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Hippo Holdings (NYSE: HIPO) promotes Laura Boettcher to Chief Operating Officer with new pay package

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Hippo Holdings Inc. appointed Laura Boettcher as Chief Operating Officer. She previously served as COO of subsidiary Hippo Analytics Inc., and earlier held roles including Chief of Staff to the CEO and Director of Reinsurance, bringing substantial insurance and reinsurance experience.

In her new role, Boettcher’s base salary was set at $450,000, with an annual target bonus equal to 50% of base salary. Her annual restricted stock unit grant value was increased to $660,000, and her annual performance restricted stock unit grant value to $440,000, including a bridge equity grant to align 2026 awards.

Positive

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Negative

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Insights

Hippo elevates an internal operations leader to COO with enhanced equity-based pay.

Hippo Holdings promoted Laura Boettcher, previously COO of its subsidiary, to group Chief Operating Officer. This continues a pattern of drawing senior leaders from within Hippo Insurance, which may support continuity in strategy and operational execution across entities.

Her compensation mix combines a $450,000 base salary, a variable bonus at 50% of base, and significant equity via $660,000 in restricted stock units and $440,000 in performance restricted stock units. This structure aligns a large portion of pay with company performance and share value.

The bridge grant bringing 2026 equity to the new target level suggests the company wants immediate alignment between Boettcher’s incentives and her expanded responsibilities. Future proxy and compensation disclosures may show how performance goals for these awards are calibrated and whether the role change affects broader leadership structure.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
COO base salary $450,000 Annual base salary for Laura Boettcher as COO
Target bonus rate 50% of base salary Annual target bonus opportunity for COO role
Annual RSU grant value $660,000 Restricted stock units awarded annually to COO
Annual performance RSU grant value $440,000 Performance restricted stock units awarded annually to COO
Chief Operating Officer financial
"the Board appointed Laura Boettcher as the Company’s Chief Operating Officer"
A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.
restricted stock units financial
"The value of her annual grant of restricted stock units was increased to $660,000"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance restricted stock units financial
"the value of her annual grant of performance restricted stock units was increased to $440,000"
Performance restricted stock units (PRSUs) are promises to deliver company shares to employees or executives only if the business meets specific performance targets and any time-based holding rules. Think of them as a bonus that converts into stock only after set goals are reached, so investors watch PRSUs for two reasons: they can dilute existing shares if paid out, and they signal how closely management’s pay is tied to company performance.
Item 5.02 regulatory
"Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements"
Regulation S-K regulatory
"required to be disclosed pursuant to Item 401(d) of Regulation S-K"
A set of U.S. Securities and Exchange Commission rules that tell public companies which narrative and qualitative details must be disclosed in filings, such as risk factors, management discussion, executive pay, legal proceedings and business description. Think of it as a standardized checklist or blueprint that ensures investors get the same types of background information from every company so they can compare risks, management quality and strategy before making investment decisions.
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Understanding 8-K Material Events →
0001828105FALSE00018281052026-06-102026-06-10

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
Form 8-K
 
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 10, 2026
 
Hippo Holdings Inc.
(Exact Name of Registrant as Specified in Its Charter)
 
 
Delaware 001-39711 32-0662604
(State or other jurisdiction of
incorporation or organization)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification Number)
 
One Almaden Blvd., Suite 400
San Jose, California 95113
650 294-8463
(Address, including zip code, and telephone number, including area code, of Registrant’s principal executive offices)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class 
Trading
Symbol(s)
 
Name of each exchange
on which registered
Common stock, $0.0001 par value per share HIPO New York Stock Exchange
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 10, 2026, the board of directors (the “Board”) of Hippo Holdings Inc. (the “Company”) appointed Laura Boettcher as the Company’s Chief Operating Officer (the “COO”).
Ms. Boettcher, age 43, has served as the Chief Operating Officer of Hippo Analytics Inc. (“Hippo Insurance”), a subsidiary of the Company, since February 2024, overseeing daily operations and balancing the needs of Hippo Insurance’s customers with those of the business. Prior to that role, she served as Chief of Staff to the CEO at Hippo Insurance from March 2022 to January 2024, where she provided executive-level strategic support directly to the CEO and contributed to organizational strategy, cross-functional coordination, and key business initiatives across Hippo Insurance. Prior to that role, she served as Director of Reinsurance at Hippo Insurance from September 2021 to February 2022, where she managed reinsurance strategy and relationships, applying deep industry expertise to support Hippo Insurance’s risk and capital structure. Prior to joining Hippo Insurance, she was a Senior Vice President at Guy Carpenter, where she developed reinsurance strategies for personal lines clients, including Hippo Insurance. Ms. Boettcher holds a Bachelor of Arts in Psychology, a Bachelor of Science in Business Administration and Marketing, and a Master of Arts in Psychology from the University of North Carolina Wilmington.
In connection with Ms. Boettcher’s appointment as COO, her base salary was increased to $450,000 and she remained eligible for an annual target bonus equal to 50% of her base salary. The value of her annual grant of restricted stock units was increased to $660,000, and the value of her annual grant of performance restricted stock units was increased to $440,000. In connection with her appointment, Ms. Boettcher received a bridge grant of restricted stock units and performance restricted stock units to bring her 2026 equity grant value to the aforementioned levels, prorated for the portion of the year following her appointment.
There is no arrangement or understanding between Ms. Boettcher and any other person, pursuant to which she was selected as the COO. There are no family relationships between Ms. Boettcher and any director, director nominee or executive officer of the Company that would be required to be disclosed pursuant to Item 401(d) of Regulation S-K, and there are no current or proposed transactions between Ms. Boettcher and the Company that would be required to be disclosed pursuant to Item 404(a) of Regulation S-K.



SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: June 15, 2026
 
HIPPO HOLDINGS, INC.
By: /s/ GUY ZELTSER
 Guy Zeltser
 Chief Financial Officer


Source: View Original Filing on SEC EDGAR

FAQ

What leadership change did Hippo Holdings (HIPO) disclose in this 8-K?

Hippo Holdings appointed Laura Boettcher as Chief Operating Officer. She previously served as COO of Hippo Analytics Inc., a subsidiary, and earlier held senior roles including Chief of Staff to the CEO and Director of Reinsurance at Hippo Insurance, plus reinsurance leadership at Guy Carpenter.

What is Laura Boettcher’s new base salary as Hippo Holdings (HIPO) COO?

Her base salary as COO was set at $450,000. In addition, she is eligible for an annual target bonus equal to 50% of base salary, aligning part of her cash compensation with company and individual performance objectives established by the board.

How much equity compensation will the new Hippo Holdings (HIPO) COO receive?

Boettcher’s annual restricted stock unit grant value was raised to $660,000 and her annual performance restricted stock unit grant value to $440,000. She also received a bridge grant to bring her 2026 equity awards up to these new target levels, prorated from her appointment date.

What prior experience does Hippo Holdings (HIPO) COO Laura Boettcher have?

Boettcher served as COO, Chief of Staff to the CEO, and Director of Reinsurance at Hippo Insurance. Before joining Hippo, she was a Senior Vice President at Guy Carpenter, developing reinsurance strategies for personal lines clients, including Hippo Insurance, building deep industry and risk expertise.

What education background does Hippo Holdings (HIPO) COO Laura Boettcher have?

She holds a Bachelor of Arts in Psychology, a Bachelor of Science in Business Administration and Marketing, and a Master of Arts in Psychology. All degrees are from the University of North Carolina Wilmington, combining business training with a strong grounding in psychology and organizational behavior.

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