HIPO on NYSE
Hippo Holdings Inc.
American fire company, incorporated in Delaware, listed on NYSE (HIPO). Summary from the record
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Last updated Oct 19, 2026.
Overview
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- TickerHIPO on NYSE1
- IndustryFire, Marine & Casualty Insurance1
- HeadquartersSan Jose, California1
- Incorporated inDE2
- Business addressOne Almaden Blvd, Suite 400, San Jose, Ca 951132
- Filer categoryAccelerated filer, Emerging growth company2
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In August 2021, Hippo Enterprises Inc., a Delaware corporation (“Old Hippo”) completed a business combination resulting in Old Hippo becoming a wholly owned subsidiary of, Reinvent Technology Partners Z, a Cayman Islands exempted company and special purpose acquisition company which at that time changed its name to Hippo Holdings Inc.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Other costs88¢$410.2M
- Income tax0¢$700.0K
- Profit12¢$57.7M
Out of $468.6M in revenue.4
Where each dollar of operating cash went, fiscal 2025
- Capital spending1¢$100.0K
- Share buybacks99¢$14.5M
Out of $9.2M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.4
Financial statements
Every line of the income statement as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net earned premium | $380.1M | $272.5M | $107.5M |
| Commission income, net | $51.3M | $63.6M | $63.4M |
| Service and fee income | $11.8M | $11.6M | $15.7M |
| Net investment income | $25.4M | $24.4M | $23.1M |
| Total revenue, net | $468.6M | $372.1M | $209.7M |
| Losses and loss adjustment expenses | $229.9M | $209.0M | $181.7M |
| Insurance related expenses | $131.3M | $88.8M | $79.1M |
| Technology and development expenses | $32.5M | $30.7M | $47.0M |
| Sales and marketing expenses | $33.5M | $51.2M | $80.1M |
| General and administrative expenses | $67.1M | $70.7M | $79.6M |
| Impairment and restructuring charges | $5.0M | $3.6M | $5.5M |
| Gain on sale of business | -$95.0M | -$54.4M | $0 |
| Interest and other (income) expense, net | $1.0M | -$100.0K | -$800.0K |
| Total expenses | $405.3M | $399.5M | $472.2M |
| Income (loss) before income taxes | $63.3M | -$27.4M | -$262.5M |
| Income tax expense | $700.0K | $1.2M | $500.0K |
| Net income (loss) | $62.6M | -$28.6M | -$263.0M |
| Net income attributable to noncontrolling interests, net of tax | $4.9M | $11.9M | $10.1M |
| Net income (loss) attributable to Hippo | $57.7M | -$40.5M | -$273.1M |
| Change in net unrealized gain on investments, net of tax | $200.0K | $4.1M | |
| Comprehensive income (loss) attributable to Hippo | -$40.3M | -$269.0M | |
| Net income (loss) per share attributable to Hippo - basic (in dollars per share) | $2.28 | -$1.64 | -$11.58 |
| Net income (loss) per share attributable to Hippo - diluted (in dollars per share) | $2.22 | -$1.64 | -$11.58 |
| Weighted average shares common shares outstanding - basic (in shares) | 25.3M shares | 24.7M shares | 23.6M shares |
| Weighted average shares common shares outstanding - diluted (in shares) | 26.0M shares | 24.7M shares | 23.6M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Fixed maturities available-for-sale, at fair value (amortized cost: $291.7 and $208.3) | $293.4M | $205.7M | ||
| Short-term investments, at fair value (amortized cost: $152.5 and $167.6) | $152.5M | $167.6M | ||
| Total investments | $445.9M | $373.3M | ||
| Cash and cash equivalents | $218.3M | $197.6M | ||
