Hippo Holdings (HIPO) executive disposes shares for tax withholding in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hippo Holdings Inc. executive Michael Stienstra, GM & Chief Insurance, reported a tax-related share disposition. On February 15, 2026, 2,752 shares of common stock were transferred at $28.5919 per share to satisfy tax withholding obligations. After this transaction, he directly owned 68,529 common shares, which the filing states include 31,502 restricted stock units (RSUs).
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stienstra Michael
Role
GM & Chief Insurance, HHIP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,752 | $28.5919 | $79K |
Holdings After Transaction:
Common Stock — 68,529 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Hippo Holdings (HIPO) report for Michael Stienstra?
Hippo Holdings reported that executive Michael Stienstra disposed of 2,752 common shares in a tax-withholding transaction. The shares were transferred on February 15, 2026, at $28.5919 per share to cover tax obligations tied to equity compensation.
Was the Hippo Holdings (HIPO) insider transaction an open-market sale?
No, the filing describes the transaction as a tax-withholding disposition, coded “F” by the SEC. This means shares were delivered to cover exercise price or tax liability, not sold as a discretionary open-market trade by the executive.
What does transaction code “F” mean in the Hippo Holdings (HIPO) Form 4?
Transaction code “F” signifies payment of exercise price or tax liability by delivering securities. In this case, 2,752 Hippo Holdings common shares were used to satisfy tax withholding requirements associated with equity compensation, rather than being sold on the open market.
What role does Michael Stienstra hold at Hippo Holdings (HIPO)?
According to the filing, Michael Stienstra serves as GM & Chief Insurance, HHIP at Hippo Holdings. His Form 4 reports a tax-withholding disposition of company shares, reflecting equity compensation management rather than a standard open-market stock sale.