Okupe Oluyemi 4
4 · Hims & Hers Health, Inc. · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Hims & Hers (HIMS) CFO Okupe Oluyemi Exercises RSUs, Sells Shares
What Happened
- Okupe Oluyemi, Chief Financial Officer of Hims & Hers (HIMS), had performance/restricted stock units (RSUs) settle on March 13, 2026. The filing shows an exercise/conversion (M) resulting in 105,200 shares acquired. To cover tax withholding and related obligations, the issuer withheld/disposed a total of 283,990 shares (226,081 and 57,909) at $24.77 per share, generating proceeds/withholding value of $5,600,026 and $1,434,406 respectively (combined ≈ $7,034,432).
- Several derivative entries (52,396; 18,334; 22,988; 11,482) totaling 105,200 shares appear as converted/disposed at $0, consistent with the RSU settlement and net share movement rather than an open‑market sale for cash.
Key Details
- Transaction date: March 13, 2026; Form 4 filed March 17, 2026 (filed within the usual two-business-day window — timely).
- Prices and values: withheld shares at $24.77; withheld totals: 226,081 ($5,600,026) and 57,909 ($1,434,406); combined ≈ $7.03M.
- Shares acquired via conversion: 105,200 (derivative exercise/conversion).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes: issuer withheld shares to satisfy tax withholding on vested/settled performance RSUs (see F1, F3). Footnotes F2–F7 describe RSU terms and vesting schedules (service-based, multi-year/quarterly vesting).
Context
- This activity reflects RSU vesting and net settlement/tax withholding (common routine insider activity); it is not an open‑market purchase or discretionary sale of owned shares.
- The M (exercise/conversion) entries indicate conversion of derivatives (RSUs) into common shares; the F (payment/tax withholding) entries indicate shares withheld by the issuer to cover taxes — effectively a cashless/net settlement.
Insider Transaction Report
Form 4
Okupe Oluyemi
Chief Financial Officer
Transactions
- Tax Payment
Class A Common Stock
[F1]2026-03-13$24.77/sh−226,081$5,600,026→ 276,226 total - Exercise/Conversion
Class A Common Stock
[F2]2026-03-13+105,200→ 381,426 total - Tax Payment
Class A Common Stock
[F3]2026-03-13$24.77/sh−57,909$1,434,406→ 323,517 total - Exercise/Conversion
Restricted Stock Unit
[F2][F4]2026-03-13−52,396→ 0 total→ Class A Common Stock (52,396 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2][F5]2026-03-13−18,334→ 73,338 total→ Class A Common Stock (18,334 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2][F6]2026-03-13−22,988→ 183,905 total→ Class A Common Stock (22,988 underlying) - Exercise/Conversion
Restricted Stock Unit
[F2][F7]2026-03-13−11,482→ 137,790 total→ Class A Common Stock (11,482 underlying)
Holdings
- 7,853(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 25% on March 15, 2023, and the remaining 75% 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").
- [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 each Company Quarterly Vesting Date occurring on or after 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.
Signature
/s/ Kimberly Mather, Attorney-in-Fact for Oluyemi Okupe|2026-03-17