Form 4: Hippo Holdings Inc. Executive Anirudh Badia Sells Shares Under 10b5-1 Trading Plan

Anirudh Badia, Chief Accounting Officer of Hippo Holdings Inc., sold 2,552 shares of common stock at an average price of $24.4888, executed under a pre-arranged 10b5-1 trading plan.

Summary

• Anirudh Badia, the Chief Accounting Officer of Hippo Holdings Inc., reported a transaction involving the sale of company stock.
• The transaction occurred on November 6, 2024, with 2,552 shares of common stock being sold.
• The shares were sold at a weighted average price of $24.4888, with individual trades ranging from $24.30 to $24.73.
• The sale was executed under a Rule 10b5-1 trading plan established on June 14, 2024.
• Following the transaction, Badia directly owns 102,315 shares, which includes 48,012 Restricted Stock Units (RSUs).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider trading activity. It is common for executives to use 10b5-1 trading plans to sell shares over time to avoid accusations of insider trading.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders, depending on the overall market perception of insider selling activity.

Key Dates