secwatch.observer — SEC 8-K summary
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Issuer:     Hippo Holdings Inc. (HIPO)
CIK:        0001828105
Form:       8-K
Filed at:   2024-10-09T23:59:59+00:00
Accession:  0001828105-24-000043
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hippo CRO Yuval Harry departs effective Oct 11; separation agreement includes salary, bonus, equity vesting
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- Yuval Harry ceased as Chief Revenue Officer effective Oct 11, 2024; will remain at-will employee through Mar 1, 2025 for consulting.
- Severance includes continued salary ($475,000.50/yr), equity vesting per terms, and a cash payment of $62,019 (6 weeks + 3 days base plus COBRA).
- Eligible for 2024 bonus per board determination under Leadership Bonus Plan; unvested equity forfeited at separation.
- Separation agreement includes general release, non-disparagement, and post-separation cooperation covenants.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828105/000182810524000043/0001828105-24-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828105/000182810524000043/hippo-20241009.htm
  HTML page:      https://secwatch.observer/filing/0001828105-24-000043

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