Hims & Hers Health (HIMS) director awarded 957 RSUs for Q1 fees
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WELLS DAVID B reported acquisition or exercise transactions in this Form 4 filing.
Hims & Hers Health, Inc. director David B. Wells received a grant of 957 restricted stock units as part of his 2026 first-quarter board compensation. The RSUs were issued in lieu of $22,000 of cash retainer and committee fees, using a grant price of $22.98 per unit. Each RSU represents a contingent right to receive one share of Class A common stock and will vest in full on the company’s next quarterly vesting date. Following this compensation grant, Wells holds 957 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WELLS DAVID B
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 957 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Unit — 957 shares (Direct, null)
Footnotes (1)
- The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU. The RSUs were issued to the Reporting Person pursuant to the Issuer's Director Compensation Policy, in lieu of the director retainer and committee membership fees for the first quarter of 2026. The number of RSUs granted was calculated by dividing the foregone cash fees of $22,000 by the grant price of $22.98. The RSUs will vest in full on the Company's next quarterly vesting date.
Key Figures
RSUs granted: 957 units
Foregone cash fees: $22,000
Grant price: $22.98
+1 more
4 metrics
RSUs granted
957 units
Director compensation grant for first quarter of 2026
Foregone cash fees
$22,000
Director retainer and committee membership fees converted to RSUs
Grant price
$22.98
Used to calculate number of RSUs from $22,000 fees
RSUs after transaction
957 units
Total RSUs held directly by David B. Wells following grant
Key Terms
Restricted Stock Unit, Director Compensation Policy, grant price, Class A Common Stock
4 terms
Restricted Stock Unit financial
"The Restricted Stock Units ("RSUs") represent a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Director Compensation Policy financial
"The RSUs were issued to the Reporting Person pursuant to the Issuer's Director Compensation Policy"
grant price financial
"calculated by dividing the foregone cash fees of $22,000 by the grant price of $22.98"
Class A Common Stock financial
"contingent right to receive one share of Class A Common Stock for each RSU"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What did Hims & Hers (HIMS) director David B. Wells receive in this Form 4?
Director David B. Wells received 957 restricted stock units as compensation. These RSUs were granted as part of his 2026 first-quarter board retainer and committee fees, replacing cash payments with equity tied to Hims & Hers Health, Inc.’s Class A common stock.
How was the HIMS director’s RSU grant amount of 957 units calculated?
The 957 RSUs were calculated by dividing foregone cash fees of $22,000 by a grant price of $22.98. This converts the director’s quarterly retainer and committee fees into equity-based compensation rather than a cash payout for the first quarter of 2026.
What does each Hims & Hers RSU granted to David B. Wells represent?
Each RSU represents a contingent right to receive one share of Hims & Hers Class A common stock. When the RSUs vest, the director is entitled to receive one share per unit, aligning his compensation more directly with the company’s share performance over time.
When will David B. Wells’ 957 HIMS RSUs vest?
The 957 RSUs will vest in full on the company’s next quarterly vesting date. Until that vesting date, they remain contingent rights, after which the RSUs convert into shares of Class A common stock if the standard vesting conditions are satisfied.
Is this Hims & Hers Form 4 a market purchase or a compensation grant?
This Form 4 reflects a compensation grant, not a market purchase. The RSUs were issued under the issuer’s Director Compensation Policy in lieu of $22,000 of cash fees, with a grant price of $22.98, and are structured as equity awards that vest on a set schedule.
How many Hims & Hers RSUs does David B. Wells hold after this transaction?
After this grant, David B. Wells holds 957 RSUs directly according to the filing. These RSUs correspond to potential future shares of Class A common stock, contingent on vesting at the company’s next quarterly vesting date under the compensation arrangement.