---
schema_version: "secwatch.filing_event.v1"
accession: "0001828105-25-000020"
form_type: "8-K"
ticker: "HIPO"
cik: "0001828105"
company_name: "Hippo Holdings Inc."
filed_at: "2025-04-18T23:59:59+00:00"
generated_at: "2026-05-23T11:13:20.063529+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Hippo terminates Palo Alto lease, relocates to San Jose for cost savings

## Summary
- Terminated lease for 15,000 sq ft at 150 Forest Ave, Palo Alto, effective April 14, 2025.
- One-time lease termination payment of $1,438,411 to landlord Tallwood Forest, LLC.
- Company securing office space in San Jose, CA; expects significant annual cost savings.
- Original lease dated June 14, 2019, as amended on January 26, 2020.

## SEC filing metadata
- accession: 0001828105-25-000020
- form_type: 8-K
- ticker: HIPO
- cik: 0001828105
- company_name: Hippo Holdings Inc.
- filed_at: 2025-04-18T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1828105/000182810525000020/0001828105-25-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1828105/000182810525000020/hippo-20250414.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001828105-25-000020
- JSON: https://secwatch.observer/filing/0001828105-25-000020.json
- Plain text: https://secwatch.observer/filing/0001828105-25-000020.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.