.00 per unit. Instead, the award provides a contingent right to receive Class A common shares as the service-based vesting conditions are met over time.
Are the RSUs granted to the Hims & Hers (HIMS) CFO tied to Class A common stock?
Yes, each Restricted Stock Unit granted to the CFO corresponds to one share of Class A common stock. This structure directly links the executive’s equity compensation to the company’s share value once the RSUs vest according to the specified quarterly schedule.