Hippo Holdings (HIPO) CEO trades 5,000 shares in planned stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hippo Holdings Inc. Chief Executive Officer Richard McCathron reported an open-market sale of 5,000 shares of common stock on July 9, 2026 at $28.53 per share. According to the filing, the sale was effected under a Rule 10b5-1 trading plan dated August 29, 2025. Following the transaction, he directly holds 585,433 shares, which include 296,227 RSUs.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 5,000 shares ($142,650)
Net Sell
1 txn
Insider
McCathron Richard
Role
Chief Executive Officer
Sold
5,000 shs ($143K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $28.53 | $143K |
Holdings After Transaction:
Common Stock — 585,433 shares (Direct)
Footnotes (1)
- Sales were effected pursuant to a Rule 10b5-1 trading plan dated August 29, 2025. Includes 296,227 RSUs.
Key Figures
Shares sold: 5,000 shares
Sale price per share: $28.53
Shares held after transaction: 585,433 shares
+1 more
4 metrics
Shares sold
5,000 shares
Open-market sale of common stock on July 9, 2026
Sale price per share
$28.53
Price per share for the 5,000-share sale
Shares held after transaction
585,433 shares
CEO’s direct holdings following the reported sale
RSUs included in holdings
296,227 RSUs
Restricted stock units included in post-transaction holdings
Key Terms
Rule 10b5-1 trading plan, RSUs, open-market sale
3 terms
Rule 10b5-1 trading plan regulatory
"Sales were effected pursuant to a Rule 10b5-1 trading plan dated August 29, 2025"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
RSUs financial
"Includes 296,227 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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
FAQ
What insider transaction did Hippo Holdings Inc. (HIPO) report for its CEO?
Hippo Holdings Inc.’s CEO, Richard McCathron, reported an open-market sale of 5,000 common shares on July 9, 2026 at $28.53 per share, according to the Form 4 insider trading report.
What was the sale price for the Hippo Holdings Inc. (HIPO) CEO’s Form 4 transaction?
The CEO’s open-market sale was reported at a price of $28.53 per share for 5,000 shares of Hippo Holdings Inc. common stock, as disclosed in the Form 4 transaction details.