STOCK TITAN

Hippo Holdings (HIPO) exec reports 1,259-share tax-withholding disposition

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hippo Holdings Inc. executive Michael Stienstra reported a routine tax-related share disposition. On May 15, 2026, 1,259 shares of common stock were delivered at $26.4123 per share to satisfy a tax obligation, classified as a tax-withholding disposition rather than an open-market sale.

After this transaction, Stienstra directly holds 91,160 shares of Hippo common stock. A footnote explains that this holding includes 37,430 RSUs, showing he retains a substantial equity position in the company despite the tax-driven share reduction.

Positive

  • None.

Negative

  • None.
Insider Stienstra Michael
Role GM & Chief Insurance, HHIP
Type Security Shares Price Value
Tax Withholding Common Stock 1,259 $26.4123 $33K
Holdings After Transaction: Common Stock — 91,160 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Tax-withholding shares 1,259 shares Common stock delivered for tax liability on May 15, 2026
Price per share $26.4123 per share Value of common stock used in tax-withholding disposition
Shares held after transaction 91,160 shares Direct Hippo common stock holdings following the Form 4 transaction
RSUs included in holdings 37,430 RSUs Restricted stock units counted within post-transaction holdings
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
RSUs financial
"Footnote states: "Includes 37,430 RSUs.""
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Stienstra Michael

(Last)(First)(Middle)
C/O HIPPO HOLDINGS INC., 1 ALMADEN BLVD

(Street)
SAN JOSE CALIFORNIA 95113

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Hippo Holdings Inc. [ HIPO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
GM & Chief Insurance, HHIP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/15/2026F1,259D$26.412391,160(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes 37,430 RSUs.
Remarks:
/s /Guy Zeltser, Attorney-in-Fact for Michael Stienstra05/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Hippo (HIPO) executive Michael Stienstra report in this Form 4?

Michael Stienstra reported a tax-withholding disposition of 1,259 Hippo common shares. The shares were delivered to cover a tax obligation, not as an open-market sale, and were priced at $26.4123 per share on May 15, 2026.

How many Hippo (HIPO) shares were involved in the tax-withholding transaction?

The filing shows 1,259 Hippo common shares were used for tax withholding. These shares were valued at $26.4123 each, reflecting a routine mechanism to satisfy tax liabilities tied to equity compensation rather than a discretionary market sale.

How many Hippo (HIPO) shares does Michael Stienstra hold after the transaction?

After the tax-withholding disposition, Michael Stienstra directly holds 91,160 Hippo common shares. A footnote states that this total includes 37,430 restricted stock units (RSUs), indicating he maintains a sizable ongoing equity stake in the company.

Was Michael Stienstra’s Hippo (HIPO) Form 4 a stock sale on the open market?

No, the Form 4 classifies the event with code F as a tax-withholding disposition. This means 1,259 shares were delivered to satisfy a tax liability or exercise cost, rather than being sold voluntarily on the open market for investment purposes.

What does the RSU footnote in Michael Stienstra’s Hippo (HIPO) filing mean?

The footnote notes that Stienstra’s reported holdings include 37,430 RSUs. RSUs are equity awards that convert into common shares over time, so this figure highlights a significant portion of his stake is tied to ongoing equity compensation arrangements.