Hippo (NYSE: HIPO) executive uses 794 shares to cover tax obligations
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hippo Holdings Inc. executive Michael Stienstra, GM & Chief Insurance, HHIP, reported a routine tax-related share disposition. On April 27, 2026, 794 shares of common stock were delivered at $28.2089 per share to satisfy tax obligations tied to equity compensation. After this transaction, he holds 92,419 common shares directly, including 54,161 RSUs, indicating he retains a substantial equity position in the company.
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 | 794 | $28.2089 | $22K |
Holdings After Transaction:
Common Stock — 92,419 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Tax-withholding shares: 794 shares
Tax-withholding price: $28.2089 per share
Shares held after transaction: 92,419 shares
+1 more
4 metrics
Tax-withholding shares
794 shares
Common stock delivered for tax obligations on April 27, 2026
Tax-withholding price
$28.2089 per share
Value assigned to shares used for tax withholding
Shares held after transaction
92,419 shares
Total common shares directly held following the Form 4 transaction
RSUs included in holdings
54,161 RSUs
Restricted stock units included within total direct holdings
Key Terms
RSUs, tax-withholding disposition, Common Stock, Form 4
4 terms
RSUs financial
"Includes 54,161 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.
Common Stock financial
""security_title": "Common Stock""
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 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Hippo Holdings (HIPO) report for Michael Stienstra?
Hippo’s GM & Chief Insurance, HHIP, Michael Stienstra reported a tax-related share disposition. On April 27, 2026, 794 common shares were delivered to cover tax obligations tied to equity compensation, a routine non-market transaction.
What does the RSU footnote in the Hippo (HIPO) Form 4 indicate?
The footnote states that Stienstra’s holdings include 54,161 RSUs. This means a portion of his 92,419 reported shares represents restricted stock units that typically vest over time, aligning his compensation with Hippo’s future performance.
Is the Hippo (HIPO) Form 4 transaction likely to be material for investors?
The Form 4 describes a routine tax-withholding disposition of 794 shares, a small portion of Stienstra’s 92,419-share position. Such tax-related equity transactions are generally administrative and do not usually signal a change in company outlook.