Form 4: Hippo Holdings Inc. Executive Yuval Harry Disposes of Shares to Cover Tax Obligations
SEC Form 4
Yuval Harry, Chief Revenue Officer of Hippo Holdings Inc., disposed of 2,836 shares of common stock on October 18, 2024, to satisfy tax withholding obligations related to the vesting of restricted stock units.
Summary
- On October 18, 2024, Yuval Harry, the Chief Revenue Officer of Hippo Holdings Inc., disposed of 2,836 shares of the company's common stock.
- The transaction was executed to cover tax obligations associated with the vesting of restricted stock units (RSUs).
- The shares were disposed of at a price of $19.19 per share.
- Following the transaction, Harry Yuval directly owns 97,251 shares, including 59,900 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly sway investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 10/18/2024 | Date of the transaction where 2,836 shares were disposed of. |
| 10/22/2024 | Date of signature for the Form 4 filing. |
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