Hippo (HIPO) director Mark Schaaf reports RSU grant and vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hippo Holdings Inc. director Mark Schaaf reported routine equity compensation transactions in the company’s common stock. On June 2, he acquired 4,808 restricted stock units (RSUs), each representing one future share of common stock upon vesting. The RSUs will vest in full on the earlier of the first anniversary of the grant date or immediately before the next Annual Meeting, subject to his continued service.
On the same date, 4,738 previously granted RSUs vested and were settled into common stock. Following these awards, he directly holds 20,911 shares of common stock, which include 4,808 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Schaaf Mark
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,738 | $25.40 | $120K |
| Grant/Award | Common Stock | 4,808 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 16,103 shares (Direct, null)
Footnotes (1)
- Vesting/settlement of 4,738 RSUs originally granted on June 3, 2025 into Common Stock Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of Common Stock for each RSU upon vesting. The RSUs will vest in full upon the earlier of (i) the first anniversary of the date of grant and (ii) immediately prior to the Annual Meeting that occurs following the date of grant, subject to the Reporting Person continuing in service to the Issuer and its subsidiaries through such vesting date. Includes 4,808 RSUs.
Key Figures
New RSU grant: 4,808 RSUs
RSUs vested into shares: 4,738 RSUs
Holdings after award: 20,911 shares
+2 more
5 metrics
New RSU grant
4,808 RSUs
Grant of restricted stock units on June 2, 2026
RSUs vested into shares
4,738 RSUs
Vesting/settlement into common stock from June 3, 2025 grant
Holdings after award
20,911 shares
Common stock directly held after RSU grant, including 4,808 RSUs
RSU vesting schedule
1-year or next Annual Meeting
RSUs vest on earlier of first anniversary or next Annual Meeting
RSU share ratio
1 share per RSU
Each RSU converts into one share of common stock upon vesting
Key Terms
restricted stock units ("RSUs"), vesting/settlement, Annual Meeting, grant, award, or other acquisition
4 terms
restricted stock units ("RSUs") financial
"Constitute restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
vesting/settlement financial
"Vesting/settlement of 4,738 RSUs originally granted on June 3, 2025 into Common Stock"
Annual Meeting financial
"immediately prior to the Annual Meeting that occurs following the date of grant"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Hippo (HIPO) director Mark Schaaf report?
Mark Schaaf reported equity compensation transactions, including 4,808 new restricted stock units and the vesting of 4,738 previously granted RSUs into common stock. These are routine, non-market acquisitions rather than open-market share purchases or sales.
What are the terms of the new RSU grant to Hippo (HIPO) director Mark Schaaf?
The new grant consists of 4,808 restricted stock units, each convertible into one share of common stock. These RSUs vest in full on the earlier of the first anniversary of the grant date or immediately before the next Annual Meeting, subject to continued service.