STOCK TITAN

Executive at Hippo Holdings (HIPO) sells 600 shares under 10b5-1 plan

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Hippo Holdings Inc. insider Torben Ostergaard reported an open-market sale of common stock. On February 25, 2026, he sold 600 shares of Hippo Holdings common stock in an open-market transaction at a weighted average price of $30.4435 per share, executed in multiple trades between $30.19 and $30.56.

The filing states that these sales were carried out under a pre-established Rule 10b5-1 trading plan dated August 22, 2025, which is designed to allow insiders to sell shares according to a fixed schedule. Following this sale, Ostergaard directly owned 46,094 shares of common stock, which the filing notes includes 42,427 restricted stock units (RSUs).

Positive

  • None.

Negative

  • None.

Insights

Small, pre-planned insider sale with limited standalone significance.

The filing shows Hippo Holdings executive Torben Ostergaard sold 600 common shares on February 25, 2026 at a weighted average of $30.4435 per share. The trades occurred within a narrow price band of $30.19 to $30.56.

Importantly, the sale was made under a Rule 10b5-1 trading plan adopted on August 22, 2025. Such plans pre-schedule transactions, reducing concerns that a trade reflects new, undisclosed information. After the sale, Ostergaard still held 46,094 shares, including 42,427 RSUs, so his remaining exposure to Hippo maintains substantial alignment with shareholders.

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).
X
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 CA 95113

(City) (State) (Zip)
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
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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 02/25/2026 S(1) 600 D $30.4435(2) 46,094(3) 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. Sales were effected pursuant to a Rule 10b5-1 trading plan dated August 22, 2025
2. This transaction was executed in multiple trades at prices ranging from $30.19 to $30.56. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
3. Includes 42,427 RSUs.
Remarks:
/s /Guy Zeltser, Attorney-in-Fact for Torben Ostergaard 02/27/2026
** 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.

FAQ

What did Hippo Holdings (HIPO) insider Torben Ostergaard report in this Form 4?

He reported selling 600 shares of Hippo Holdings common stock. The shares were sold on February 25, 2026 at a weighted average price of $30.4435 per share, in multiple trades between $30.19 and $30.56.

At what price did Torben Ostergaard sell Hippo Holdings (HIPO) shares?

He sold at a weighted average price of $30.4435 per share. The transaction was executed in multiple trades, with individual prices ranging from $30.19 to $30.56, as disclosed in the Form 4 footnote.

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

After the sale, he directly owned 46,094 shares of Hippo Holdings common stock. The filing notes that this figure includes 42,427 restricted stock units (RSUs), which typically vest over time based on service or performance conditions.

Was Torben Ostergaard’s Hippo Holdings (HIPO) stock sale under a 10b5-1 plan?

Yes. The Form 4 states the sale was effected under a Rule 10b5-1 trading plan. That plan was dated August 22, 2025 and pre-schedules transactions, helping separate routine liquidity sales from trades based on nonpublic information.

How many Hippo Holdings (HIPO) shares did Torben Ostergaard sell in this transaction?

He sold 600 shares of Hippo Holdings common stock. The transaction is classified as an open-market sale of non-derivative common stock, and it reduced his direct holdings from a higher prior level to 46,094 shares.

What does the Form 4 say about Torben Ostergaard’s RSUs at Hippo Holdings (HIPO)?

The filing specifies that his post-transaction total of 46,094 shares includes 42,427 restricted stock units. RSUs represent a promise of future shares, typically subject to vesting conditions, and give him additional exposure beyond currently vested stock.
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