Boughton Soleil 4

What Happened

• Soleil Boughton, Chief Legal Officer of Hims & Hers (HIMS), had restricted stock units (RSUs) vest and convert into 42,261 shares on June 15, 2026. To cover tax withholding obligations, the issuer withheld 23,315 of those shares (reported as a tax payment) at a recorded value of $30.17 per share, equal to $703,414. The remaining net shares delivered to Boughton were 18,946 (42,261 settled − 23,315 withheld).
• The Form 4 reports the RSU settlements as derivative conversions (multiple entries) and the withholding as a tax-payment disposition. There is no open-market sale by the insider — the “disposed” shares reflect withholding for taxes, not a voluntary sale.

Key Details

• Transaction date: June 15, 2026; Form 4 filed June 17, 2026.
• Reported amounts and prices:
  • 42,261 shares acquired via RSU conversion (derivative settlement).
  • 23,315 shares withheld for tax obligations at $30.17 per share = $703,414 (payment/disposition).
  • Multiple derivative conversion entries of 12,223; 12,099; 6,183; and 11,756 shares recorded at $0.00 (these reflect RSU-to-share settlements).
• Shares owned after the transaction: not stated in the provided filing excerpts.
• Notable footnotes:
  • F1–F6: These entries are RSUs (one RSU = one share when settled) subject to service-based, 4-year vesting schedules with various initial vesting start dates (June 15 of 2023–2026).
  • F2: Shares were withheld by the issuer to satisfy tax withholding on vesting (a routine "sell/withhold to cover" mechanism).
• Filing timeliness: Form filed two days after the transaction date; no indication in the provided data that this filing was late.

Context

• This is a routine RSU vesting + tax-withholding transaction, not an insider purchase. When RSUs vest, companies commonly withhold shares to cover taxes rather than requiring a cash payment; that withholding is reported as a disposition but does not necessarily indicate the insider sold shares for investment reasons.
• For retail investors: purchases by insiders are often seen as stronger bullish signals than routine vesting or withholding transactions. This filing documents compensation settlement rather than an incremental buy or sell decision by the officer.