Chi Michael 4

What Happened

• Michael Chi, Chief Operating Officer of Hims & Hers Health, Inc. (HIMS), was granted 376,222 restricted stock units (RSUs) on 2026-03-11. The grant is reported as a derivative award (price $0.00); each RSU is a contingent right to one share of Class A common stock upon vesting.

Key Details

• Transaction date: 2026-03-11 (reported on Form 4 filed 2026-03-13)
• Transaction type/code: Award/Grant (A) — 376,222 RSUs; reported acquisition value $0.00 (derivative)
• Vesting: Service-based over 4 years, vesting in substantially equal quarterly installments on Mar 15, Jun 15, Sep 15 and Dec 15; first vesting date is June 15, 2026 (see footnotes F1 & F2)
• Shares owned after transaction: Not specified in the provided filing
• Filing timeliness: Form 4 filed two days after the grant date (appears timely within required reporting window)

Context

• RSUs are a common retention/compensation tool: they do not represent immediate stock purchases or sales and convert to actual shares only as they vest. Such grants are routine for executives and do not by themselves indicate a buying or selling signal until (and unless) shares are sold after vesting.