Hippo Holdings (HIPO) CEO now holds 572,132 shares after tax-withholding move
Rhea-AI Filing Summary
Hippo Holdings Inc. (HIPO) reported an insider equity withholding transaction by Chief Executive Officer Richard McCathron. On 2026-08-15, he disposed of 8,301 shares of common stock at $32.8265 per share in a transaction coded "F," which represents the payment of exercise price or tax liability by delivering or withholding securities, rather than an open-market sale. Following this transaction, McCathron directly holds 572,132 shares of Hippo common stock, which the disclosure states includes 276,190 RSUs.
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Insights
Analyzing...
Insider Trade Summary
Net Seller: 8,301 shares
Net Sell
1 txn
Insider
McCathron Richard
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock F1 | 8,301 | $32.8265 | $272K |
Holdings After Transaction:
Common Stock — 572,132 shares (Direct)
Footnotes (1)
- F1. Includes 276,190 RSUs.
Key Figures
Shares disposed (code F): 8,301 shares
Transaction value per share: $32.8265 per share
Shares held after transaction: 572,132 shares
+2 more
5 metrics
Shares disposed (code F)
8,301 shares
Shares delivered or withheld on 2026-08-15 for exercise price or tax liability
Transaction value per share
$32.8265 per share
Valuation used for the 8,301-share code F disposition
Shares held after transaction
572,132 shares
Direct Hippo common stock holdings of CEO following the Form 4 transaction
RSUs included in holdings
276,190 RSUs
Portion of the 572,132 post-transaction shares represented by RSUs
Exercise price or tax liability shares
8,301 shares
Shares used specifically for payment of exercise price or tax liability (code F)
Key Terms
RSUs, Restricted Stock Units, Payment of exercise price or tax liability by delivering or withholding securities
3 terms
RSUs financial
"Includes 276,190 RSUs."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Restricted Stock Units financial
"Includes 276,190 RSUs (Restricted Stock Units) in reported holdings."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Payment of exercise price or tax liability by delivering or withholding securities financial
"Transaction code F indicates payment of exercise price or tax liability by delivering or withholding securities."
FAQ
What insider transaction did Hippo Holdings Inc. (HIPO) report for Richard McCathron?
Hippo reported that CEO Richard McCathron disposed of 8,301 shares of common stock on 2026-08-15 through a code F transaction, used to pay exercise price or tax liability by delivering or withholding shares.
Was the recent HIPO insider transaction an open-market sale?
No. The transaction was coded F, meaning it reflects payment of exercise price or tax liability by delivering or withholding Hippo shares, rather than a standard open-market purchase or sale.
What does code F mean in the Hippo Holdings (HIPO) Form 4 for Richard McCathron?
Code F on the Form 4 indicates a payment of exercise price or tax liability by delivering or withholding securities. It is not characterized as a traditional market purchase or sale of Hippo shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.