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Michael Stienstra, GM & Chief Insurance Officer at Hippo Holdings Inc. (NYSE:HIPO), recently executed a stock sale amounting to $69,913. According to a recent SEC filing, Stienstra sold 2,329 shares of common stock on February 18, 2025, at an average price of $30.0186 per share. The sale was conducted under a Rule 10b5-1 trading plan, which was established on March 21, 2024.
Following this transaction, Stienstra holds 59,648 shares of Hippo Holdings, which includes 36,489 restricted stock units (RSUs). The sale was part of multiple trades executed at prices ranging from $29.94 to $30.15, with the reported price reflecting the weighted average.
Additionally, on February 15, 2025, Stienstra disposed of 3,031 shares through a transaction valued at $91,263, priced at $30.11 per share. This transaction was not part of a sale but rather a disposition of shares.
These transactions provide insight into the executive’s recent trading activities and current holdings in the company.
In other recent news, Hippo has announced the appointment of Andrea Collins as its new Chief Marketing Officer. Collins previously served as Hippo’s Vice President of Marketing from 2017 to 2022 and returns with over twenty years of marketing experience. Her expertise in developing strategies for both direct-to-consumer and business-to-business segments aligns with Hippo’s mission. Before rejoining Hippo, Collins held leadership roles at Cowbell, a cyber insurtech firm, and Flyhomes, a real estate platform using artificial intelligence. During her initial tenure at Hippo, she contributed significantly to the company’s public offering and the establishment of its marketing strategy and brand identity. Collins aims to further enhance Hippo’s market presence and investment in distribution channels, particularly focusing on the New Homes Program. This program offers an embedded insurance solution for homebuilders, reflecting Hippo’s commitment to transforming the home insurance industry. The company continues to integrate real-time data, smart home technology, and home services to provide proactive protection for homeowners. This leadership change underscores Hippo’s dedication to strengthening its marketing initiatives.
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