Carroll Patrick Harrison 4
4 · Hims & Hers Health, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
HIMS CMO Patrick Harrison Receives 16,522 Shares (RSU Conversion)
What Happened
Patrick Harrison, Chief Medical Officer and director of Hims & Hers Health, reported conversion/settlement of 16,522 restricted stock units (RSUs) into Class A common shares on March 13, 2026. As part of the settlement, 4,022 shares were withheld by the issuer to satisfy tax withholding obligations at $24.77 per share, totaling $99,625. The transaction entries show the RSU conversions/exercises (derivative code M) and the tax-withholding disposition (code F). This is an award/vesting event rather than an open‑market purchase or sale.
Key Details
- Transaction date: March 13, 2026. Filing date: March 17, 2026 (timely).
- Converted/received: 16,522 shares (RSU settlement; reported as derivative exercises/conversions, code M).
- Tax withholding: 4,022 shares withheld (reported as disposition, code F) at $24.77/share = $99,625.
- Other reported dispositions: three derivative-conversion lines totaling 16,522 shares reported with $0 proceeds (reflecting RSU conversion reporting).
- Shares owned after the transaction: not specified in the provided report excerpt.
- Footnotes: RSUs represent contingent right to one share each (F1); shares were withheld to cover tax obligations (F2); RSUs vest on a service-based 4‑year schedule with quarterly vesting dates (see F3–F5 for vesting schedule details).
Context
This was a routine equity award vesting/settlement (RSU conversion) with share withholding to cover taxes — a common cashless/net-settlement practice that does not necessarily signal the insider’s view of the stock. The report lists conversion of derivative awards (code M) and tax withholding dispositions (code F), and the filing appears timely.
Insider Transaction Report
- Exercise/Conversion
Class A Common Stock
[F1]2026-03-13+16,522→ 186,462 total - Tax Payment
Class A Common Stock
[F2]2026-03-13$24.77/sh−4,022$99,625→ 182,440 total - Exercise/Conversion
Restricted Stock Unit
[F1][F3]2026-03-13−8,149→ 24,446 total→ Class A Common Stock (8,149 underlying) - Exercise/Conversion
Restricted Stock Unit
[F1][F4]2026-03-13−4,840→ 38,717 total→ Class A Common Stock (4,840 underlying) - Exercise/Conversion
Restricted Stock Unit
[F1][F5]2026-03-13−3,533→ 42,397 total→ Class A Common Stock (3,533 underlying)
Footnotes (5)
- [F1]The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU.
- [F2]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.
- [F3]The RSUs are subject to a service-based vesting requirement, which shall be satisfied over a 4-year period, with 25% of the RSUs vesting on December 15, 2023, and the remaining 75% of the RSUs vesting in substantially equal quarterly installments over the following 3 years, on the specified vesting dates of March 15, June 15, September 15 and December 15 (each, a "Company Quarterly Vesting Date") occurring thereafter.
- [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 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.
- [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, 2025.