Hims & Hers Health (HIMS) director Cosgrove receives grant of 8,223 RSUs
Rhea-AI Filing Summary
Cosgrove Delos M. reported acquisition or exercise transactions in this Form 4 filing.
Hims & Hers Health, Inc. director Delos M. Cosgrove reported an award of 8,223 Restricted Stock Units (RSUs) relating to Class A Common Stock. The RSUs were granted at $0.00 per unit, bringing his reported direct holdings from this award to 8,223 RSUs.
Each RSU represents a contingent right to receive one share of Class A Common Stock. Subject to continuous service, the RSUs will vest in full on the first quarterly vesting date after the earlier of the company’s next annual stockholder meeting or the first anniversary of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cosgrove Delos M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit F1 | 8,223 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Unit — 8,223 shares (Direct)
Footnotes (1)
- 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. Subject to continuous service, the RSUs will vest in full on the first Company quarterly vesting date to occur after the earlier of (x) the date of the Company's next-occurring annual stockholder meeting or (y) the first anniversary of the grant date of the award.
Key Figures
RSUs granted: 8,223 RSUs
Grant price per RSU: $0.00 per unit
Holdings after transaction: 8,223 RSUs
3 metrics
RSUs granted
8,223 RSUs
Restricted Stock Units awarded to director Delos M. Cosgrove
Grant price per RSU
$0.00 per unit
Reported transaction price for the RSU award
Holdings after transaction
8,223 RSUs
Total direct RSUs reported following the award
Key Terms
Restricted Stock Units, contingent right, continuous service, vesting date
4 terms
Restricted Stock Units financial
"The Reporting Person was granted Restricted Stock Units ("RSUs") which represent a contingent right"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"RSUs which represent a contingent right to receive one share of Class A Common Stock"
continuous service financial
"Subject to continuous service, the RSUs will vest in full on the first Company quarterly vesting date"
vesting date financial
"will vest in full on the first Company quarterly vesting date to occur after the earlier of"
FAQ
What did Delos M. Cosgrove report in this Form 4 for HIMS?
Delos M. Cosgrove reported an award of 8,223 Restricted Stock Units (RSUs) linked to Hims & Hers Health, Inc. Class A Common Stock. These RSUs were granted at $0.00 per unit as a form of equity compensation, not an open-market purchase.
How many HIMS Restricted Stock Units did Cosgrove hold after this transaction?
After the reported award, Cosgrove’s direct holdings from this grant total 8,223 RSUs. Each RSU represents a contingent right to receive one share of Class A Common Stock, subject to the vesting conditions described in the filing’s footnote.
What are the vesting terms of Cosgrove’s 8,223 HIMS RSUs?
The 8,223 RSUs vest in full on the first company quarterly vesting date after the earlier of the next annual stockholder meeting or the first anniversary of the grant date, provided Cosgrove maintains continuous service through that vesting date.
What does each HIMS RSU granted to Cosgrove represent?
Each RSU granted to Cosgrove represents a contingent right to receive one share of Hims & Hers Health, Inc. Class A Common Stock. The right becomes actual shares only upon satisfying the continuous service and vesting conditions defined in the award’s terms.
Was Cosgrove’s HIMS RSU transaction a market purchase or sale?
No, this transaction was a grant/award acquisition of 8,223 RSUs at $0.00 per unit, not a market purchase or sale. It reflects equity compensation rather than a discretionary trade in the open market for Hims & Hers Health, Inc. stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.