Summary by Futu AI
On 12/19/2024, Michael Chi, Chief Commercial Officer of Hims & Hers Health, executed a stock transaction involving 7,500 shares. Chi first exercised derivative securities, acquiring 7,500 shares of Class A Common Stock at $13.90 per share. Subsequently, he sold the same number of shares in an open market transaction at $26.00 per share.The total value of the disposed shares amounted to $195,000. Following these transactions, Chi's direct ownership in the company stands at 193,601 shares. This series of transactions, classified as completed, demonstrates a same-day exercise and sale strategy, potentially for profit realization or portfolio rebalancing purposes.