Hippo Holdings (HIPO) CEO McCathron sells 5,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hippo Holdings Inc. Chief Executive Officer and director Richard McCathron sold 5,000 shares of common stock on February 9, 2026 in an open-market transaction at $29.14 per share, executed under a Rule 10b5-1 trading plan dated August 29, 2025.
After this sale, McCathron beneficially owned 442,704 shares of Hippo Holdings Inc. common stock, including 181,675 restricted stock units (RSUs), all reported as held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($145,700)
Net Sell
1 txn
Insider
McCathron Richard
Role
Chief Executive Officer
Sold
5,000 shs ($146K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $29.14 | $146K |
Holdings After Transaction:
Common Stock — 442,704 shares (Direct)
Footnotes (1)
- Sales were effected pursuant to a Rule 10b5-1 trading plan dated August 29, 2025. Includes 181,675 RSUs.
FAQ
What insider transaction did Hippo Holdings (HIPO) report for Richard McCathron?
Hippo Holdings reported that CEO and director Richard McCathron sold 5,000 shares of the company’s common stock. The transaction occurred on February 9, 2026 and was reported on a Form 4 insider trading report filed under Section 16 rules.
What is the significance of the Rule 10b5-1 trading plan in this Hippo (HIPO) Form 4?
The filing notes that McCathron’s sale was made under a Rule 10b5-1 trading plan dated August 29, 2025. Such plans pre-schedule trades, allowing insiders to sell shares according to predetermined instructions, which can help separate trading activity from day-to-day discretionary decisions.
What roles does Richard McCathron hold at Hippo Holdings (HIPO)?
Richard McCathron is identified as both a director and an officer of Hippo Holdings Inc., serving as Chief Executive Officer. These roles mean he is a key executive and board member, making his share transactions subject to Section 16 reporting requirements.
Were any derivative securities reported in this Hippo (HIPO) Form 4 filing?
The Form 4 includes a section for derivative securities but shows no derivative transactions for this event. However, the explanation of responses states that McCathron’s total beneficial ownership figure includes 181,675 restricted stock units (RSUs) related to Hippo Holdings common stock.