Hippo (NYSE: HIPO) executive has 1,438 shares withheld for tax obligations

Rhea-AI Filing Summary

Hippo Holdings Inc. executive Torben Ostergaard, CEO of Spinnaker, reported a tax-withholding disposition of 1,438 shares of common stock at $28.2089 per share, used to cover tax obligations. After this non‑market transaction, he directly holds 69,340 shares, including 63,661 RSUs.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Ostergaard Torben

Role CEO Spinnaker

Type	Security	Shares	Price	Value
Tax Withholding	Common Stock	1,438	$28.2089	$41K

Holdings After Transaction: Common Stock — 69,340 shares (Direct, null)

Footnotes (1)

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Key Figures

Tax-withholding shares: 1,438 shares Tax-withholding price: $28.2089 per share Shares held after transaction: 69,340 shares +1 more

4 metrics

Tax-withholding shares 1,438 shares Common Stock delivered to cover tax liability

Tax-withholding price $28.2089 per share Value applied to shares used for tax withholding

Shares held after transaction 69,340 shares Direct Hippo common stock holding after disposition

RSUs included in holdings 63,661 RSUs Restricted stock units included within 69,340-share total

Key Terms

tax-withholding disposition, RSUs, Common Stock

3 terms

tax-withholding disposition financial

"reported a tax-withholding disposition of 1,438 shares of common stock"

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.

RSUs financial

"A footnote clarifies that this total includes 63,661 restricted stock units (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.

Common Stock financial

"1,438 shares of common stock at $28.2089 per share"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Form 4 Insider Transactions: What Each Field Means →

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 CALIFORNIA 95113

(City) (State) (Zip)

UNITED STATES

(Country)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/27/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/27/2026		F		1,438	D	$28.2089	69,340(1)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 63,661 RSUs.

Remarks:

	/s /Guy Zeltser, Attorney-in-Fact for Torben Ostergaard	04/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

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

Hippo reported that executive Torben Ostergaard had 1,438 common shares withheld at $28.2089 per share to satisfy tax obligations. This was a tax-withholding disposition, not an open-market purchase or sale, and reflects routine handling of equity-based compensation.

Was the Hippo (HIPO) insider transaction an open-market sale?

No. The Form 4 shows a tax-withholding disposition, where 1,438 shares were delivered at $28.2089 per share to cover tax liabilities. This type of transaction is a non-market event tied to equity compensation rather than a discretionary sale into the open market.

How many Hippo (HIPO) shares does Torben Ostergaard hold after this filing?

After the reported tax-withholding disposition, Torben Ostergaard directly holds 69,340 Hippo common shares. A footnote clarifies that this total includes 63,661 restricted stock units (RSUs), which are share-based awards that typically vest over time according to company-set conditions.

What price per share was used in the Hippo (HIPO) tax-withholding transaction?

The tax-withholding disposition used a value of $28.2089 per Hippo common share. That figure applies to the 1,438 shares delivered to cover tax obligations arising from equity compensation, and does not represent a negotiated open-market trading price by the insider.

What does the RSU footnote in Hippo (HIPO) Torben Ostergaard’s Form 4 mean?

The footnote states that his reported 69,340-share holding includes 63,661 restricted stock units (RSUs). RSUs are promises of future shares, generally subject to vesting conditions, so the figure reflects both currently issued shares and equity awards that convert into shares over time.