Hims Insider Filing Shows Tax-Related Share Sale by COO
Chief Operating Officer Michael Chi of Hims & Hers Health (ticker: HIMS) sold 47,702 shares on August 14 to cover tax obligations related to the vesting of restricted stock unit awards. The transaction was non-discretionary and based on a pre-arranged withholding mechanism rather than an active investment decision by Chi. Chi still holds over 470,687 directly owned Class A shares post-sale, with additional unvested RSUs expected to vest quarterly through mid-2029. The stock price at the time of sale was $28.15 per share, and it closed slightly higher on August 17 at $28.61. The company has a market cap of $6.4 billion with trailing twelve-month revenue of $2.6 billion but reported net losses of $142 million for the same period.
Tickers: $HIMS
Topics: restricted stock units (RSUs) SEC filing tax obligations