| Restricted cash | $31.8M | $35.2M | ||
| Accounts receivable, net of allowance of $0.2 and $0.6 | $250.1M | $167.0M | ||
| Reinsurance recoverable on paid and unpaid losses and loss adjustment expenses | $346.6M | $285.3M | ||
| Prepaid reinsurance premiums | $353.7M | $274.2M | ||
| Ceding commissions receivable | $98.7M | $79.5M | ||
| Capitalized internal use software | $43.0M | $48.1M | ||
| Intangible assets | $13.8M | $17.0M | ||
| Other assets | $103.6M | $66.2M | ||
| Total assets | $1.9B | $1.5B | ||
| Losses and loss adjustment expense reserve | $420.4M | $350.0M | $322.5M | $293.8M |
| Unearned premiums | $579.7M | $457.9M | ||
| Reinsurance premiums payable | $304.4M | $248.6M | ||
| Provision for commission | $36.3M | $34.3M | ||
| Surplus note | $47.9M | $0 | ||
| Accrued expenses and other liabilities | $80.7M | $87.4M | ||
| Total liabilities | $1.5B | $1.2B | ||
| Common stock, $0.0001 par value; 80,000,000 shares authorized as of both December 31, 2025 and 2024; 25,699,704 and 24,866,803 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $0 | $0 | ||
| Additional paid-in capital | $1.7B | $1.6B | ||
| Accumulated other comprehensive income (loss) | $1.8M | -$2.7M | ||
| Accumulated deficit | -$1.2B | -$1.3B | ||
| Total Hippo stockholders equity | $436.1M | $362.1M | ||
| Noncontrolling interest | $0 | $3.1M | ||
| Total stockholders equity | $436.1M | $365.2M | $384.7M | $593.5M |
| Total liabilities and stockholders equity | $1.9B | $1.5B | ||
| Common stock, shares issued (in shares) | 25.7M shares | 24.9M shares | ||
| Fixed maturities available-for-sale, amortized cost | $291.7M | $208.3M | ||
| Short-term investments, amortized cost | $152.5M | $167.6M | ||
| Accounts receivable, allowance | $200.0K | $600.0K | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 80.0M shares | 80.0M shares | ||
| Common stock, shares outstanding (in shares) | 25.7M shares | 24.9M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Fixed maturities available-for-sale, at fair value (amortized cost: $291.7 and $208.3) | $293.4M | $205.7M | ||
| Short-term investments, at fair value (amortized cost: $152.5 and $167.6) | $152.5M | $167.6M | ||
| Total investments | $445.9M | $373.3M | ||
| Cash and cash equivalents | $218.3M | $197.6M | ||
| Restricted cash | $31.8M | $35.2M | ||
| Accounts receivable, net of allowance of $0.2 and $0.6 | $250.1M | $167.0M | ||
| Reinsurance recoverable on paid and unpaid losses and loss adjustment expenses | $346.6M | $285.3M | ||
| Prepaid reinsurance premiums | $353.7M | $274.2M | ||
| Ceding commissions receivable | $98.7M | $79.5M | ||
| Capitalized internal use software | $43.0M | $48.1M | ||
| Intangible assets | $13.8M | $17.0M | ||
| Other assets | $103.6M | $66.2M | ||
| Total assets | $1.9B | $1.5B | ||
| Losses and loss adjustment expense reserve | $420.4M | $350.0M | $322.5M | $293.8M |
| Unearned premiums | $579.7M | $457.9M | ||
| Reinsurance premiums payable | $304.4M | $248.6M | ||
| Provision for commission | $36.3M | $34.3M | ||
| Surplus note | $47.9M | $0 | ||
| Accrued expenses and other liabilities | $80.7M | $87.4M | ||
| Total liabilities | $1.5B | $1.2B | ||
| Common stock, $0.0001 par value; 80,000,000 shares authorized as of both December 31, 2025 and 2024; 25,699,704 and 24,866,803 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $0 | $0 | ||
| Additional paid-in capital | $1.7B | $1.6B | ||
| Accumulated other comprehensive income (loss) | $1.8M | -$2.7M | ||
