Hims & Hers (NYSE: HIMS) director exercises RSUs for 14,343 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hims & Hers Health, Inc. director Christopher D. Payne exercised restricted stock unit awards into a total of 14,343 shares of Class A Common Stock in June 2026, all at a price of $0.00 per share. These are compensation-related derivative exercises rather than open‑market purchases or sales.
After the transactions, he holds 34,318 shares directly and 110,000 shares indirectly through The Payne Family Trust dated September 17, 2020. Some RSUs remain outstanding, including 10,040 units granted in lieu of $14,875 of first‑quarter 2026 director and committee cash fees, calculated at a grant price of $22.98 per share and scheduled to vest on the company’s next quarterly vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,343 shares exercised/converted
Mixed
7 txns
Insider
Payne Christopher D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 10,040 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 647 | $0.00 | -- |
| Exercise | Class A Common Stock | 10,040 | $0.00 | -- |
| Exercise | Class A Common Stock | 647 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 3,656 | $0.00 | -- |
| Exercise | Class A Common Stock | 3,656 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 10,040 shares (Direct, null);
Class A Common Stock — 33,671 shares (Direct, null);
Class A Common Stock — 110,000 shares (Indirect, Held by The Payne Family Trust dtd 09/17/2020)
Footnotes (1)
- 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 on the earlier of (a) the date of the 2026 annual meeting of stockholders or (b) June 15, 2026. The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 3-year period, with : (i) 1/3 of the RSUs vesting on June 15, 2025, (ii) 1/3 of the RSUs vesting on June 15, 2026, and (iii) 1/3 of the RSUs vesting on May 15, 2027. The RSUs were issued to the Reporting Person pursuant to the Issuer's Director Compensation Policy, in lieu of the director retainer and committee membership fees for the first quarter of 2026. The number of RSUs granted was calculated by dividing the foregone cash fees of $14,875 by the grant price of $22.98. The RSUs will vest in full on the Company's next quarterly vesting date. The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU.
Key Figures
Shares from RSU exercises: 14,343 shares
Direct holdings after exercises: 34,318 shares
Indirect trust holdings: 110,000 shares
+4 more
7 metrics
Shares from RSU exercises
14,343 shares
Total shares acquired via derivative exercises reported in June 2026
Direct holdings after exercises
34,318 shares
Class A Common Stock held directly by Christopher Payne after transactions
Indirect trust holdings
110,000 shares
Class A Common Stock held by The Payne Family Trust dtd 09/17/2020
Fee-replacement cash amount
$14,875
First-quarter 2026 director and committee fees converted into RSUs
RSU grant price
$22.98 per share
Price used to convert $14,875 of cash fees into 10,040 RSUs
Outstanding fee-replacement RSUs
10,040 RSUs
Restricted stock units granted in lieu of Q1 2026 cash fees
Three-year RSU vesting tranches
1/3 each on Jun 15 2025, Jun 15 2026, May 15 2027
Service-based RSU vesting schedule
Key Terms
Restricted Stock Unit, Director Compensation Policy, contingent right, service-based vesting requirement, +1 more
5 terms
Restricted Stock Unit financial
"The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Director Compensation Policy financial
"The RSUs were issued to the Reporting Person pursuant to the Issuer's Director Compensation Policy, in lieu of the director retainer and committee membership fees for the first quarter of 2026."
contingent right financial
"The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU."
service-based vesting requirement financial
"The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 3-year period."
annual meeting of stockholders financial
"the RSUs will vest on the earlier of (a) the date of the 2026 annual meeting of stockholders or (b) June 15, 2026."
FAQ
What did HIMS director Christopher D. Payne report in this Form 4?
Christopher D. Payne reported exercising restricted stock unit awards into 14,343 shares of Hims & Hers Class A Common Stock. These derivative exercises are compensation-related events, not open‑market stock purchases or sales, and increase his directly held share position in the company.
What is the size and pricing of the RSU grant taken in lieu of cash fees at HIMS?
One RSU grant replaced $14,875 of first‑quarter 2026 director and committee cash fees at a grant price of $22.98. This calculation produced 10,040 restricted stock units, which each represent a contingent right to receive one Hims & Hers Class A Common share upon vesting.
What are the vesting terms for Christopher Payne’s Hims & Hers RSUs?
The filing describes RSUs with service-based vesting. One award vests on the earlier of the 2026 annual stockholders’ meeting or June 15, 2026. Another three‑year award vests in equal one‑third installments on June 15, 2025, June 15, 2026, and May 15, 2027, assuming continuous service.
How are Christopher Payne’s RSUs at Hims & Hers structured?
Each restricted stock unit represents a contingent right to receive one share of Hims & Hers Class A Common Stock. Certain RSUs were granted under the company’s Director Compensation Policy, replacing cash retainers, and will vest on specified future dates subject to his continued service.