Hims & Hers Health CFO's Million-Dollar Stock Sale Signals Strong Share Performance
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
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 (2)
- F1. 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.
- F2. 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.
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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.