Hims & Hers (HIMS) CLO Boughton Soleil Converts RSUs; 21,500 Shares Withheld

What Happened
Boughton Soleil, Chief Legal Officer of Hims & Hers (HIMS), converted/exercised 42,261 restricted stock units (RSUs) on August 14, 2026. Of those, 21,500 shares were withheld by the issuer to satisfy tax withholding obligations and were reported as disposed at $28.15 per share for proceeds of $605,225. The RSU conversions show $0 exercise price lines (derivative conversion), meaning no cash exercise price was paid for the underlying shares. Net shares delivered to Soleil after withholding were 20,761 (42,261 converted − 21,500 withheld).

Key Details

• Transaction date: August 14, 2026; Form 4 filed August 18, 2026 (timely).
• Conversions: 42,261 shares reported as converted/exercised (derivative code M).
• Tax withholding: 21,500 shares withheld/disposed (code F) at $28.15 = $605,225.
• Net shares received: 20,761 (not separately sold on the open market).
• Footnotes: RSUs represent one share per RSU and vest over four years (see F1–F6); F2 confirms shares were withheld to cover tax obligations.
• Shares owned after transaction: not stated in the filing.

Context
This was a routine RSU vesting/settlement with a company share-withholding to cover taxes (a common "sell-to-cover" style settlement), not an open-market sale or purchase by the insider. The zero-dollar derivative lines reflect conversion/settlement of RSUs rather than option exercises requiring cash. Routine tax withholding transactions generally do not, by themselves, signal insider buying or selling intent.