Hippo executive receives new RSU stock awards
Hippo Holdings Inc. executive Torben Ostergaard reported acquiring two grants of common stock on March 2, 2026, through restricted stock unit (RSU) awards covering 14,810 and 9,874 shares at no cash cost.
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Rhea-AI Filing Summary
Hippo Holdings Inc. executive Torben Ostergaard reported acquiring two grants of common stock on March 2, 2026, through restricted stock unit (RSU) awards covering 14,810 and 9,874 shares at no cash cost. One RSU grant vests in 12 equal quarterly installments starting February 15, 2026 over three years.
The other RSU grant is performance-based, with 50% tied to relative total shareholder return over a three-year period, 25% tied to gross written premium over one year, and 25% tied to adjusted return on equity over one year plus an additional one-year service requirement. Following these awards, his direct holdings include 67,111 RSUs within his reported share balance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,810 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 9,874 | $0.00 | $0.00 |
Footnotes (3)
- F1. 1/12th of the RSU shares shall vest on each quarterly anniversary of February 15, 2026 over 3 years.
- F2. The reported RSUs represent performance-based awards granted March 2, 2026, subject to service and performance conditions. The award consists of (i) 50% based on relative total shareholder return over a three-year performance period (vesting after three years), (ii) 25% based on gross written premium measured over a one-year performance period (vesting upon achievement), and (iii) 25% based on adjusted return on equity measured over a one-year performance period, subject to an additional one-year service requirement prior to vesting.
- F3. Includes 67,111 RSUs.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Hippo Holdings (HIPO) report for Torben Ostergaard?
How do Torben Ostergaard’s time-based RSUs at Hippo Holdings (HIPO) vest?
What performance metrics affect Torben Ostergaard’s RSUs at Hippo Holdings (HIPO)?
When were Torben Ostergaard’s performance-based RSUs at Hippo Holdings (HIPO) granted?
How many RSUs are currently included in Torben Ostergaard’s Hippo Holdings (HIPO) holdings?
Are Torben Ostergaard’s recent Hippo Holdings (HIPO) awards open-market purchases?
AI-generated analysis. How Rhea-AI works. Not financial advice.