Hippo (HIPO) director gains RSUs and stock through equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hippo Holdings Inc. director Hugh R. Frater reported equity awards in the form of common stock and restricted stock units. He acquired 4,808 shares of Common Stock at a price of $0.0000 per share as a grant or award, increasing his direct position.
On the same date, 4,738 restricted stock units vested and settled into shares of Common Stock at a reference price of $25.4000 per share, as described in the footnotes. Following these transactions, Frater directly holds 26,623 shares of Common Stock, which include 4,808 RSUs, and indirectly holds 43,054 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
FRATER HUGH R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,738 | $25.40 | $120K |
| Grant/Award | Common Stock | 4,808 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,815 shares (Direct, null);
Common Stock — 43,054 shares (Indirect, See FootNote)
Footnotes (1)
- Vesting/settlement of 4,738 RSUs originally granted on June 3, 2025 into Common Stock Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. The RSUs will vest in full upon the earlier of (i) the first anniversary of the date of grant and (ii) immediately prior to the Annual Meeting that occurs following the date of grant, subject to the Reporting Person continuing in service to the Issuer and its subsidiaries through such vesting date. Includes 4,808 RSUs.
Key Figures
RSUs vested into stock: 4,738 shares
New RSU grant: 4,808 shares
Grant price per share: $0.0000/share
+3 more
6 metrics
RSUs vested into stock
4,738 shares
RSUs originally granted on June 3, 2025, settled into Common Stock
New RSU grant
4,808 shares
RSU grant with each unit equal to one share upon vesting
Grant price per share
$0.0000/share
Price per share for 4,808-share grant or award
RSU vesting reference price
$25.4000/share
Reference price for 4,738 RSUs vesting into Common Stock
Direct holdings after transactions
26,623 shares
Common Stock directly held by Hugh R. Frater following awards
Indirect holdings after transactions
43,054 shares
Common Stock indirectly held following reported transactions
Key Terms
restricted stock units ("RSUs"), vesting, Annual Meeting, grant, award, or other acquisition
4 terms
restricted stock units ("RSUs") financial
"Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vesting financial
"The RSUs will vest in full upon the earlier of (i) the first anniversary of the date of grant and (ii) immediately prior to the Annual Meeting that occurs following the date of grant"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Annual Meeting financial
"immediately prior to the Annual Meeting that occurs following the date of grant"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Hippo (HIPO) director Hugh R. Frater report?
Hugh R. Frater reported equity awards in Hippo common stock. He received 4,808 shares as a stock grant and 4,738 shares from vesting restricted stock units, all on June 2, 2026, with no open-market purchases or sales disclosed.
What RSU grant did Hugh R. Frater receive from Hippo (HIPO)?
Frater received a grant of 4,808 restricted stock units at a stated price of $0.0000 per share. Each RSU entitles him to one share of Hippo common stock upon vesting, subject to his continued service with the company and its subsidiaries through the vesting date.
What RSU vesting transaction is disclosed for Hippo (HIPO) director Hugh R. Frater?
The filing shows 4,738 RSUs originally granted on June 3, 2025 vested and settled into Hippo common stock. These vested units converted into shares at a reference price of $25.4000 per share, reflecting previously awarded compensation now delivered in stock.
What are the vesting terms of Hugh R. Frater’s new RSUs from Hippo (HIPO)?
The RSUs vest in full on the earlier of the first anniversary of the grant date or immediately before the next Annual Meeting after grant. Vesting is conditioned on Frater’s continued service with Hippo Holdings Inc. and its subsidiaries through the applicable vesting date.
Does this Hippo (HIPO) Form 4 show any stock sales by Hugh R. Frater?
The Form 4 reflects grants and vesting of equity awards, not open-market sales. Transactions coded as awards and RSU settlements increased Frater’s shareholdings, and the transaction summary shows no reported sales or dispositions of Hippo common stock in this filing.