Hims & Hers' Chief Accounting Officer Is Leaving
Irene Becklund, chief accounting officer of Hims & Hers Health (ticker: HIMS), is leaving her role and has sold 6,490 shares as part of a non-discretionary transaction. The sale was triggered by the vesting of restricted stock units awarded in June 2023, with proceeds totaling $183,000 at an average price of $28.15 per share. Becklund will remain on staff until October and then serve as a consultant while the company searches for her replacement. Becklund's remaining direct equity stake is now 13,985 shares valued at approximately $393,677. The stock has declined by 40% over the past year, closing at $28.15 on August 14 and rising slightly to $28.61 as of August 17. Hims & Hers reported a trailing twelve-month revenue of $2.6 billion but remains unprofitable with net losses totaling $142 million. The departure raises questions about the stability of the finance function during this transition period, though Becklund's sale itself is not seen as particularly significant from an insider trading perspective.
Tickers: $HIMS