Hippo Holdings Inc. (HIPO) officer reports 3,900-share sale under 10b5-1 plan
Rhea-AI Filing Summary
Hippo Holdings Inc. officer GM & Chief Insurance, HHIP, Michael Stienstra reported a sale of company stock. On December 22, 2025, he sold 3,900 shares of common stock at a weighted average price of $31.1194 per share, executed in multiple trades between $31.01 and $31.25. The sales were made under a pre-arranged Rule 10b5-1 trading plan dated September 21, 2025, which is designed to provide an affirmative defense for insider trading when properly used. After this transaction, Stienstra beneficially owned 71,281 shares, including 37,874 restricted stock units (RSUs), all reported as directly held.
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FAQ
What insider transaction did Hippo Holdings Inc. (HIPO) report?
Hippo Holdings Inc. reported that officer Michael Stienstra, GM & Chief Insurance, HHIP, sold 3,900 shares of common stock on December 22, 2025.
At what price did the Hippo Holdings (HIPO) insider sell shares?
The 3,900 shares were sold at a weighted average price of $31.1194 per share, from multiple trades between $31.01 and $31.25.
Was the Hippo Holdings (HIPO) insider sale under a Rule 10b5-1 plan?
Yes. The sales were effected under a Rule 10b5-1 trading plan dated September 21, 2025, as disclosed in the filing.
How many Hippo Holdings (HIPO) shares does the insider own after the sale?
Following the reported transaction, Michael Stienstra beneficially owned 71,281 shares of Hippo Holdings Inc. common stock.
How many RSUs does the Hippo Holdings (HIPO) insider hold?
The reported beneficial ownership of 71,281 shares includes 37,874 restricted stock units (RSUs).
What is the role of the reporting person at Hippo Holdings (HIPO)?
The reporting person, Michael Stienstra, is an officer of Hippo Holdings Inc., serving as GM & Chief Insurance, HHIP.