McCathron Richard 4

What Happened

• Richard McCathron, CEO of Hippo Holdings (HIPO), disposed of 11,586 shares on Feb 15, 2026 as a tax-withholding payment related to equity compensation. The shares were valued at $28.59 each, for a total of $331,266. This was a withholding/disposition to cover tax obligations (routine), not an open-market sale intended as a cash-in transaction.

Key Details

• Transaction date and price: Feb 15, 2026 — 11,586 shares at $28.59 each.
• Total value: $331,266 (proceeds shown for the shares disposed to satisfy tax liability).
• Shares owned after transaction: Not specified in the filing.
• Footnote: Filing notes "Includes 154,336 RSUs" (F1), indicating restricted stock units are part of the insider's holdings and the withholding likely relates to vested RSUs.
• Filing timeliness: Form 4 was filed Feb 18, 2026 for a Feb 15 transaction (filed after the transaction date; this appears to be one business day late relative to the usual 2-business-day reporting window).

Context

• Code F indicates tax withholding — the company retained/withheld shares to satisfy tax obligations on equity compensation. Such transactions are routine and generally do not signal the insider’s view on the company’s prospects.