Hippo CEO unit sells 6,105 shares under 10b5-1 plan

Hippo Holdings Inc. executive Torben Ostergaard, CEO of Spinnaker, reported two transactions in the company’s common stock.

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Rhea-AI Filing Summary

Hippo Holdings Inc. executive Torben Ostergaard, CEO of Spinnaker, reported two transactions in the company’s common stock. On February 17, 2026, he completed an open-market sale of 6,105 shares at a weighted average price of $28.5653 per share, executed under a Rule 10b5-1 trading plan dated August 22, 2025. Following this sale, he directly held 46,694 shares.

On February 15, 2026, he disposed of 2,408 shares at $28.5919 per share to cover tax withholding obligations, a common administrative transaction. A footnote states that his holdings include 42,427 restricted stock units (RSUs), which represent additional equity awards that may settle in shares over time.

Insider Trade Summary

Net Seller: 6,105 shares

Net Sell 2 txns

Insider Ostergaard Torben

Role CEO Spinnaker

Sold 6,105 shs ($174K)

Type	Security	Shares	Price	Value
Sale	Common Stock	6,105	$28.5653	$174K
Exercise Price or Tax Liability	Common Stock	2,408	$28.5919	$69K

Holdings After Transaction: Common Stock — 46,694 shares (Direct)

Footnotes (3)

F1. Sales were effected pursuant to a Rule 10b5-1 trading plan dated August 22, 2025
F2. This transaction was executed in multiple trades at prices ranging from $28.10 to $28.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3. Includes 42,427 RSUs.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Hippo Holdings (HIPO) report for Torben Ostergaard?

Torben Ostergaard reported an open-market sale of 6,105 Hippo Holdings shares and a separate 2,408-share tax-withholding disposition. Both involved the company’s common stock and were completed in mid-February 2026 at prices around $28.6 per share.

How many Hippo Holdings (HIPO) shares did Torben Ostergaard sell in the open market?

He sold 6,105 Hippo Holdings common shares in an open-market transaction. The weighted average sale price was $28.5653 per share, with trades executed between $28.10 and $28.99, as disclosed in the detailed pricing footnote.

Was Torben Ostergaard’s Hippo (HIPO) stock sale under a Rule 10b5-1 plan?

Yes. The 6,105-share open-market sale was carried out under a Rule 10b5-1 trading plan dated August 22, 2025. Such plans pre-arrange trades, helping insiders diversify holdings while reducing concerns about trading on material nonpublic information.

Why did Torben Ostergaard dispose of 2,408 Hippo (HIPO) shares on February 15, 2026?

The 2,408-share transaction was a tax-withholding disposition to cover obligations tied to equity compensation. Instead of paying cash for taxes, shares were delivered, a standard administrative mechanism often used when restricted stock or RSUs vest.

How many Hippo Holdings (HIPO) shares does Torben Ostergaard hold after these transactions?

After the February 17, 2026 sale, he directly held 46,694 Hippo Holdings common shares. A separate disclosure notes his position also includes 42,427 restricted stock units, which are equity awards that may convert into additional shares in the future.

What price range applied to Torben Ostergaard’s Hippo (HIPO) stock sale?

The 6,105-share sale was executed in multiple trades between $28.10 and $28.99 per share. The reported transaction price of $28.5653 reflects the weighted average sale price across all those individual trades executed that day.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/18/2026 - 07:04 PM

SEC Form 4

FORM 4

UNITED 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^*

Ostergaard Torben

(Last)

(First)

(Middle)

C/O HIPPO HOLDINGS INC., 1 ALMADEN BLVD

SUITE 400

(Street)

SAN JOSE

95113

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Hippo Holdings Inc. [ HIPO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	CEO Spinnaker

3. Date of Earliest Transaction (Month/Day/Year)
02/15/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/15/2026		F		2,408	D	$28.5919	52,799	D
Common Stock	02/17/2026		S⁽¹⁾		6,105	D	$28.5653⁽²⁾	46,694⁽³⁾	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Sales were effected pursuant to a Rule 10b5-1 trading plan dated August 22, 2025

2. This transaction was executed in multiple trades at prices ranging from $28.10 to $28.99. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

3. Includes 42,427 RSUs.

Remarks:

	/s /Guy Zeltser, Attorney-in-Fact for Torben Ostergaard	02/18/2026
	** Signature of Reporting Person	Date
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.

Source: View Original Filing on SEC EDGAR