Hims CFO exercises options, sells 3,975 shares
Hims & Hers Health, Inc. Chief Financial Officer Oluyemi Okupe exercised stock options and sold the resulting shares.
Rhea-AI Filing Summary
Hims & Hers Health, Inc. Chief Financial Officer Oluyemi Okupe exercised stock options and sold the resulting shares. He exercised options for 3,975 shares of Class A Common Stock at an exercise price of $5.01 per share, then sold 3,975 shares at an average price of $19.977 per share.
The option exercise and sale were made under a Rule 10b5-1 trading plan adopted on May 21, 2025. After these transactions, he holds 318,789 shares directly and 7,853 shares indirectly through the Oluyemi Okupe Separate Property Trust dated September 1, 2021.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 3,975 shares ($59K approx. pre-tax spread)
Exercise and Sale
4 txns
Insider
Okupe Oluyemi
Role
Chief Financial Officer
Sold
3,975 shs ($79K)
Approx. gross sale proceeds
$79K
Approx. exercise cost
$20K
Approx. pre-tax spread
$59K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 3,975 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 3,975 | $5.01 | $20K |
| Sale | Class A Common Stock | 3,975 | $19.977 | $79K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 135,587 contracts (Direct);
Class A Common Stock — 318,789 shares (Direct);
Class A Common Stock — 7,853 shares (Indirect, Held by Oluyemi Okupe Separate Property Trust dtd 9-1-2021)
Footnotes (3)
- 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 $19.95-$20.02). 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. 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
Options exercised: 3,975 shares
Exercise price: $5.01 per share
Shares sold: 3,975 shares
+4 more
7 metrics
Options exercised
3,975 shares
Stock option exercise on 2026-04-06
Exercise price
$5.01 per share
Stock option exercise for Class A Common Stock
Shares sold
3,975 shares
Open-market sale on 2026-04-06
Average sale price
$19.977 per share
Weighted average sale price; range $19.95–$20.02
Direct holdings after
318,789 shares
Direct Class A Common Stock after transactions
Indirect holdings after
7,853 shares
Held by Oluyemi Okupe Separate Property Trust dtd 9-1-2021
Option expiration
2032-02-23
Expiration date for exercised stock option grant
Key Terms
Rule 10b5-1 trading plan, Exercise or conversion of derivative security, Class A Common Stock, open-market sale, +1 more
5 terms
Rule 10b5-1 trading plan financial
"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.
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Separate Property Trust financial
"Held by Oluyemi Okupe Separate Property Trust dtd 9-1-2021"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did HIMS CFO Oluyemi Okupe report on this Form 4?
HIMS CFO Oluyemi Okupe reported exercising options for 3,975 shares of Class A Common Stock at $5.01 per share, then selling 3,975 shares at an average price of $19.977 per share in an open-market transaction.
What was the exercise price and sale price in the HIMS CFO’s Form 4?
The options were exercised at $5.01 per share, and the resulting 3,975 shares were sold at an average price of $19.977 per share. A footnote notes actual sale prices ranged from $19.95 to $20.02 per share.
Does the HIMS Form 4 show remaining stock options for the CFO after this exercise?
The Form 4 shows a derivative transaction for 3,975 options that were exercised and a derivative summary with no remaining derivative positions listed, indicating this specific option block was fully exercised in the reported transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
