Michael Stienstra - 15 Feb 2025 Form 4 Insider Report for Hippo Holdings Inc. (HIPO)

Signature
/s /Stewart Ellis, Attorney-in-Fact for Michael Stienstra
Issuer symbol
HIPO
Transactions as of
15 Feb 2025
Net transactions value
-$161,177
Form type
4
Filing time
19 Feb 2025, 18:59:06 UTC
Previous filing
19 Nov 2024
Next filing
06 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIPO Common Stock Tax liability $91,263 -3,031 -4.7% $30.11 61,977 15 Feb 2025 Direct F1
transaction HIPO Common Stock Sale $69,913 -2,329 -3.8% $30.02 59,648 18 Feb 2025 Direct F1, F2, F3
* 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 Includes 36,489 RSUs.
F2 Sales were effected pursuant to a Rule 10b5-1 trading plan dated March 21, 2024.
F3 This transaction was executed in multiple trades at prices ranging from $29.94 to $30.15. 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.