Form 4: Hippo Holdings CEO Sells Shares
Insider Transaction (Form 4)
Torben Ostergaard, CEO Spinnaker of Hippo Holdings Inc., sold 1,169 shares of common stock on August 15, 2026 for $33.00 per share.
Summary
- Tax/exercise-price withholding: disposed of 1,340 Common Stock at $32.83 ($43,988) on August 15, 2026; holds 62,993 after (Direct).
- Open-market sale: disposed of 1,169 Common Stock at $33.00 ($38,577) on August 17, 2026; holds 61,824 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $38,577 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Torben Ostergaard — Officer (CEO Spinnaker)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-15 | Tax/exercise-price withholding | Common Stock | 1,340 | $33 | $44.0K | 62,993 |
| 2026-08-17 | Open-market sale | Common Stock | 1,169 | $33 | $38.6K | 61,824 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-15 | Tax/exercise-price withholding (1,340 shares) |
| 2026-08-17 | Open-market sale (1,169 shares) |
Keywords
insider transaction, Form 4, HIPO, Hippo Holdings Inc., bearish, Torben Ostergaard
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