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Insider Cluster (4 insiders) ·Filed Sep 18, 2026

HIMS

Hims & Hers Health, Inc.
BEARISH
Impact 4/10
Horizonweeks Processed1mo ago
Insider cluster: 4 insiders, $1.2M total
Actionable Insight ▼ Bearish

Watch for any subsequent 8-K filings (e.g., earnings pre-announcement, guidance change, or material agreement) in the next 2-4 weeks that could explain the cluster. The absence of a 10b5-1 plan makes these sales more likely informational.

DirectionBearish
Confidencemedium
Horizonweeks
Latest settled — T+20d ⚠ clustered
HIMS ▼ -4.09% at T+20d
SHORT call ✓ call won +4.09% · α vs SPY +3.18% · entry $29.35 → $28.15
Next anchor: T+60d in 7w
Latest observation: T+24 -7.34% FF3 residual α
Entry = T+0 close
Sep 18, 2026
via day close
T+1d
+3.68%
call -3.68% · α -3.70%
$30.43
settled 5w ago
T+5d
-1.94%
call +1.94% · α +0.92%
$28.78
settled 4w ago
T+20d
-4.09%
call +4.09% · α +3.18%
$28.15
settled 10d ago
T+60d
Pending
in 7w

Price Chart

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Executive Summary

Four senior executives at Hims & Hers Health, including the CFO, COO, CTO, and Chief Legal Officer, sold a total of $1.15M in open-market shares over a one-week window. While the dollar amount is modest relative to the company's market cap, the cluster involves multiple C-suite officers selling concurrently, which warrants attention.

Key Financial Metrics

Direction
selling
Total Value
$1.1M
Insiders
4

Key Facts

  • Four insiders sold shares in open-market transactions totaling $1.15M from Sept 15-17, 2026.
  • CFO Oluyemi Okupe sold $355K worth of shares on Sept 17.
  • COO Michael Chi sold $398K worth of shares on Sept 15.
  • CTO Mohamed Elshenawy sold $226K worth of shares on Sept 15.
  • Chief Legal Officer Soleil Boughton sold $174K worth of shares on Sept 16.
  • No 10b5-1 plan indication was noted for any of the sales.

Financial Impact

Total insider sales of $1.15M represent approximately 0.35% of HIMS market cap (~$326M).

insider sellingdilution signal

Risk Factors

  • Insider sales may signal management's view that shares are overvalued or that upcoming news is negative.
  • Cluster of C-suite officers selling concurrently increases the bearish signal's predictive weight.

Investment Themes

Healthcare & Medical Devices

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-HIMS-1789764732897
18 reports for HIMS
Performance horizon
50% Hit rate @ T+20 2 of 4 directional calls Went positive at some point 3 of 4 best @ T+20▲ +36.57%Jun 2, 2026
Filters
Rows
Reports for HIMS — sortable, filterable
TypeNow
Oct 7, 2026
19d ago
8-K
NEUTRAL ★ 3/10
$28.06awaiting T+20—$27.59 (−1.67%)
Sep 23, 2026
4w ago
Insider Cluster
BEARISH ★ 5/10
$29.28 $29.13▲ +0.51%▲ +0.09%$27.59 (+5.77%)
Sep 18, 2026
5w ago
Insider Cluster
BEARISH ★ 4/10
$29.35 $28.15▲ +4.09%▲ +3.18%$27.59 (+6.00%)
Sep 17, 2026
5w ago
Insider Cluster
BEARISH ★ 4/10
$27.99 $28.07▼ −0.29%▼ −0.08%$27.59 (+1.43%)
Aug 20, 2026
9w ago
Insider Cluster
NEUTRAL ★ 3/10
$33.78 $29.35▼ −13.11%▼ −14.13%$27.59 (−18.32%)
Aug 20, 2026
9w ago
Insider Cluster
NEUTRAL ★ 3/10
$33.78 $29.35▼ −13.11%▼ −14.13%$27.59 (−18.32%)
Aug 18, 2026
9w ago
Insider Cluster
NEUTRAL ★ 3/10
$31.09 $27.89▼ −10.29%▼ −9.45%$27.59 (−11.26%)
Aug 10, 2026
11w ago
8-K
MIXED ★ 7/10
$30.51 $27.90▼ −8.55%▼ −7.50%$27.59 (−9.57%)
Jul 1, 2026
16w ago
8-K
NEUTRAL ★ 5/10
$36.80 $27.04▼ −26.52%▼ −26.11%$27.59 (−25.03%)
Jun 17, 2026
18w ago
Insider Cluster
NEUTRAL ★ 2/10
$35.47 $33.68▼ −5.05%▼ −5.58%$27.59 (−22.22%)
Showing 10 of 18

US Market Status

Market Closed — Opens Tue (16h 37m)

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Report published Sep 18, 2026