Form 4: Hippo Holdings Inc. Executive Michael Stienstra Disposes of Shares to Cover Tax Obligations
SEC Form 4 Filing
Michael Stienstra, GM & Chief Insurance Officer at Hippo Holdings Inc., disposed of 1,482 shares of common stock on October 18, 2024, to cover tax obligations.
Summary
- On October 18, 2024, Michael Stienstra, the GM & Chief Insurance Officer of Hippo Holdings Inc., disposed of 1,482 shares of common stock.
- The transaction was executed at a price of $19.19 per share.
- Following the transaction, Stienstra directly owns 71,104 shares of Hippo Holdings Inc., which includes 51,867 Restricted Stock Units (RSUs).
- The transaction was reported on October 22, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an insider transaction. It doesn't inherently convey positive or negative sentiment about the company's performance or prospects.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small number of shares being disposed of by an executive.
Key Dates
| Date | Description |
|---|---|
| 10/18/2024 | Date of transaction: Michael Stienstra disposed of shares. |
| 10/22/2024 | Date of report: Form 4 filing date. |
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