Hippo Holdings (HIPO) officer sells 1,169 shares, withholds 1,340
Rhea-AI Filing Summary
Hippo Holdings Inc. (HIPO) reported that Torben Ostergaard, an officer (CEO Spinnaker), disclosed two transactions in the company’s common stock. On August 17, 2026, he sold 1,169 shares at $33.00 per share pursuant to a Rule 10b5-1 trading plan dated August 22, 2025. On August 15, 2026, 1,340 shares were disposed of at $32.8265 per share as shares delivered or withheld for payment of exercise price or tax liability. The reporting person’s disclosed holdings include 34,199 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,509 shares
Net Sell
2 txns
Insider
Ostergaard Torben
Role
CEO Spinnaker
Sold
1,169 shs ($39K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,169 | $33.00 | $39K |
| Exercise Price or Tax Liability | Common Stock | 1,340 | $32.8265 | $44K |
Holdings After Transaction:
Common Stock — 61,824 shares (Direct)
Footnotes (2)
- F1. Sales were effected pursuant to a Rule 10b5-1 trading plan dated August 22, 2025
- F2. Includes 34,199 RSUs.
Key Figures
Shares sold: 1,169 shares
Sale price: $33.00 per share
Shares delivered/withheld: 1,340 shares
+2 more
5 metrics
Shares sold
1,169 shares
Open-market or private sale of common stock on August 17, 2026
Sale price
$33.00 per share
Price for 1,169-share sale of common stock on August 17, 2026
Shares delivered/withheld
1,340 shares
Code F disposition for exercise price or tax liability on August 15, 2026
Reference price for code F transaction
$32.8265 per share
Price associated with 1,340-share code F disposition on August 15, 2026
RSUs included in holdings
34,199 RSUs
Restricted Stock Units included in the reporting person’s Hippo Holdings position
Key Terms
Rule 10b5-1 trading plan, Restricted Stock Units, Payment of exercise price or tax liability
3 terms
Rule 10b5-1 trading plan regulatory
"Sales were effected pursuant to a Rule 10b5-1 trading plan dated August 22, 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.
Restricted Stock Units financial
"Includes 34,199 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.
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
FAQ
What insider transactions did HIPO’s Torben Ostergaard report in this Form 4?
Torben Ostergaard reported a sale of 1,169 Hippo Holdings (HIPO) shares at $33.00 on August 17, 2026 and a disposition of 1,340 shares at $32.8265 on August 15, 2026 to pay exercise price or tax liability.
How many RSUs are included in Torben Ostergaard’s reported HIPO holdings?
The reporting person’s holdings in Hippo Holdings Inc. include 34,199 Restricted Stock Units (RSUs). These RSUs represent rights to receive common shares upon vesting, supplementing his directly held common stock position reported in the Form 4 transactions.
What is the overall direction of insider activity for HIPO in this Form 4?
The Form 4 shows a net disposition of Hippo Holdings (HIPO) shares by Torben Ostergaard, with a 1,169-share open-market sale and a separate 1,340-share disposition used to satisfy option exercise price or tax obligations.
AI-generated analysis. How Rhea-AI works. Not financial advice.