Hims & Hers (HIMS) CMO-director gets 435 RSUs instead of $10K cash retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hims & Hers Health, Inc. director and Chief Medical Officer Patrick Harrison received a grant of 435 Restricted Stock Units as part of his board compensation. The RSUs were issued in lieu of a $10,000 cash retainer for the first quarter of 2026 and convert into Class A Common Stock on vesting. The award will vest in full on the company’s next quarterly vesting date, giving him equity-based compensation instead of cash for that period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Carroll Patrick Harrison
Role
Chief Medical Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 435 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 435 shares (Direct, null)
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 were issued to the Reporting Person pursuant to the Issuer's Director Compensation Policy, in lieu of the director retainer fee for the first quarter of 2026. The number of RSUs granted was calculated by dividing the foregone cash fees of $10,000 by the grant price of $22.98. The RSUs will vest in full on the Company's next quarterly vesting date.
Key Figures
RSUs granted: 435 units
Foregone cash fees: $10,000
Grant price: $22.98 per share
+2 more
5 metrics
RSUs granted
435 units
Grant under Director Compensation Policy for Q1 2026
Foregone cash fees
$10,000
Director retainer fee for first quarter of 2026
Grant price
$22.98 per share
Used to calculate number of RSUs from $10,000 fees
Underlying shares
435 shares
Class A Common Stock deliverable upon RSU vesting
Post-grant RSU holdings
435 units
Total Restricted Stock Units following this transaction
Key Terms
Restricted Stock Unit, Director Compensation Policy, grant price, Class A Common Stock
4 terms
Restricted Stock Unit financial
"The Restricted Stock Units ("RSUs") represent a contingent right to receive one share..."
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..."
grant price financial
"The number of RSUs granted was calculated by dividing the foregone cash fees of $10,000 by the grant price of $22.98."
Class A Common Stock financial
"one share of Class A Common Stock for each RSU."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did Hims & Hers (HIMS) report in this Form 4 for Patrick Harrison?
Hims & Hers reported that director and Chief Medical Officer Patrick Harrison received 435 Restricted Stock Units as compensation. These RSUs were granted instead of his first-quarter 2026 cash director retainer and will convert into Class A Common Stock when they vest on the next quarterly vesting date.
How many Hims & Hers (HIMS) RSUs did Patrick Harrison receive and what are they worth?
Patrick Harrison received 435 Restricted Stock Units, calculated from $10,000 of foregone cash fees divided by a grant price of $22.98. Each RSU represents a contingent right to receive one share of Hims & Hers Class A Common Stock when the units vest in full.
Why did Patrick Harrison receive RSUs instead of cash from Hims & Hers (HIMS)?
The RSUs were issued under Hims & Hers’ Director Compensation Policy in lieu of his first-quarter 2026 director retainer fee. Instead of receiving $10,000 in cash, he accepted equity compensation, aligning part of his board pay with the company’s Class A Common Stock performance upon vesting.
When do Patrick Harrison’s Hims & Hers (HIMS) RSUs vest?
The 435 Restricted Stock Units granted to Patrick Harrison will vest in full on the company’s next quarterly vesting date. Once vested, each RSU entitles him to receive one share of Class A Common Stock, converting the contingent units into actual share ownership at that time.
Is this Hims & Hers (HIMS) Form 4 a stock purchase or sale by Patrick Harrison?
This Form 4 does not show an open-market purchase or sale. It reports a grant of 435 Restricted Stock Units as compensation, with a transaction code indicating a grant or award. The RSUs were issued at no cash cost to him in exchange for his quarterly director retainer.