| Accumulated deficit | -$1.2B | -$1.3B | ||
| Total Hippo stockholders equity | $436.1M | $362.1M | ||
| Noncontrolling interest | $0 | $3.1M | ||
| Total stockholders equity | $436.1M | $365.2M | $384.7M | $593.5M |
| Total liabilities and stockholders equity | $1.9B | $1.5B | ||
| Common stock, shares issued (in shares) | 25.7M shares | 24.9M shares | ||
| Fixed maturities available-for-sale, amortized cost | $291.7M | $208.3M | ||
| Short-term investments, amortized cost | $152.5M | $167.6M | ||
| Accounts receivable, allowance | $200.0K | $600.0K | ||
| Common stock, par value (in dollars per share) | $0.00 | $0.00 | ||
| Common stock, shares authorized (in shares) | 80.0M shares | 80.0M shares | ||
| Common stock, shares outstanding (in shares) | 25.7M shares | 24.9M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 3 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Net income (loss) | $62.6M | -$28.6M | -$263.0M |
| Depreciation and amortization | $20.4M | $23.2M | $19.8M |
| Stockbased compensation expense | $29.3M | $38.2M | $57.5M |
| Fair value adjustments | -$600.0K | $1.7M | $4.5M |
| Impairment and restructuring charges | $5.0M | $3.3M | $2.9M |
| Gain on sale of business | -$95.0M | -$54.4M | $0 |
| Other non-cash items | -$8.3M | -$6.2M | -$7.4M |
| Accounts receivable, net | -$85.4M | -$21.9M | -$38.0M |
| Reinsurance recoverables | -$61.3M | -$4.0M | $5.0M |
| Ceding commissions receivable | -$19.2M | -$5.7M | -$28.0M |
| Prepaid reinsurance premiums | -$79.5M | $61.4M | -$25.7M |
| Other assets | -$16.2M | -$6.4M | $6.2M |
| Provision for commission | $2.0M | $9.7M | $19.7M |
| Accrued expenses and other liabilities | $7.4M | -$17.5M | -$5.5M |
| Losses and loss adjustment expense reserves | $70.4M | $27.5M | $28.7M |
| Unearned premiums | $121.8M | $38.7M | $77.9M |
| Reinsurance premiums payable | $55.8M | -$11.5M | $53.0M |
| Net cash provided by (used in) operating activities | $9.2M | $47.5M | -$92.4M |
| Capitalized internal use software costs | -$13.2M | -$11.7M | -$17.1M |
| Purchases of property and equipment | -$100.0K | -$300.0K | -$29.6M |
| Purchases of fixed maturities | -$138.4M | -$97.7M | -$55.3M |
| Maturities of fixed maturities | $51.6M | $49.1M | $15.6M |
| Sales of fixed maturities | $2.9M | $1.4M | $3.2M |
| Purchases of short-term investments | -$287.6M | -$270.1M | -$354.3M |
| Maturities of short-term investments | $299.4M | $286.2M | $471.6M |
| Sales of short-term investments | $8.4M | $200.0K | $26.7M |
| Proceeds from sale of business, net | $65.8M | $67.2M | $0 |
| Other | $0 | $6.0M | -$3.2M |
| Net cash provided by (used in) investing activities | -$11.2M | $30.3M | $57.6M |
| Proceeds from surplus note, net | $47.9M | $0 | $0 |
| Taxes paid related to net share settlement of equity awards | -$9.4M | -$9.9M | -$4.7M |
| Proceeds from issuance of common stock | $3.8M | $6.7M | $2.8M |
| Share repurchases under program | -$14.5M | -$15.6M | -$1.8M |
| Payments of contingent consideration | -$400.0K | -$900.0K | -$1.3M |
| Acquisitions of noncontrolling interests | $0 | -$200.0K | -$3.2M |
| Distributions to noncontrolling interests and other | -$8.1M | -$20.2M | -$6.4M |
| Net cash used in financing activities | $19.3M | -$40.1M | -$14.6M |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | $17.3M | $37.7M | -$49.4M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Hippo Holdings Inc., and when. Pick a name to see everywhere that person has worked.
