Form 4: Hippo Executive Sells Shares for Tax Obligations
Insider Transaction Report
Hippo Holdings Inc. General Manager and Chief Insurance Officer Michael Stienstra disposed of 2,341 common shares to cover tax withholding obligations.
Summary
- Michael Stienstra, GM & Chief Insurance at Hippo Holdings Inc. (HIPO), reported a disposition of common stock.
- On August 15, 2025, Stienstra disposed of 2,341 shares of common stock.
- The shares were disposed of at a price of $30.91 per share.
- This transaction was coded as 'F', indicating a disposition to the issuer to satisfy tax withholding obligations.
- Following this transaction, Stienstra beneficially owns 78,396 shares of common stock, which includes 46,271 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: Neutral, as this is a routine compliance filing for a tax-related stock disposition, not indicative of positive or negative company performance or insider sentiment.
Future Outlook
NA
Industry Context
NA
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary sale for tax purposes by an executive.
- No direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 08/15/2025 | Date of transaction for common stock disposition. |
| 08/18/2025 | Date the Form 4 was signed by attorney-in-fact. |
Keywords
Hippo Holdings Inc., HIPO, Insider Trading, Form 4, Stock Sale, Executive Compensation, Michael Stienstra, Tax Withholding
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