Form 4: Hims & Hers Health Executive Michael Chi Reports Stock Transactions

Chief Commercial Officer Michael Chi reports the vesting and settlement of Restricted Stock Units (RSUs) and associated tax withholding, resulting in changes to his beneficial ownership of Hims & Hers Health, Inc. stock.

Summary

• On March 14, 2025, Michael Chi, Chief Commercial Officer of Hims & Hers Health, Inc., reported transactions involving Class A Common Stock and Restricted Stock Units (RSUs).
• These transactions involved the vesting and settlement of RSUs, resulting in the acquisition of 76,508 shares of Class A Common Stock.
• 42,305 shares were withheld by the issuer to cover tax obligations related to the RSU vesting.
• The price per share for the tax withholding was $33.14.
• Following these transactions, Chi's direct ownership includes 227,804 shares of Class A Common Stock and various amounts of RSUs with different vesting schedules.
• The RSUs vest over a 4-year period in quarterly installments, contingent on continued service.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The reporting person will continue to vest in RSUs over the next several years, subject to continued service with the company.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency into the executive's holdings and any changes due to vesting or other transactions.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect routine executive compensation and ownership changes.

Key Dates