Hippo Holdings Inc.: CEO Torben Ostergaard sold 1,169 shares

What happened Torben Ostergaard, CEO Spinnaker, sold 1,169 shares on Oct 15, 2026, at a weighted average price of $35.03 for total proceeds of $40,955. The Form 4 reports the sale was coded S (open-market or private sale).

Key details

• Transaction date and prices: Oct 15, 2026; executed in multiple trades at prices ranging from $35.00 to $35.07; weighted average $35.03; total proceeds $40,955; 1,169 shares sold.
• Shares owned after the transaction: not specified in the provided summary; filing footnote F3 notes holdings include 34,199 RSUs.
• Relevant footnotes from the filing: F1 — sales effected pursuant to a Rule 10b5-1 trading plan dated Aug 22, 2025; F2 — multiple trades and price range with weighted average reported; F3 — includes 34,199 RSUs.
• Filing timing: Form filed Oct 16, 2026; report period Oct 15, 2026; the provided information does not indicate the filing was late.

Why it may matter The filing shows the sale was executed under a Rule 10b5-1 trading plan and that the reported price is a weighted average of multiple trades. The filing does not show why the insider traded or why the company acted.