Hims & Hers Health CFO's Million-Dollar Stock Sale Signals Strong Share Performance
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hims & Hers Health (HIMS) Chief Financial Officer Oluyemi Okupe executed a planned sale of 23,107 shares of Class A Common Stock on June 23, 2025, at an average weighted price of $47.2483 per share (range: $47.15 - $47.43).
Following the transaction, Okupe's holdings include:
- 63,222 shares held directly
- 70,575 shares held indirectly through the Oluyemi Okupe Separate Property Trust
The sale was conducted under a Rule 10b5-1 trading plan established on May 31, 2024, demonstrating pre-planned, compliant insider trading activity. This transaction represents a partial reduction of the CFO's direct holdings while maintaining significant equity stake in the company through both direct and trust ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 23,107 shares ($1,091,766)
Net Sell
2 txns
Insider
Okupe Oluyemi
Role
Chief Financial Officer
Sold
23,107 shs ($1.09M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 23,107 | $47.2483 | $1.09M |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 63,222 shares (Direct);
Class A Common Stock — 70,575 shares (Indirect, Held by Oluyemi Okupe Separate Property Trust dtd 9-1-2021)
Footnotes (1)
- The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on May 31, 2024 by the Reporting Person. Price reported constitutes the average weighted price of shares sold. Shares were sold at varying prices in the range of $47.15 - $47.43. 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.
FAQ
What is the total HIMS stock ownership of CFO Oluyemi Okupe after the June 2025 transaction?
After the transaction, CFO Oluyemi Okupe owned a total of 133,797 shares of HIMS, consisting of 63,222 shares held directly and 70,575 shares held indirectly through the Oluyemi Okupe Separate Property Trust dated 9-1-2021.
Was HIMS CFO Okupe's stock sale part of a pre-planned trading arrangement?
Yes, the sales were executed pursuant to a Rule 10b5-1 trading plan that was adopted by CFO Okupe on May 31, 2024, approximately one year before the transaction.