Hippo CEO sells 5,000 shares at $32.23
Hippo Holdings CEO Richard McCathron reported a small Rule 10b5-1 planned sale, retaining over half a million shares including RSUs.
Rhea-AI Filing Summary
Hippo Holdings Inc. (HIPO) reported that Chief Executive Officer and director Richard McCathron sold 5,000 shares of common stock on September 9, 2026 at $32.23 per share in an open-market transaction. The sale was effected pursuant to a Rule 10b5-1 trading plan dated August 29, 2025 and left him with 567,132 shares held directly, including 276,190 RSUs.
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Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
McCathron Richard
Role
Chief Executive Officer
Sold
5,000 shs ($161K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 5,000 | $32.23 | $161K |
Holdings After Transaction:
Common Stock — 567,132 shares (Direct)
Footnotes (2)
- F1. Sales were effected pursuant to a Rule 10b5-1 trading plan dated August 29, 2025.
- F2. Includes 276,190 RSUs.
Key Figures
Shares sold: 5,000 shares
Sale price per share: $32.23 per share
Shares held after transaction: 567,132 shares
+2 more
5 metrics
Shares sold
5,000 shares
Common stock sale reported for September 9, 2026
Sale price per share
$32.23 per share
Price for the 5,000 shares of common stock sold on September 9, 2026
Shares held after transaction
567,132 shares
Direct holdings of CEO Richard McCathron following the September 9, 2026 sale
RSUs included in holdings
276,190 RSUs
Restricted stock units included within the 567,132 post-transaction shares
Rule 10b5-1 plan date
August 29, 2025
Date of the trading plan under which the September 9, 2026 sale was effected
Key Terms
Rule 10b5-1 trading plan, RSUs, open market
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 276,190 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 market
"Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Hippo Holdings (HIPO) disclose for Richard McCathron?
Hippo Holdings disclosed that CEO and director Richard McCathron sold 5,000 shares of common stock on September 9, 2026 at $32.23 per share in an open-market transaction, as reported on a Form 4.
Was the HIPO CEO’s September 2026 stock sale under a Rule 10b5-1 plan?
Yes. The filing states that the 5,000-share sale on September 9, 2026 was effected pursuant to a Rule 10b5-1 trading plan dated August 29, 2025, indicating the trades were pre-arranged under that plan.
How many RSUs are included in the HIPO CEO’s reported holdings?
The Form 4 notes that Richard McCathron’s post-transaction direct holdings of 567,132 shares include 276,190 RSUs, which are restricted stock units tied to Hippo Holdings common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.