Hippo director receives 4,820 RSU award
Ellis Stewart reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Ellis Stewart reported acquisition or exercise transactions in this Form 4 filing.
Hippo Holdings Inc. director Ellis Stewart received an equity grant in the form of restricted stock units (RSUs). He was awarded 4,820 RSUs, each convertible into one share of common stock upon vesting. The RSUs vest in full on the earlier of the first anniversary of the grant date or immediately before the next Annual Meeting, provided he continues serving the company and its subsidiaries through that date.
Following this award, Stewart holds 121,105 shares of common stock directly and 10,335 shares indirectly through Preservation Trust Company, Inc., as trustee of the Desertfish Nevada Trust. The grant was recorded at a price of $0.00 per share, reflecting its nature as compensation rather than a market purchase.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,820 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. Includes 4,820 RSUs.
- F3. Shares are held by Preservation Trust Company, Inc., Trustee of the Desertfish Nevada Trust.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Annual Meeting financial
vesting financial
Trustee financial
Desertfish Nevada Trust financial
FAQ
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What did Hippo Holdings (HIPO) director Ellis Stewart report in this Form 4?
How many RSUs did Ellis Stewart receive from Hippo Holdings (HIPO)?
When do Ellis Stewart’s Hippo Holdings (HIPO) RSUs vest?
Are Ellis Stewart’s new Hippo Holdings (HIPO) RSUs an open-market purchase?
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