Form 4: Hippo Holdings Inc. Executive Yuval Harry Reports Stock Transactions
SEC Form 4
Yuval Harry, Chief Revenue Officer of Hippo Holdings Inc., reports exercising stock options and selling shares on March 22, 2024.
Summary
- On March 22, 2024, Yuval Harry, the Chief Revenue Officer of Hippo Holdings Inc., engaged in transactions involving the company's common stock.
- Harry exercised stock options to acquire 3,855 shares at $8.50, 3,333 shares at $8.50 and 5,998 shares at $4.00.
- Concurrently, Harry sold 1,752 shares at a weighted average price of $17.2505, 5,998 shares at a weighted average price of $17.1919, 3,333 shares at a weighted average price of $17.1968, and 3,855 shares at a weighted average price of $17.1793.
- Following these transactions, Harry directly owns 145,162 shares of Hippo Holdings Inc., which includes 94,719 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a standard disclosure of stock transactions by an executive.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 01/23/2023 | Options representing the right to purchase common stock of the Issuer, was granted under the 2019 Stock Option and Grant Plan and was fully vested and exercisable as to all underlying shares. |
| 05/13/2023 | Options representing the right to purchase common stock of the Issuer, was granted under the 2019 Stock Option and Grant Plan and was fully vested and exercisable as to all underlying shares. |
| 02/01/2022 | Options representing the right to purchase common stock of the Issuer, was granted under the 2019 Stock Option and Grant Plan and was fully vested and exercisable as to all underlying shares. |
| 03/22/2024 | Date of stock option exercise and sale transactions. |
| 03/26/2024 | Date of Form 4 filing. |
| 01/22/2029 | Expiration date of some stock options. |
| 05/14/2029 | Expiration date of some stock options. |
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