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Executive at Hippo Holdings (HIPO) granted 24,684 stock units

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

Rhea-AI Filing Summary

Hippo Holdings Inc. reported that executive Michael Stienstra, GM & Chief Insurance, received two grants of common stock on March 2, 2026 totaling 24,684 shares at a price of $0.00 per share through awards.

After these acquisitions, his directly held common stock increased to 93,213 shares, which the disclosure notes includes 56,186 restricted stock units (RSUs). One RSU grant vests in 12 equal quarterly installments starting on February 15, 2026 over three years, while another performance-based RSU award vests based on relative total shareholder return, gross written premium, and adjusted return on equity over defined performance and service periods.

Positive

  • None.

Negative

  • None.
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).
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*
Stienstra Michael

(Last) (First) (Middle)
C/O HIPPO HOLDINGS INC., 1 ALMADEN BLVD

(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)
GM & Chief Insurance, HHIP
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 A 14,810(1) A $0.00 83,339 D
Common Stock 03/02/2026 A 9,874(2) A $0.00 93,213(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. 1/12th of the RSU shares shall vest on each quarterly anniversary of February 15, 2026 over 3 years.
2. 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.
3. Includes 56,186 RSUs.
Remarks:
/s /Guy Zeltser, Attorney-in-Fact for Michael Stienstra 03/05/2026
** 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 insider transaction did Hippo Holdings (HIPO) report for Michael Stienstra?

Hippo Holdings reported that executive Michael Stienstra acquired 24,684 common shares on March 2, 2026 through stock awards at no cost. Following these awards, his directly held common stock position increased to 93,213 shares, including a substantial component of restricted stock units (RSUs).

How many Hippo Holdings (HIPO) shares does Michael Stienstra hold after this Form 4?

After the reported awards, Michael Stienstra directly holds 93,213 Hippo Holdings common shares. The disclosure specifies that this figure includes 56,186 restricted stock units (RSUs), meaning a significant portion of his reported holdings is subject to vesting and, for some tranches, performance conditions.

What are the vesting terms for the new RSU awards at Hippo Holdings (HIPO)?

One RSU grant vests in 12 equal installments, with 1/12 of the shares vesting on each quarterly anniversary of February 15, 2026 over three years. Another performance-based RSU grant vests based on total shareholder return, gross written premium, and adjusted return on equity performance tests.

Which performance metrics affect Michael Stienstra’s performance-based RSUs at Hippo Holdings (HIPO)?

The performance-based RSUs are tied to three metrics: relative total shareholder return over a three-year performance period, gross written premium measured over one year, and adjusted return on equity over one year, with an additional one-year service requirement before full vesting of part of the award.

Are Michael Stienstra’s new Hippo Holdings (HIPO) awards time-based or performance-based?

His compensation mix includes both time-based and performance-based RSUs. One grant vests quarterly over three years based solely on continued service, while another March 2, 2026 grant depends on meeting relative shareholder return, gross written premium, and adjusted return on equity performance conditions plus specified service periods.
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Insurance - Property & Casualty
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