Form 4: Hippo Holdings Officer Sells Shares Under 10b5-1 Plan

Hippo Holdings Inc. GM & Chief Insurance, Michael Stienstra, sold 3,900 shares of common stock for approximately $31.12 per share under a pre-arranged trading plan.

Summary

• Michael Stienstra, the GM & Chief Insurance of Hippo Holdings Inc. (HIPO), reported a sale of common stock.
• The transaction involved the disposition of 3,900 shares of HIPO common stock.
• The shares were sold at a weighted average price of $31.1194 per share.
• The total value of the sale was approximately $121,365.66.
• The sale occurred on December 22, 2025.
• This transaction was executed pursuant to a Rule 10b5-1 trading plan established on September 21, 2025.
• Following the reported transaction, Michael Stienstra beneficially owns 71,281 shares of common stock, which includes 37,874 Restricted Stock Units (RSUs).

Sentiment

Score: 5

Explanation: An officer sold shares, which can be perceived as neutral to slightly negative, though the sale was pre-planned under a Rule 10b5-1 trading plan, mitigating concerns about opportunistic selling.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating it was not based on new, non-public information and provides transparency.

Negatives

• An officer reduced their direct ownership in the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing reports a routine insider transaction and does not provide information related to broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: A minor reduction in insider ownership, which is generally viewed as neutral given the pre-arranged nature of the 10b5-1 plan.

Key Dates

Keywords

HIPO, Hippo Holdings, insider trading, stock sale, Michael Stienstra, 10b5-1 plan, beneficial ownership