McCathron Richard 4

What Happened
Richard McCathron, CEO of Hippo Holdings (HIPO), sold 5,000 shares on March 9, 2026, at $25.86 per share for proceeds of $129,300. The transaction was reported on a Form 4 filed March 11, 2026. This was a sale (S) and therefore a disposition of shares rather than a purchase.

Key Details

• Transaction date and price: March 9, 2026 — 5,000 shares at $25.86 each (total $129,300).
• Method: Open-market or private sale (reported as S); footnote indicates sale was pursuant to a Rule 10b5-1 trading plan dated August 29, 2025 (F1).
• Holdings note: Filing references 343,868 RSUs included in reported holdings (F2). The filing does not show a larger consolidated total in the summary provided here.
• Timeliness: Form 4 was filed two days after the trade (filed March 11), which is within the standard reporting window and not marked late.

Context
Sales executed under a Rule 10b5-1 plan are pre-arranged and often reflect scheduled dispositions rather than a new assessment of the company’s prospects. Sales by executives are common and do not by themselves indicate company performance or insider sentiment.