Hippo Holdings (HIPO) CEO McCathron sells 5,000 shares in Rule 10b5-1 trade
Rhea-AI Filing Summary
Hippo Holdings Inc. director and Chief Executive Officer Richard McCathron reported a sale of 5,000 shares of common stock on August 10, 2026 at $32.00 per share, characterized as a sale in the open market or a private transaction. The company notes the sales were effected under a Rule 10b5-1 trading plan dated August 29, 2025. Following this transaction, McCathron directly holds 580,433 shares of common stock, which the company discloses include 296,227 RSUs.
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Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
McCathron Richard
Role
Chief Executive Officer
Sold
5,000 shs ($160K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 5,000 | $32.00 | $160K |
Holdings After Transaction:
Common Stock — 580,433 shares (Direct)
Footnotes (2)
- F1. Sales were effected pursuant to a Rule 10b5-1 trading plan dated August 29, 2025.
- F2. Includes 296,227 RSUs.
Key Figures
Shares sold: 5,000 shares
Sale price per share: $32.00 per share
Shares held after transaction: 580,433 shares
+2 more
5 metrics
Shares sold
5,000 shares
Non-derivative sale of common stock on August 10, 2026
Sale price per share
$32.00 per share
Price for the 5,000 shares of common stock sold
Shares held after transaction
580,433 shares
Directly held by CEO Richard McCathron following the sale
RSUs included in holdings
296,227 RSUs
Restricted Stock Units included within post-transaction direct holdings
Rule 10b5-1 plan date
August 29, 2025
Date of the trading plan under which the sale was effected
Key Terms
Rule 10b5-1 trading plan, RSUs, Restricted Stock Units
3 terms
Rule 10b5-1 trading plan regulatory
"Sales were effected pursuant to a Rule 10b5-1 trading plan dated August 29, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
RSUs financial
"Includes 296,227 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 296,227 RSUs."
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Hippo Holdings Inc. (HIPO) report for Richard McCathron?
Hippo Holdings Inc. reported that CEO Richard McCathron sold 5,000 shares of common stock on August 10, 2026 at $32.00 per share, described as a sale in the open market or a private transaction.
Was the August 10, 2026 HIPO insider sale under a Rule 10b5-1 plan?
Yes. The filing states the sales were effected pursuant to a Rule 10b5-1 trading plan dated August 29, 2025, indicating the trades were pre-arranged under that plan rather than made on an ad hoc basis.
What is the size of the Hippo Holdings (HIPO) insider sale in the Form 4 filing?
The Form 4 reports that CEO Richard McCathron sold 5,000 shares of Hippo Holdings common stock at a price of $32.00 per share. It is a single reported non-derivative transaction categorized as a sale in the open market or a private transaction.
Does the HIPO Form 4 mention Restricted Stock Units (RSUs) held by the CEO?
Yes. A footnote states that the 580,433 shares reported as directly held by CEO Richard McCathron include 296,227 RSUs, providing clarity on how much of his position is composed of Restricted Stock Units.