Hims & Hers (HIMS) CEO logs RSU vesting and large tax share withholding
Rhea-AI Filing Summary
Hims & Hers Health, Inc. Chief Executive Officer Andrew Dudum reported the vesting and settlement of restricted stock units on March 13, 2026. The RSU conversions resulted in the acquisition of 164,369 shares of Class A common stock. To cover tax withholding obligations related to these RSUs and performance RSUs that vested on February 23, 2026, the issuer withheld a total of 526,486 shares of Class A common stock at $24.77 per share, which is recorded as a tax-withholding disposition rather than an open-market sale. Following these transactions, Dudum held 1,310,617 Class A shares directly, and also reported additional indirect holdings through several family trusts, including positions such as 3,004,071 shares held by the Trustee of the Dudum Family 2021 Trust and 2,214,769 shares held by the Trustee of the Dudum Family Heritage Trust UAD 8-10-2021.
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Insights
CEO RSU vesting with shares withheld for taxes looks like routine equity compensation activity.
CEO Andrew Dudum had restricted stock units convert into 164,369 Class A shares on March 13, 2026. This reflects scheduled equity compensation vesting rather than discretionary open-market buying.
To satisfy tax obligations tied to these RSUs and earlier performance RSUs vested on February 23, 2026, the company withheld 526,486 shares at $24.77 per share. These F-code dispositions are payment-in-shares for taxes, not market sales, so they carry limited signaling value.
After the transactions, Dudum directly held 1,310,617 shares and reported substantial additional indirect holdings via multiple family trusts, including 3,004,071 shares in the Dudum Family 2021 Trust. The filings show continued large exposure to the stock, consistent with ongoing alignment through equity compensation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 35,242 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 35,447 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 74,530 | $0.00 | -- |
| Exercise | Restricted Stock Unit | 19,150 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 436,190 | $24.77 | $10.80M |
| Exercise | Class A Common Stock | 164,369 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 90,296 | $24.77 | $2.24M |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- The shares of Class A Common Stock were withheld by the issuer to cover tax withholding obligations in connection with the distribution and settlement of performance restricted stock units that vested on February 23, 2026. The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU. The shares of Class A Common Stock were withheld by the issuer to cover tax withholding obligations in connection with the reported vesting and settlement of RSUs. 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 each Company Quarterly Vesting Date occurring on or after June 15, 2022. 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, 2023. 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, 2024. 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, 2025.
