Form 4: Hippo Holdings CFO Stewart Ellis Reports Stock Disposal to Cover Tax Obligations

Stewart Ellis, CFO of Hippo Holdings Inc., disposed of 14,464 shares of common stock on February 15, 2025, to cover tax obligations arising from RSU vesting.

Summary

• On February 15, 2025, Stewart Ellis, the CFO and Chief Strategy Officer of Hippo Holdings Inc., disposed of 14,464 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations related to the vesting of Restricted Stock Units (RSUs).
• The sale price was $30.11 per share.
• Following the transaction, Ellis directly owns 303,751 shares of Hippo Holdings Inc. common stock, including 92,400 RSUs.
• Ellis also indirectly owns 10,335 shares held by Preservation Trust Company, Inc., Trustee of the Desertfish Nevada Trust.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction to cover tax obligations and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This transaction is a common occurrence where executives sell shares to cover tax obligations related to the vesting of stock-based compensation.

Key Dates

Keywords

Form 4, Hippo Holdings Inc., Stewart Ellis, CFO, Stock Disposal, RSUs, Beneficial Ownership, Tax Obligations