Hippo (NYSE: HIPO) CFO transfers 1,091 shares in tax-withholding move
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hippo Holdings Inc. Chief Financial Officer Guy Zeltser reported a routine tax-related share transfer. On April 27, 2026, 1,091 shares of common stock were disposed of at an implied value of $28.2089 per share to satisfy tax obligations by delivering shares rather than cash. Following this transaction, he directly owned 125,658 shares of common stock, including 109,858 restricted stock units (RSUs), indicating the move was a small, compensation-driven adjustment rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Zeltser Guy
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,091 | $28.2089 | $31K |
Holdings After Transaction:
Common Stock — 125,658 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares used for tax withholding: 1,091 shares
Implied value per share: $28.2089 per share
Shares held after transaction: 125,658 shares
+1 more
4 metrics
Shares used for tax withholding
1,091 shares
Common stock disposed on April 27, 2026 via code F
Implied value per share
$28.2089 per share
Value applied to the 1,091-share tax-withholding disposition
Shares held after transaction
125,658 shares
Direct common stock holdings following the Form 4 event
RSUs included in holdings
109,858 RSUs
Restricted stock units included in post-transaction share count
Key Terms
RSUs, tax-withholding disposition, Payment of exercise price or tax liability by delivering securities
3 terms
RSUs financial
"Includes 109,858 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.
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.
Payment of exercise price or tax liability by delivering securities financial
"transaction_code_description": "Payment of exercise price or tax liability by delivering securities""
FAQ
What insider transaction did Hippo (HIPO) report for CFO Guy Zeltser?
Hippo’s CFO Guy Zeltser reported a tax-withholding disposition of shares. On April 27, 2026, 1,091 common shares were delivered to cover tax obligations, rather than being sold in the open market, as part of equity compensation mechanics.
Is the Hippo (HIPO) CFO’s Form 4 transaction an open-market sale?
No, the transaction is coded “F,” meaning a tax-withholding disposition. Shares were delivered to satisfy tax liabilities on equity compensation, rather than sold through the market, so it does not represent a conventional open-market sale by the CFO.
What are the 109,858 RSUs mentioned in Hippo (HIPO) CFO’s holdings?
The 109,858 RSUs are restricted stock units included in the CFO’s reported holdings. RSUs are share-based awards that generally convert into common stock upon vesting, aligning executive compensation with company performance and retention objectives over a specified period.