Landman Sam 4
Research Summary
AI-generated summary
Hippo Holdings (HIPO) Director Sam Landman Receives Award
What Happened
Sam Landman, a director of Hippo Holdings, reported two award-type (A) transactions dated 2026-06-02. He had 4,738 RSUs vest and convert into 4,738 shares of common stock at an attributed value of $25.40/share (total $120,345). In the same filing he was also granted or recorded 4,808 RSUs at $0.00 (a grant of restricted stock units rather than a cash purchase).
Key Details
- Transaction date(s) and prices: 2026-06-02 — 4,738 shares @ $25.40 (value $120,345); 4,808 RSUs @ $0.00.
- Shares owned after transaction: Not stated in the supplied filing details.
- Footnotes of note:
- F1: The 4,738 shares represent settlement/vesting of RSUs originally granted on June 3, 2025.
- F2: The RSUs (including the 4,808) vest in full on the earlier of the first anniversary of grant or immediately prior to the next Annual Meeting, subject to continued service; the reporting person has elected to defer settlement until a change in control, separation from service, or death.
- F3: Confirms the 4,808 figure refers to RSUs.
- Filing timeliness: Report filed 2026-06-04 for transactions on 2026-06-02 — appears to have been filed within the standard Form 4 two-business-day window.
Context
These transactions are awards/settlements of RSUs (compensation), not open-market purchases or sales. The vested RSUs converted to actual shares; the 4,808-unit entry represents RSUs granted/recorded with deferred settlement and no cash exchanged. Awards are routine executive/director compensation and should not be read as direct market buying/selling by the insider.