Form 4: Hippo Holdings CFO Stewart Ellis Sells 3,000 Shares
SEC Form 4 Filing
Stewart Ellis, CFO of Hippo Holdings Inc., sold 3,000 shares of common stock on March 18, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On March 18, 2024, Stewart Ellis, the Chief Financial Officer of Hippo Holdings Inc., sold 3,000 shares of the company's common stock.
- The sale was executed at a weighted average price of $17.0901 per share, with individual transactions ranging from $16.71 to $17.50.
- The transaction was conducted under a Rule 10b5-1 trading plan established on September 15, 2023.
- Following the sale, Ellis directly owns 397,867 shares, including 216,400 RSUs, and indirectly owns 10,335 shares through the Desertfish Nevada Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific non-public information.
Key Dates
| Date | Description |
|---|---|
| 09/15/2023 | Date of Rule 10b5-1 trading plan |
| 03/18/2024 | Date of stock sale transaction |
| 03/20/2024 | Date of Form 4 filing |
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