Hippo Holdings (HIPO) CFO receives 61,707-share RSU awards tied to performance
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hippo Holdings Inc. Chief Financial Officer Guy Zeltser reported two equity awards of common stock on March 2, 2026, acquiring a total of 61,707 shares at no cash cost. These awards are structured as restricted stock units (RSUs) with time-based vesting and performance conditions.
One RSU grant vests in equal quarterly installments over three years starting on February 15, 2026. Another performance-based RSU award, granted March 2, 2026, ties 50% of units to relative total shareholder return over three years, 25% to gross written premium over one year, and 25% to adjusted return on equity over one year plus an additional year of service. Following these awards, Zeltser directly holds 126,749 shares of common stock, including 111,883 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zeltser Guy
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 37,024 | $0.00 | -- |
| Grant/Award | Common Stock | 24,683 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 102,066 shares (Direct)
Footnotes (1)
- 1/12th of the RSU shares shall vest on each quarterly anniversary of February 15, 2026 over 3 years. The reported RSUs represent performance-based awards granted March 2, 2026, subject to service and performance conditions. The award consists of (i) 50% based on relative total shareholder return over a three-year performance period (vesting after three years), (ii) 25% based on gross written premium measured over a one-year performance period (vesting upon achievement), and (iii) 25% based on adjusted return on equity measured over a one-year performance period, subject to an additional one-year service requirement prior to vesting. Includes 111,883 RSUs.
FAQ
What did Hippo (HIPO) CFO Guy Zeltser report in this Form 4?
Guy Zeltser reported two equity awards totaling 61,707 shares of common stock. These are restricted stock unit (RSU) grants awarded at no cash cost, increasing his direct holdings and aligning compensation with future company and shareholder performance outcomes.
What are the vesting terms for Guy Zeltser’s new Hippo (HIPO) RSUs?
One RSU grant vests quarterly over three years starting February 15, 2026. 1/12 of the shares vest each quarter. This time-based schedule is designed to retain the executive and spread ownership increases over multiple years.
How are Hippo (HIPO) CFO’s performance-based RSUs structured?
The performance-based RSUs granted March 2, 2026 have three components. Half depend on relative total shareholder return over three years, while 25% each depend on one-year gross written premium and adjusted return on equity metrics, with an added one-year service requirement.
Are all of Hippo (HIPO) CFO’s reported RSUs immediately vested?
No, the RSUs are subject to time-based and performance-based vesting. Some vest quarterly over three years, while others depend on relative shareholder return, gross written premium, and adjusted return on equity, plus additional service requirements before vesting.