The Lennar Foundation takes 8.0% stake in Hippo Holdings (NYSE: HIPO)
Rhea-AI Filing Summary
Hippo Holdings Inc. reports that The Lennar Foundation, Inc. beneficially owns 2,071,997 shares of common stock, representing 8.0% of the class.
The percentage is calculated using 25,970,978 shares outstanding as of February 24, 2026, per the issuer's Annual Report on Form 10-K. The filing lists sole voting power and sole dispositive power of 2,071,997 shares held by The Lennar Foundation.
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Insights
Beneficial ownership disclosure shows a single institutional holder with an 8.0% stake.
The schedule lists 2,071,997 shares and attributes both sole voting and sole dispositive power to The Lennar Foundation, Inc.. The 8.0% figure is tied to February 24, 2026 outstanding shares reported in the issuer's Form 10-K.
Ownership at this scale is material for governance visibility but does not by itself indicate a change in control or a transaction. Subsequent filings or statements would be required to show any planned sales, acquisitions, or voting coordination.
AI-generated analysis. How Rhea-AI works. Not financial advice.