Hippo Holdings (HIPO) director boosts stake with RSU award
Rhea-AI Filing Summary
Hippo Holdings Inc. (HIPO) reported that director Ellis Stewart acquired 5,350 shares of common stock on August 15, 2026 through the vesting of restricted stock units originally granted in connection with prior employment. Following this grant/award acquisition, Stewart directly holds 126,455 shares of Hippo common stock, which includes 15,518 restricted stock units (RSUs).
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Insider Trade Summary
Net Buyer: 5,350 shares
Net Buy
1 txn
Insider
Ellis Stewart
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 5,350 | $33.04 | $177K |
Holdings After Transaction:
Common Stock — 126,455 shares (Direct)
Footnotes (2)
- F1. Represents shares acquired upon vesting of restricted stock units originally granted in connection with the Reporting Person's prior employment with the Issuer.
- F2. Includes 15,518 RSUs.
Key Figures
Shares acquired: 5,350 shares
Reported value per share: $33.04 per share
Shares held after transaction: 126,455 shares
+1 more
4 metrics
Shares acquired
5,350 shares
Common stock received on August 15, 2026 upon RSU vesting
Reported value per share
$33.04 per share
Value associated with the 5,350 acquired shares
Shares held after transaction
126,455 shares
Total direct Hippo common stock holdings following the award
RSUs included in holdings
15,518 RSUs
Restricted stock units included within post-transaction total holdings
Key Terms
restricted stock units, RSUs, grant, award, or other acquisition, non-derivative
4 terms
restricted stock units financial
"Represents shares acquired upon vesting of restricted stock units originally granted"
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.
RSUs financial
"Includes 15,518 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.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
non-derivative financial
"transaction_type": "non-derivative""
FAQ
What insider transaction did Ellis Stewart report at Hippo Holdings Inc. (HIPO)?
Ellis Stewart reported acquiring 5,350 shares of Hippo Holdings common stock on August 15, 2026. The shares were received upon vesting of restricted stock units granted in connection with prior employment with Hippo Holdings Inc.
Was Ellis Stewart’s Hippo (HIPO) transaction a market purchase or a grant/award?
The transaction is a grant/award acquisition, not an open-market purchase. The 5,350 shares were acquired upon vesting of restricted stock units originally granted in connection with Stewart’s prior employment with Hippo Holdings Inc.
Does Ellis Stewart’s Hippo (HIPO) Form 4 involve any derivative securities?
This Form 4 reports only a non-derivative common stock transaction tied to RSU vesting. A related footnote states the post-transaction holdings include 15,518 RSUs, but no separate derivative transactions are listed in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.