Form 4: Hims & Hers Health CFO Oluyemi Okupe Executes Stock Options and Sells Shares

Hims & Hers Health CFO Oluyemi Okupe exercised stock options and sold shares of Class A Common Stock on April 2, 2025, according to a Form 4 filing with the SEC.

Summary

• On April 2, 2025, Oluyemi Okupe, the Chief Financial Officer of Hims & Hers Health, Inc., exercised stock options to acquire 6,437 shares of Class A Common Stock at a price of $5.01 per share.
• Simultaneously, Okupe sold 11,581 shares of Class A Common Stock at an average price of $29.2577, with prices ranging from $28.96 to $29.525.
• Following these transactions, Okupe directly owns 124,104 shares of Class A Common Stock and holds options for 404,333 shares.
• The reported transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on May 31, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The use of a 10b5-1 trading plan suggests that these transactions were pre-planned and not based on any inside information at the time of the trades.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the use of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Form 4, Hims & Hers Health, Oluyemi Okupe, Stock Options, Class A Common Stock, SEC Filing, Rule 10b5-1 Trading Plan, Insider Trading