Form 4: Hims & Hers COO Gifts 5,000 Shares to Charity
Insider Transaction Report
Hims & Hers Health, Inc. Chief Operating Officer Michael Chi reported gifting 5,000 shares of Class A Common Stock to a Donor Advised Fund.
Summary
- Michael Chi, Chief Operating Officer of Hims & Hers Health, Inc. (HIMS), reported a disposition of 5,000 shares of Class A Common Stock.
- The transaction occurred on December 1, 2025, and was a gift (Code G) to a Donor Advised Fund.
- The shares were gifted at a price of $0 per share.
- This transaction was made pursuant to a Rule 10b5-1(c) plan, indicating a pre-arranged disposition.
- Following this transaction, Michael Chi beneficially owns 286,675 shares of Class A Common Stock.
- The reported beneficial ownership includes 236 shares acquired on November 20, 2025, under the Hims & Hers Health, Inc. 2020 Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reports a pre-planned gift of shares by an insider, which is a personal financial decision and not directly indicative of company performance or future prospects. The acquisition of shares via ESPP balances the disposition.
Positives
- The transaction was executed under a Rule 10b5-1 plan, indicating a pre-arranged disposition strategy rather than an immediate market reaction.
- The reporting person acquired 236 shares through the Employee Stock Purchase Plan on November 20, 2025, demonstrating continued participation in company equity programs.
Negatives
- The Chief Operating Officer disposed of 5,000 shares of Class A Common Stock, reducing their direct beneficial ownership.
Future Outlook
This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This Form 4 filing reports an individual insider transaction and does not provide information directly related to broader industry trends or competitive landscape for Hims & Hers Health, Inc.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Disclosure of Trading Plan | The reported transaction was made pursuant to a Rule 10b5-1(c) plan, which allows insiders to set up pre-scheduled trades to avoid accusations of trading on material non-public information. | 12/01/2025 | Enhances transparency and demonstrates adherence to best practices for insider trading compliance. |
Stakeholder Impact
- Shareholders: The disposition of 5,000 shares by a key executive is a minor change in overall outstanding shares and is unlikely to have a material impact on the company's stock price or valuation.
- Employees: The acquisition of shares through the Employee Stock Purchase Plan indicates continued employee participation in company equity programs.
Key Dates
| Date | Description |
|---|---|
| 11/20/2025 | Acquisition of 236 shares under the Hims & Hers Health, Inc. 2020 Employee Stock Purchase Plan. |
| 12/01/2025 | Date of transaction where 5,000 shares of Class A Common Stock were gifted. |
| 12/02/2025 | Date the Form 4 was signed by the Attorney-in-Fact for Michael Chi. |
Keywords
Hims & Hers Health, HIMS, Michael Chi, Insider Transaction, Form 4, Stock Gift, COO, 10b5-1 Plan
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