Torben Ostergaard sells 6,105 HIPO shares via 10b5-1 (NYSE: HIPO)

Rhea-AI Filing Summary

Torben Ostergaard reported a sale of 6,105 shares of common stock under a 10b5-1 plan. The transaction date is 02/17/2026 and the proceeds shown are $174,391.16. The filing references Restricted Stock Units dated 05/15/2025.

Insights

Securities Counsel

Routine Rule 144/10b5-1 sale by an insider; procedural disclosure only.

The filing records a 10b5-1 plan sale of 6,105 shares on 02/17/2026 resulting in proceeds of $174,391.16. This indicates a pre-arranged sale rather than an ad hoc open-market trade.

Timing and mechanics are governed by the plan language; subsequent filings may show additional sales or withholding actions tied to the 05/15/2025 Restricted Stock Units.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1553	44804.05	25335179	02/25/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/15/2025	Restricted Stock Units	Issuer			1553	05/15/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for TORBEN OSTERGAARD One Almaden Blvd., Suite 400 San Jose CA 95113	Common	02/17/2026	6105	174391.16

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What did the HIPO Form 144 report for Torben Ostergaard?

The Form 144 reports a sale of 6,105 shares on 02/17/2026. The filing shows proceeds of $174,391.16 and references Restricted Stock Units dated 05/15/2025.

Was the sale part of a 10b5-1 plan for HIPO insider activity?

Yes. The filing explicitly lists the transaction as a 10b5-1 sale, indicating it was executed under a pre-established trading plan rather than an ad hoc trade by the reporting person.

How many shares and what proceeds did the Form 144 disclose for HIPO?

The disclosure shows 6,105 shares sold with proceeds of $174,391.16. These figures appear in the sale line dated 02/17/2026 in the filing excerpt.

Does the filing show issuance or vesting details for related RSUs?

The filing references Restricted Stock Units dated 05/15/2025, but it does not provide additional vesting schedules or issuance mechanics within the provided excerpt.