[Form 4] Hippo Holdings Inc. Insider Trading Activity

Rhea-AI Filing Summary

Torben Ostergaard, listed as an officer (CEO Spinnaker) of Hippo Holdings Inc. (HIPO), reported a sale of common stock on 09/10/2025. The Form 4 shows 1,358 shares disposed at a price of $36.97 per share, reducing his direct holdings to 60,975 shares after the transaction. The filing notes those holdings include 52,671 RSUs, and the form was signed on behalf of Mr. Ostergaard by an attorney-in-fact, Guy Zeltser, on 09/11/2025.

The report is a standard Section 16 disclosure of an insider sale and provides explicit details on the number of shares sold, sale price, and resulting beneficial ownership. No derivative transactions or additional material terms are reported in this filing.

Positive

• Transparent disclosure: The Form 4 clearly reports the insider sale with price and post-transaction holdings.
• Substantial RSU holdings disclosed: Filing specifies 52,671 RSUs included in the reported 60,975 shares, clarifying composition of ownership.

Negative

• Insider sale reported: 1,358 shares were disposed at $36.97, which is a reduction in direct holdings.

Insights

Corporate Governance Expert

TL;DR: Officer sale disclosed; ownership still concentrated in RSUs but the filing shows transparency and compliance with Section 16 reporting.

The Form 4 documents a straightforward disposition of 1,358 shares by Torben Ostergaard at $36.97 per share. The filing identifies him as an officer and reports remaining beneficial ownership of 60,975 shares, including 52,671 RSUs. From a governance perspective, the filing meets disclosure requirements and is signed by an attorney-in-fact, which is common for administrative execution of insider reports. The filing contains no additional derivative transactions, compensatory plan changes, or corrective amendments.

Securities Analyst

TL;DR: Insider sold a small block; transaction details are explicit but the filing does not indicate material change to overall ownership or control.

The report records a sale of 1,358 common shares at $36.97, leaving total beneficial ownership of 60,975 shares, of which 52,671 are unvested RSUs per the explanation. There are no option exercises, derivative positions, or additional dispositions listed. This is a routine Section 16 disclosure and contains the key numbers an analyst would need to update insider-holding records.

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
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

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)
09/10/2025

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	09/10/2025		F		1,358	D	$36.97	60,975(1)	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. Includes 52,671 RSUs.

Remarks:

	/s /Guy Zeltser, Attorney-in-Fact for Torben Ostergaard	09/11/2025
	** 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 sell?

He disposed of 1,358 common shares on 09/10/2025 at a price of $36.97 per share.

How many Hippo shares does Torben Ostergaard beneficially own after the transaction?

Following the reported sale, he beneficially owns 60,975 shares.

How many RSUs are included in Ostergaard's reported holdings?

The filing states that the total includes 52,671 RSUs.

Were any derivative securities reported in this Form 4?

No derivative securities (options, warrants, or convertible instruments) are reported in Table II of this filing.

Who signed the Form 4 on behalf of the reporting person?

The form was signed by Guy Zeltser, Attorney-in-Fact for Torben Ostergaard, dated 09/11/2025.