Torben Ostergaard - 29 Jan 2025 Form 4 Insider Report for Hippo Holdings Inc. (HIPO)

Signature
/s /Stewart Ellis, Attorney-in-Fact for Torben Ostergaard
Issuer symbol
HIPO
Transactions as of
29 Jan 2025
Transactions value $
-$82,359
Form type
4
Filing time
31 Jan 2025, 17:06:15 UTC
Previous filing
10 Jan 2025
Next filing
06 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HIPO Common Stock Sale -$82.4K -3.02K -3.07% $27.25 95.3K 29 Jan 2025 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Sales were effected pursuant to a Rule 10b5-1 trading plan dated September 17, 2024.
F2 This transaction was executed in multiple trades at prices ranging from $26.97 to $27.60. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
F3 Includes 54,835 RSUs.