Hims & Hers (NYSE: HIMS) CTO granted 376,222 RSUs vesting over 4 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Elshenawy Mohamed reported acquisition or exercise transactions in this Form 4 filing.
Hims & Hers Health, Inc. reported that CTO Mohamed Elshenawy received a grant of 376,222 Restricted Stock Units, each representing a contingent right to receive one share of Class A Common Stock. This compensation award was recorded at a price of $0.00 per unit.
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. The first vesting date is June 15, 2026, and continued service is required for vesting. After this grant, Elshenawy’s reported derivative holdings total 376,222 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Elshenawy Mohamed
Role
CTO
| 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 & Hers (HIMS) CTO Mohamed Elshenawy report on Form 4?
CTO Mohamed Elshenawy reported receiving a grant of 376,222 Restricted Stock Units from Hims & Hers Health, Inc. The RSUs are a form of equity compensation that convert into Class A Common Stock upon meeting service-based vesting requirements over a four-year period.
How many RSUs were granted to the Hims & Hers (HIMS) CTO in this filing?
The filing shows a grant of 376,222 Restricted Stock Units to CTO Mohamed Elshenawy. Each RSU corresponds to one share of Class A Common Stock, providing equity-based compensation that vests over time rather than an immediate cash payment or open-market share purchase.
How do the RSUs for Hims & Hers (HIMS) CTO vest over time?
The RSUs vest based on continued service over a four-year period. Vesting occurs in substantially equal quarterly installments on March 15, June 15, September 15 and December 15, gradually delivering shares rather than all at once, aligning compensation with ongoing employment.
When does vesting begin for Mohamed Elshenawy’s RSUs at Hims & Hers (HIMS)?
Vesting for Mohamed Elshenawy’s RSUs begins on June 15, 2026. That date is the first Company Quarterly Vesting Date, after which additional installments vest on March 15, June 15, September 15 and December 15 over the remaining four-year service-based vesting schedule.
What does each RSU represent in the Hims & Hers (HIMS) Form 4 filing?
Each Restricted Stock Unit represents a contingent right to receive one share of Hims & Hers Class A Common Stock. The units have a stated price of $0.00 and convert into actual shares only as the service-based vesting conditions are satisfied over the four-year schedule.
What are the CTO’s reported holdings after this RSU grant at Hims & Hers (HIMS)?
After the reported transaction, CTO Mohamed Elshenawy holds 376,222 Restricted Stock Units. These derivative holdings represent future rights to receive an equal number of Class A Common Stock shares, subject to the quarterly service-based vesting requirements described in the filing’s footnotes.