Zeltser Guy 4

What Happened

• Guy Zeltser, Chief Financial Officer of Hippo Holdings (HIPO), made two transactions reported on a Form 4 covering activity through 2025-11-14 and filed 2026-02-18. On 2025-11-14 he acquired 665 shares at $7.23 each (total ~$4,808) pursuant to the issuer's Employee Stock Purchase Plan (ESPP). On 2026-02-15 a disposition of 4,483 shares occurred at $28.59 each (value ~$128,177) reported under code F, indicating shares were surrendered to pay an exercise price or tax liability (i.e., tax withholding).

Key Details

• Purchase: 665 shares on 2025-11-14 at $7.23/share; total ~$4,808. (Footnote F1: acquired via ESPP.)
• Tax-withholding disposition: 4,483 shares on 2026-02-15 at $28.59/share; value ~$128,177. (Code F = payment of exercise price or tax liability.)
• Ownership note: filing includes a reference to 50,176 RSUs (Footnote F2). The total shares owned after these transactions are not specified in the summary data provided here.
• Filing/Timing: Form 4 was filed on 2026-02-18 for a reportable transaction dated 2025-11-14, which is a late filing relative to the typical two-business-day rule; late filings can draw SEC attention and may carry penalties.

Context

• The 4,483-share disposition appears to be tax withholding related to equity awards (common when RSUs vest or options are exercised) rather than an open-market sale — a routine administrative transaction, not necessarily a bearish signal.
• The 665-share ESPP purchase is a small insider buy, which some investors view as a modest positive signal but is limited in size.