McCathron Richard 4

What Happened

• Richard McCathron, CEO of Hippo Holdings (HIPO), sold 5,000 shares on 2026-02-09 at $29.14 per share, generating proceeds of $145,700. The transaction is reported as a sale (S).

Key Details

• Transaction date and price: 2026-02-09 — 5,000 shares at $29.14 each.
• Total value: $145,700.
• Filing date: Form 4 filed 2026-02-11 (timely — within the usual two business days).
• Holdings note: Reported ownership includes 181,675 RSUs (per footnote F2).
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan dated August 29, 2025 (footnote F1).

Context

• This was a sale, not a purchase or option exercise. Because the sale was made under a pre-established 10b5-1 plan, it is commonly considered a prearranged, routine disposition and does not necessarily reflect a change in the insider’s view of the company.