[144] Hippo Holdings Inc. SEC Filing
Hippo Holdings Inc. (HIPO) filed a Form 144 to report a proposed sale of securities. The notice states that 5,000 common shares will be sold through Morgan Stanley Smith Barney LLC on or about 08/22/2025, with an aggregate market value of $164,800.00. The filing reports 25,028,054 shares outstanding for the class.
The shares were acquired as Restricted Stock Units from the issuer on 12/24/2020 and payment was recorded on the same date. The filer represents they are not aware of undisclosed material adverse information and indicates no securities were sold in the past three months.
- None.
- None.
Insights
TL;DR: Small, routine insider sale of RSU-derived shares; unlikely to be materially market-moving.
The Form 144 discloses a proposed sale of 5,000 common shares via Morgan Stanley with an aggregate value of $164,800. The position was acquired as Restricted Stock Units on 12/24/2020. Given the disclosed total shares outstanding (25,028,054), this filing documents a modest monetization by an insider or affiliated person rather than a large-scale disposition. The filer also certifies no undisclosed material adverse information and reports no sales in the prior three months.
TL;DR: Filing meets disclosure requirements for Rule 144; procedural compliance is evident.
The notice provides required broker details and acquisition history (RSUs dated 12/24/2020) and includes the filer representation regarding material non-public information. There are no reported sales in the past three months. From a governance perspective, the filing appears complete for the specific proposed sale and aligns with Rule 144 disclosure practices.