Hippo Holdings (HIPO) CFO logs ESPP grant and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hippo Holdings Inc. Chief Financial Officer Guy Zeltser reported routine equity compensation activity. On May 14, he acquired 743 shares of common stock at $22.72 per share through the company’s Employee Stock Purchase Plan. On May 15, 4,169 shares of common stock were disposed of to cover tax obligations, at a reported price of $26.4123 per share, a tax-withholding mechanism rather than an open-market sale. After these transactions, Zeltser directly held 122,232 shares of common stock, including 88,578 RSUs, reflecting ongoing alignment of his compensation with Hippo’s equity.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Zeltser Guy
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,169 | $26.4123 | $110K |
| Grant/Award | Common Stock | 743 | $22.72 | $17K |
Holdings After Transaction:
Common Stock — 122,232 shares (Direct, null)
Footnotes (1)
- Acquired pursuant to Issuer's Employee Stock Purchase Plan. Includes 88,578 RSUs.
Key Figures
ESPP shares acquired: 743 shares
ESPP purchase price: $22.72 per share
Tax-withholding shares: 4,169 shares
+3 more
6 metrics
ESPP shares acquired
743 shares
Common Stock acquired on May 14 through Employee Stock Purchase Plan
ESPP purchase price
$22.72 per share
Price for 743 ESPP-acquired common shares
Tax-withholding shares
4,169 shares
Common Stock disposed on May 15 for tax withholding
Tax-withholding price
$26.4123 per share
Value used for 4,169-share tax-withholding disposition
Shares held after transactions
122,232 shares
Total direct common shares held after May 15 transactions
RSUs included in holdings
88,578 RSUs
Restricted stock units included within 122,232 total shares
Key Terms
Employee Stock Purchase Plan, RSUs, tax-withholding disposition, grant/award acquisition
4 terms
Employee Stock Purchase Plan financial
"Acquired pursuant to Issuer's Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
RSUs financial
"Includes 88,578 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.
grant/award acquisition financial
"transaction_action: grant/award acquisition"
FAQ
What insider transactions did Hippo Holdings (HIPO) CFO Guy Zeltser report?
Hippo Holdings CFO Guy Zeltser reported an equity grant and tax withholding. He acquired 743 common shares through the Employee Stock Purchase Plan, then 4,169 shares were withheld to satisfy tax obligations, leaving him with 122,232 shares including 88,578 RSUs.
Does the Hippo Holdings (HIPO) Form 4 show any open-market buying or selling by the CFO?
The Form 4 does not show open-market buying or selling by the CFO. Instead, it reports 743 shares acquired through the Employee Stock Purchase Plan and 4,169 shares disposed of for tax withholding, both routine compensation-related transactions rather than discretionary market trades.
What is the significance of the 88,578 RSUs reported for Hippo Holdings (HIPO) CFO?
The 88,578 RSUs represent a substantial portion of the CFO’s 122,232-share position. RSUs are stock-based awards that usually vest over time, encouraging long-term alignment between the executive’s compensation and Hippo Holdings’ share performance and retention objectives.