Hims & Hers (HIMS) COO receives 376,222 RSUs equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chi Michael reported acquisition or exercise transactions in this Form 4 filing.
Hims & Hers Health, Inc. reported that Chief Operating Officer Michael Chi received a grant of 376,222 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Class A common stock, making this a stock-based compensation award rather than a market purchase.
The RSUs are subject to a service-based vesting schedule over four years, vesting in substantially equal quarterly installments on March 15, June 15, September 15 and December 15, with the first vesting date on June 15, 2026. Following this grant, Chi holds 376,222 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chi Michael
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 376,222 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 376,222 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 did HIMS COO Michael Chi report in this Form 4 filing?
Michael Chi reported receiving a grant of 376,222 Restricted Stock Units as equity compensation. These RSUs give him the right to receive an equal number of Class A common shares if vesting conditions are met over time.
How many RSUs did HIMS grant to its COO Michael Chi?
Hims & Hers granted Chief Operating Officer Michael Chi 376,222 Restricted Stock Units. Each RSU corresponds to one share of Class A common stock, subject to future vesting based on continued service with the company.
How do Michael Chi’s RSUs at HIMS vest over time?
Michael Chi’s 376,222 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 scheduled for June 15, 2026, subject to service conditions.
Is Michael Chi’s HIMS Form 4 transaction a stock purchase or compensation grant?
The Form 4 reflects a compensation grant, not an open-market stock purchase. Michael Chi received 376,222 Restricted Stock Units at no cash cost, representing a future right to shares if service-based vesting requirements are satisfied.
How many HIMS RSUs does Michael Chi hold after this reported grant?
After the reported grant, Michael Chi holds 376,222 Restricted Stock Units directly. These RSUs may convert into an equal number of Class A common shares over time, provided that the specified four-year service-based vesting schedule is fully met.