Form 4: Hippo Holdings Director Eric Feder Reports Stock Transaction
SEC Form 4 Filing
Director Eric Feder reports acquisition of 400 shares of Hippo Holdings Inc. common stock and vesting of 400 RSUs.
Summary
- On August 2, 2024, Eric Feder, a director of Hippo Holdings Inc., acquired 400 shares of common stock at a price of $16.03.
- This acquisition was due to the vesting/settlement of 400 Restricted Stock Units (RSUs) originally granted on October 4, 2021.
- Following the transaction, Feder directly owns 17,077 shares of common stock, which includes 5,801 RSUs.
- Feder also indirectly owns 5,000 shares through Beep Investments, LLC.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine stock transaction by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect broader industry trends but offers insight into the actions of a key individual within Hippo Holdings.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares relative to the company's overall outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 10/04/2021 | Original grant date of 400 RSUs that vested/settled into common stock. |
| 08/02/2024 | Date of transaction: acquisition of 400 shares of common stock due to RSU vesting. |
| 08/06/2024 | Date of signature for the Form 4 filing. |
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