Form 4: Hims & Hers Health Director Delos M. Cosgrove Reports Stock Vesting
SEC Form 4 Filing
Director Delos M. Cosgrove reports the vesting of restricted stock units (RSUs) into Class A Common Stock of Hims & Hers Health, Inc.
Summary
- On June 6, 2024, Delos M. Cosgrove, a director of Hims & Hers Health, Inc., had 19,707 Restricted Stock Units (RSUs) vest.
- These RSUs converted into 19,707 shares of Class A Common Stock.
- Following the transaction, Cosgrove directly owns 54,404 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock vesting, neither particularly positive nor negative.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates the vesting of previously granted equity compensation.
Stakeholder Impact
- The vesting of RSUs may have a minor dilutive effect on existing shareholders.
Key Dates
| Date | Description |
|---|---|
| 06/06/2024 | Date of transaction: RSUs vested and converted to Class A Common Stock. |
| 06/10/2024 | Date of report signature. |
| 06/15/2024 | Alternative vesting date for RSUs, if not vested at the annual meeting. |
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