NICHOLS JOHN DRAKE 4

What Happened

• John Nichols (Director) had 4,738 restricted stock units (RSUs) vest and convert into 4,738 shares of Hippo common stock on 2026-06-02 at an implied value of $25.40 per share (total value $120,345). The filing also shows 4,808 RSUs reported as acquired/granted at $0 (non-cash award).

Key Details

• Transaction date: 2026-06-02; filing date: 2026-06-04 (filed within the typical 2-business-day reporting window).
• Vesting/settlement: 4,738 RSUs → 4,738 shares @ $25.40 = $120,345 (Footnote F1).
• Additional RSUs: 4,808 RSUs reported as awards/units at $0; each RSU converts to one share upon vesting (Footnotes F2, F3).
• Shares owned after transaction: Not disclosed in this Form 4.
• Transaction code: A (award/grant/vesting).
• Footnote re ownership: some shares are held by Janajasa Associates L.P. (Footnote F4).

Context

• These transactions reflect compensation-related RSU vesting and a related RSU grant, not an open-market purchase or sale. RSUs vest per the stated terms (vest in full on the earlier of the first anniversary of grant or immediately prior to the following Annual Meeting, subject to continued service). Such awards are routine executive/director compensation and do not necessarily signal personal buying or selling intent.