Hims & Hers (HIMS) CFO sells 54,927 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hims & Hers Health, Inc. Chief Financial Officer Oluyemi Okupe reported option exercises and share sales under a pre-arranged Rule 10b5-1 trading plan. On April 16–17, Okupe sold a total of 54,927 shares of Class A Common Stock in open-market transactions at average prices of $25.8964 and $27.8344. He also exercised stock options for 6,184 shares at an exercise price of $5.01 per share, converting derivative awards into common stock. Following these transactions, Okupe holds 270,046 shares directly and 7,853 shares indirectly through the Oluyemi Okupe Separate Property Trust, and retains stock options representing 129,403 shares expiring on February 23, 2032.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 54,927 shares ($1,457,305)
Net Sell
5 txns
Insider
Okupe Oluyemi
Role
Chief Financial Officer
Sold
54,927 shs ($1.46M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 6,184 | $0.00 | -- |
| Exercise | Class A Common Stock | 6,184 | $5.01 | $31K |
| Sale | Class A Common Stock | 18,005 | $27.8344 | $501K |
| Sale | Class A Common Stock | 36,922 | $25.8964 | $956K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 129,403 shares (Direct, null);
Class A Common Stock — 288,051 shares (Direct, null);
Class A Common Stock — 7,853 shares (Indirect, Held by Oluyemi Okupe Separate Property Trust dtd 9-1-2021)
Footnotes (1)
- 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $25.74-$26.29. 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. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $27.70-$27.97. 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. 25% of the options will vest on the twelve (12) month anniversary of the Vesting Commencement Date of January 24, 2022. The balance of the shares shall vest in a series of thirty-six (36) successive equal monthly installments measured from the twelve (12) month anniversary of the Vesting Commencement Date, subject to optionholder's continuous Service (as defined in the Plan) as of each such vesting date.
Key Figures
Shares sold: 54,927 shares
Sale price April 16: $25.8964/share
Sale price April 17: $27.8344/share
+5 more
8 metrics
Shares sold
54,927 shares
Total Class A Common Stock sold on April 16–17, 2026
Sale price April 16
$25.8964/share
Weighted-average price for 36,922 shares sold April 16, 2026
Sale price April 17
$27.8344/share
Weighted-average price for 18,005 shares sold April 17, 2026
Options exercised
6,184 shares
Stock options converted to Class A Common Stock on April 17, 2026
Option exercise price
$5.01/share
Exercise price for stock options converted on April 17, 2026
Direct holdings after trades
270,046 shares
Direct Class A Common Stock owned by CFO after April 17, 2026
Indirect holdings (trust)
7,853 shares
Class A Common Stock held by Separate Property Trust as of April 16, 2026
Remaining options
129,403 shares
Stock options outstanding after exercise, expiring February 23, 2032
Key Terms
Rule 10b5-1 trading plan, Stock Option (right to buy), average weighted price, Separate Property Trust, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"were effected pursuant to a Rule 10b5-1 trading plan adopted on May 21, 2025"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Stock Option (right to buy) financial
"security_title": "Stock Option (right to buy)""
average weighted price financial
"Price reported constitutes the average weighted price of shares sold."
Separate Property Trust financial
"Held by Oluyemi Okupe Separate Property Trust dtd 9-1-2021"
vesting financial
"25% of the options will vest on the twelve (12) month anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transactions did HIMS CFO Oluyemi Okupe report on this Form 4?
Oluyemi Okupe reported open-market sales of Class A Common Stock and an option exercise. He sold 54,927 shares over April 16–17 and exercised stock options for 6,184 shares, converting them into common stock as part of his equity compensation.
Were the HIMS CFO’s stock sales made under a Rule 10b5-1 trading plan?
Yes. The filing states the option exercises and sales were effected under a Rule 10b5-1 trading plan adopted on May 21, 2025. Such plans pre-schedule trades, indicating these transactions were arranged in advance rather than timed opportunistically by the executive.
What stock options did the Hims & Hers CFO exercise in this Form 4?
Okupe exercised stock options covering 6,184 shares of Class A Common Stock at a $5.01 exercise price. These options are part of a grant vesting over four years, with 25% vesting after 12 months and the remainder in 36 equal monthly installments.
What option position does the HIMS CFO retain following the reported exercise?
Following the exercise of 6,184 options, the CFO still holds stock options for 129,403 shares. These options relate to Class A Common Stock with an exercise price of $5.01 per share and an expiration date of February 23, 2032, providing long-dated equity exposure.