Assaf Wand - Dec 2, 2024 Form 4 Insider Report for Hippo Holdings Inc. (HIPO)

Role
Executive Chairman BoD, Director
Signature
/s /Stewart Ellis, Attorney-in-Fact for Assaf Wand
Stock symbol
HIPO
Transactions as of
Dec 2, 2024
Transactions value $
-$387,951
Form type
4
Date filed
12/4/2024, 04:40 PM
Previous filing
Nov 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIPO Common Stock Sale -$294K -9.34K -1.74% $31.50 526K Dec 2, 2024 See footnote F1, F2, F3
transaction HIPO Common Stock Sale -$93.4K -2.9K -0.55% $32.21 524K Dec 2, 2024 See footnote F1, F3, F4
transaction HIPO Common Stock Sale -$396 -12 0% $33.04 524K Dec 2, 2024 See footnote F1, F3
holding HIPO Common Stock 684K Dec 2, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Sales were effected pursuant to a Rule 10b5-1 trading plan adopted March 11, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $31.00 to $31.91. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 Shares held by Assaf and Liron Wand 2014 Revocable Trust.
F4 This transaction was executed in multiple trades at prices ranging from $32.01 to $32.90. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected."