Dudum Andrew 4
4 · Hims & Hers Health, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Hims & Hers (HIMS) CEO Andrew Dudum Receives RSU Settlement; Shares Withheld
What Happened
Andrew Dudum, CEO of Hims & Hers (HIMS), reported the settlement of performance and service-based restricted stock units (RSUs) that vested. The filing shows 164,369 shares were acquired on conversion/exercise of derivatives (RSU settlement). At the same time, the issuer withheld a total of 526,486 shares to satisfy tax withholding obligations, valued at $24.77 per share for a total withholding value of $13,041,058.
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 17, 2026.
- Acquired: 164,369 shares from RSU conversion (transaction code M).
- Withheld/disposed for tax withholding: 436,190 shares ($10,804,426) and 90,296 shares ($2,236,632) at $24.77 per share (transaction code F); combined value $13,041,058.
- Several zero-dollar derivative disposal lines (35,242; 35,447; 74,530; 19,150) correspond to portions of the 164,369-share RSU settlement.
- Footnotes indicate these were RSU vesting and net/share-withholding actions (not open-market sales).
- Shares owned after the transaction: not specified in the excerpt provided.
- Filing timeliness: No late filing flag indicated.
Context
- This was an RSU vesting/settlement event, not an open-market sale or new purchase. The withheld shares represent tax withholding (a common, administrative step) rather than discretionary selling by the insider.
- Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = payment of tax liability via share withholding.
- For retail investors, withholding upon vesting is routine and does not necessarily signal the insider’s view of the company’s prospects.
Insider Transaction Report
- Tax Payment
Class A Common Stock
[F1]2026-03-13$24.77/sh−436,190$10,804,426→ 1,236,544 total - Exercise/Conversion
Class A Common Stock
[F2]2026-03-13+164,369→ 1,400,913 total - Tax Payment
Class A Common Stock
[F3]2026-03-13$24.77/sh−90,296$2,236,632→ 1,310,617 total - Exercise/Conversion
Restricted Stock Unit
[F2][F4]2026-03-13−35,242→ 0 total→ Class A Common Stock (35,242 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2][F5]2026-03-13−35,447→ 141,786 total→ Class A Common Stock (35,447 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2][F6]2026-03-13−74,530→ 596,239 total→ Class A Common Stock (74,530 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2][F7]2026-03-13−19,150→ 229,805 total→ Class A Common Stock (19,150 underlying)
- 384,731(indirect: By Trust)
Class A Common Stock
- 508,030(indirect: By Trust)
Class A Common Stock
- 791,117(indirect: By Trust)
Class A Common Stock
- 186,723(indirect: By Trust)
Class A Common Stock
- 47,524(indirect: By Trust)
Class A Common Stock
- 2,214,769(indirect: By Trust)
Class A Common Stock
- 1,080,972(indirect: By Trust)
Class A Common Stock
- 3,004,071(indirect: By Trust)
Class A Common Stock
Footnotes (7)
- [F1]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.
- [F2]The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]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.
- [F7]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.