Chair
President
Chief financial officer
Chief operating officer
- Chief executive officerTorben Ostergaard Mar 1, 2024 to now11
- Chief executive officerRichard McCathron Jun 8, 2022 to Mar 1, 202412
- Chief executive officerMichael N. Thompson Jr. Nov 18, 2020 to Nov 18, 202013
- ChairAssaf Wand Jun 12, 2024 to now14
- PresidentRichard McCathron Aug 4, 2021 to May 17, 202315
- Chief financial officerGuy Zeltser Mar 17, 2025 to now16
- Chief financial officerStewart Ellis Aug 4, 2021 to Mar 6, 202517
- Chief financial officerMichael N. Thompson Jr. Nov 18, 2020 to Nov 18, 202013
- Chief operating officerLaura Boettcher Jun 12, 2026 to now18
- Chief operating officerRan Harpaz Jun 8, 2022 to Nov 17, 202219
Board members and other officers (28)
- GM & Chief Insurance, HHIPMichael Stienstra Mar 7, 2024 to now20
- Chief Accounting OfficerAnirudh Badia Mar 16, 2023 to Nov 8, 202421
- Chief Revenue OfficerYuval Harry Mar 16, 2023 to Oct 22, 202422
- OfficerAssaf Wand Aug 4, 2021 to Nov 23, 202123
- Chief Product OfficerAviad Pinkovezky Aug 4, 2021 to Feb 17, 202224
- Chief Technology OfficerRan Harpaz Aug 4, 2021 to May 18, 202225
- Chief Marketing OfficerSimon Fleming-Wood Aug 4, 2021 to May 17, 202326
- SecretaryDavid K. Cohen Nov 18, 2020 to Nov 18, 202027
- Board memberStewart Ellis Jun 5, 2026 to now28
- Board memberLaura J. Hay Oct 3, 2025 to now29
- Board memberSusan Claire Holliday Oct 3, 2025 to now30
- Board memberMark Schaaf Aug 4, 2023 to now31
- Board memberJohn Drake Nichols Aug 25, 2022 to now32
- Board memberAmy Errett Aug 4, 2021 to Aug 4, 202333
- Board memberAssaf Wand Aug 4, 2021 to Nov 23, 202123
- Board memberEric Feder Aug 4, 2021 to now34
- Board memberHugh Frater Aug 4, 2021 to now35
- Board memberLori Dickerson Fouche Aug 4, 2021 to now36
- Board memberNoah Knauf Aug 4, 2021 to Jun 9, 202337
- Board memberRichard McCathron Aug 4, 2021 to now15
- Board memberSam Landman Aug 4, 2021 to now38
- Board memberSandra S. Wijnberg Aug 4, 2021 to now39
- Board memberByron Auguste Nov 18, 2020 to Nov 18, 202040
- Board memberJulie Hanna Nov 18, 2020 to Nov 18, 202041
- Board memberLee Linden Nov 18, 2020 to Nov 18, 202042
- Board memberMark Pincus Nov 18, 2020 to Nov 18, 202043
- Board memberMichael N. Thompson Jr. Nov 18, 2020 to Nov 18, 202013
- Board memberReid Hoffman Nov 18, 2020 to Nov 18, 202044
Former names
Timeline
Filings
503 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 46 major events, 304 insider forms, 29 large holders, 104 other. The latest 20:
- Oct 15, 2026144 EDGAR
- Oct 13, 20264 PRIMARY DOCUMENT EDGAR
- Oct 9, 2026144 EDGAR
- Sep 11, 20264 PRIMARY DOCUMENT EDGAR
- Sep 9, 2026144 EDGAR
- Aug 19, 20264 PRIMARY DOCUMENT EDGAR
- Aug 18, 20264 PRIMARY DOCUMENT EDGAR
- Aug 18, 20264 PRIMARY DOCUMENT EDGAR
- Aug 18, 20264 PRIMARY DOCUMENT EDGAR
- Aug 18, 20264 PRIMARY DOCUMENT EDGAR
- Aug 18, 20264 PRIMARY DOCUMENT EDGAR
- Aug 17, 2026144 EDGAR
- Aug 12, 20264 PRIMARY DOCUMENT EDGAR
- Aug 10, 2026144 EDGAR
- Jul 30, 20264 PRIMARY DOCUMENT EDGAR
- Jul 30, 202610-Q EDGAR
- Jul 30, 20268-K EDGAR
- Jul 28, 2026SCHEDULE 13G EDGAR
- Jul 28, 2026144 EDGAR
- Jul 13, 20264 PRIMARY DOCUMENT EDGAR
The 503 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
