Okupe Oluyemi 4

What Happened Okupe Oluyemi, Chief Financial Officer of Hims & Hers (HIMS), exercised 4,489 stock options on 2026-03-20 at $5.01 per share (cost ≈ $22,490) and sold 9,217 shares in an open-market transaction for a weighted average price of $23.77, generating proceeds of about $219,067. The filing also reports the conversion/disposition of the 4,489 derivative option units (reported at $0), which is the standard reporting treatment when options are exercised and converted into common shares.

Key Details

• Transaction date: 2026-03-20; Form 4 filed 2026-03-24 (timely within the two-business-day window).
• Exercise: 4,489 shares acquired at $5.01 each (total cash paid ≈ $22,490).
• Sale: 9,217 shares sold at a weighted average price of $23.77 (proceeds ≈ $219,067); individual sale prices ranged $23.73–$23.92.
• Footnotes: Transaction executed pursuant to a Rule 10b5-1 trading plan adopted May 21, 2025 (F1). Price reported is weighted average; seller can provide per-price breakdown on request (F2). Vesting schedule for options noted in filing (F3).
• Shares owned after the transactions are not specified in the supplied summary — check the full Form 4 for post-transaction holdings.

Context This filing shows an options exercise paired with open-market sales. The separate reporting of the option conversion (derivative disposed at $0) is normal when options are exercised. The sale was conducted under a pre-established 10b5-1 plan, which is commonly used to execute trades on a preset schedule and is not, by itself, an indicator of the insider’s views.