Hims & Hers (NYSE: HIMS) CFO sells shares in 10b5-1 plan
Rhea-AI Filing Summary
Hims & Hers Health, Inc. (HIMS) reported that its Chief Financial Officer, Oluyemi Okupe, executed several equity transactions. On August 17, 2026, he exercised 9,388 stock options for Class A Common Stock at an exercise price of $5.01 per share, then sold 9,388 shares of Class A Common Stock at a weighted average price of $27.8869 per share pursuant to a Rule 10b5-1 trading plan. The underlying stock option award is fully vested, with 85,810 options reported as held directly after the exercise.
On August 14, 2026, multiple tranches of Restricted Stock Units (RSUs) vested and converted into an aggregate of 71,616 shares of Class A Common Stock, reflecting several service-based RSU awards that vest in substantially equal quarterly installments over four-year periods starting on June 15 of 2023, 2024, 2025, and 2026. In connection with this vesting, 36,437 shares of Class A Common Stock were withheld by the company at $28.15 per share to cover tax withholding obligations. Earlier, on June 18, 2026, Okupe sold 55,383 shares of Class A Common Stock at a weighted average price of $35.09 per share, also under the same Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F1, F10 | 9,388 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F1 | 9,388 | $5.01 | $47K |
| Sale | Class A Common Stock F1, F5 | 9,388 | $27.8869 | $262K |
| Exercise | Restricted Stock Unit F3, F6 | 18,335 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F3, F7 | 22,988 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F3, F8 | 11,482 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit F3, F9 | 18,811 | $0.00 | $0.00 |
| Exercise | Class A Common Stock F3 | 71,616 | -- | -- |
| Tax Withholding | Class A Common Stock F4 | 36,437 | $28.15 | $1.03M |
| Sale | Class A Common Stock F1, F2 | 55,383 | $35.09 | $1.94M |
Footnotes (10)
- F1. The stock option exercises and sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on May 21, 2025 by the Reporting Person.
- F2. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $34.95 - $35.36. The Reporting Person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- F3. The Restricted Stock Units ("RSUs") represent a contingent right to receive one share of Class A Common Stock for each RSU.
- F4. 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.
- F5. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $27.59 - $28.105. The Reporting Person hereby undertakes, upon request of the Commission, the issuer or a security holder of the issuer, to provide full information regarding the number of shares sold at each separate price.
- 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 Company's quarterly vesting dates, with the first such vesting date on June 15, 2023.
- 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 Company's quarterly vesting dates, with the first such vesting date on June 15, 2024.
- F8. 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 Company's quarterly vesting dates, with the first such vesting date on June 15, 2025.
- F9. 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 Company's quarterly vesting dates, with the first such vesting date on June 15, 2026.
- F10. This stock option award is fully vested.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Restricted Stock Units ("RSUs") financial
service-based vesting requirement financial
weighted price financial
tax withholding obligations financial
FAQ
What insider transactions did the HIMS CFO report on this Form 4?
What equity awards in HIMS did the CFO exercise or vest in this period?
How many HIMS stock options does the CFO hold after these transactions?
Were the HIMS CFO’s trades made under a Rule 10b5-1 trading plan?
How were taxes handled on the HIMS CFO’s RSU vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.