Andrew Dudum reports large Class A sale in Form 4 for HIMS
Rhea-AI Filing Summary
Andrew Dudum, identified as Chief Executive Officer, director and a 10% owner of Hims & Hers Health, Inc. (HIMS), reported a sale of Class A common stock on 08/07/2025. The Form 4 shows a disposition of 660,000 shares reported as a sale (code S) at an average weighted price of $50.582 per share.
The filing itemizes the reporting person’s remaining beneficial holdings held indirectly through multiple trusts. The form shows 2,214,769 shares noted alongside the Dudum Family Heritage Trust, and additional indirect trust holdings listed as 1,194,545, 990,410, 1,286,627, 534,491, 186,723, 190,126, 321,657, 1,584,506 and 829,185 shares. The Form 4 was signed by an attorney-in-fact.
Positive
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Negative
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Insights
CEO sold 660,000 HIMS shares at an average $50.582; substantial indirect holdings remain across family trusts.
The transaction reported is a sizeable single-day disposition: 660,000 Class A shares at an average weighted price of $50.582. The filing clearly documents significant residual beneficial ownership through multiple trusts, with one entry showing 2,214,769 shares associated with the Dudum Family Heritage Trust and numerous other trust holdings listed by share amounts. From a financial perspective, the sale increases available float but the Form 4 does not state rationale or any change in executive status, so material valuation implications cannot be determined from the filing alone.
Insider sale disclosed; reporting person remains CEO, director and a 10% owner with large trust-held positions.
The Form 4 complies with Section 16 reporting by disclosing an executive sale and enumerating indirect holdings held by trustees of multiple family and GRAT vehicles. The filing records both the transaction details (date and average weighted price) and the structure of ongoing indirect ownership. The document does not provide any attestations about trading plans or reasons for the sale, so governance observers can note transparency of reporting but cannot infer intent or changes to governance from this filing alone.