Hims & Hers (NYSE: HIMS) CMO reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hims & Hers Health, Inc. director and Chief Medical Officer Carroll Patrick Harrison reported the vesting and settlement of restricted stock units into Class A Common Stock. On March 13, 2026, RSU awards for 8,149, 4,840 and 3,533 units converted into a total of 16,522 Class A shares at a conversion price of $0.00.
To satisfy tax withholding obligations related to this RSU vesting, 4,022 Class A shares were withheld by the issuer at $24.77 per share, a non‑market, tax-withholding disposition rather than an open-market sale. Following these transactions, Harrison holds 182,440 Class A Common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
16,522 shares exercised/converted
Mixed
5 txns
Insider
Carroll Patrick Harrison
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 8,149 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 4,840 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 3,533 | $0.00 | -- |
| Exercise | Class A Common Stock | 16,522 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 4,022 | $24.77 | $100K |
Holdings After Transaction:
Restricted Stock Unit — 24,446 shares (Direct);
Class A Common Stock — 186,462 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 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 25% of the RSUs vesting on December 15, 2023, and the remaining 75% of the RSUs vesting in substantially equal quarterly installments over the following 3 years, on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date") occurring thereafter. 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.
FAQ
What insider transactions did HIMS Chief Medical Officer report on this Form 4?
The filing shows Carroll Patrick Harrison had multiple restricted stock unit awards vest and settle into Class A Common Stock on March 13, 2026, along with a share withholding transaction to cover associated tax obligations on the vested RSUs.
How were taxes handled for the HIMS RSU vesting reported in this Form 4?
To satisfy tax withholding obligations, the issuer withheld 4,022 Class A Common shares at a value of $24.77 per share. This is characterized as a tax-withholding disposition, not an open-market sale initiated by the insider.
What is the vesting schedule for the HIMS RSUs in this insider filing?
The RSUs vest over four years under service-based requirements. One grant vests 25% on December 15, 2023, with the remaining 75% vesting quarterly thereafter, while other grants vest in substantially equal quarterly installments starting June 15, 2024 and June 15, 2025.
Were the HIMS insider transactions open-market buys or sales?
No open-market trades are reported. The Form 4 shows derivative exercises/conversions of RSUs into Class A shares and a tax-withholding disposition where shares were withheld by the issuer, rather than discretionary purchases or sales in the market.