65 open-market trades by officers, directors and large owners since October 2021: 13 buys and 52 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 9, 2026 | McCathron RichardChief Executive Officer | Sale | 5,000 | $32.23 | $161.2K | Form 4 |
| Aug 17, 2026 | Ostergaard TorbenCEO Spinnaker | Sale | 1,169 | $33.00 | $38.6K | Form 4 |
| Aug 10, 2026 | McCathron RichardChief Executive Officer | Sale | 5,000 | $32.00 | $160.0K | Form 4 |
| Jul 28, 2026 | Zeltser GuyChief Financial Officer | Sale | 1,669 | $30.98 | $51.7K | Form 4 |
| Jul 9, 2026 | McCathron RichardChief Executive Officer | Sale | 5,000 | $28.53 | $142.7K | Form 4 |
| Jun 9, 2026 | McCathron RichardChief Executive Officer | Sale | 5,000 | $25.00 | $125.0K | Form 4 |
| May 15, 2026 | Ostergaard TorbenCEO Spinnaker | Sale | 3,667 | $26.10 | $95.7K | Form 4 |
| May 11, 2026 | McCathron RichardChief Executive Officer | Sale | 5,000 | $27.10 | $135.5K | Form 4 |
| Apr 9, 2026 | McCathron RichardChief Executive Officer | Sale | 5,000 | $26.05 | $130.2K | Form 4 |
| Mar 9, 2026 | McCathron RichardChief Executive Officer | Sale | 5,000 | $25.86 | $129.3K | Form 4 |
| Feb 25, 2026 | Ostergaard TorbenCEO Spinnaker | Sale | 600 | $30.44 | $18.3K | Form 4 |
| Feb 17, 2026 | Ostergaard TorbenCEO Spinnaker | Sale | 6,105 | $28.57 | $174.4K | Form 4 |
| Feb 9, 2026 | McCathron RichardChief Executive Officer | Sale | 5,000 | $29.14 | $145.7K | Form 4 |
| Jan 9, 2026 | McCathron RichardChief Executive Officer | Sale | 5,000 | $31.52 | $157.6K | Form 4 |
| Dec 22, 2025 | Stienstra MichaelGM & Chief Insurance, HHIP | Sale | 3,900 | $31.12 | $121.4K | Form 4 |
| Dec 9, 2025 | McCathron RichardChief Executive Officer | Sale | 5,000 | $29.82 | $149.1K | Form 4 |
| Nov 21, 2025 | Ostergaard TorbenCEO Spinnaker | Sale | 3,645 | $31.99 | $116.6K | Form 4 |
| Nov 18, 2025 | Zeltser GuyChief Financial Officer | Sale | 1,819 | $32.15 | $58.5K | Form 4 |
| Nov 14, 2025 | Zeltser GuyChief Financial Officer | Buy | 665 | $7.23 | $4.8K | Form 4 |
| Sep 17, 2025 | Zeltser GuyChief Financial Officer | Sale | 5,177 | $37.48 | $194.0K | Form 4 |
All 65 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BlackRockSCHEDULE 13G, 5 filings Oct 24, 2024 to Jul 28, 202645
- Lennar Foundation, Inc.SCHEDULE 13G, 1 filing Mar 6, 202646
- Thomas B. AkinSCHEDULE 13G/A, 4 filings Apr 2, 2024 to Feb 12, 202647
- MITSUI SUMITOMO INSURANCE CO LTDSC 13D/A, 2 filings Feb 29, 2024 to Jul 1, 202448
- Bond Capital Associates, LLCSC 13D/A, 2 filings Feb 9, 2022 to Mar 8, 202449
- Reinvent Sponsor Z LLCSC 13G/A, 1 filing Feb 14, 202350
- Fifth Wall Ventures Management GP, LLCSC 13G/A, 1 filing Feb 3, 202351
- 683 Capital Management, LLCSC 13G/A, 1 filing Feb 14, 202252
- Alyeska Investment Group, L.P.SC 13G/A, 1 filing Feb 14, 202253
- Third Point LLCSC 13G/A, 1 filing Feb 14, 202254
- Slate Path Capital LPSC 13G, 1 filing Feb 11, 202255
- Weiss Asset Management LPSC 13G/A, 1 filing Feb 4, 202256
- Linden Capital L.P.SC 13G/A, 1 filing Feb 3, 202257
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
13F reports cover disclosed long positions in U.S. stocks only.
Members of Congress who traded it
1 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.
| Date | Member | Trade | Amount | Vs S&P since | Filing |
|---|---|---|---|---|---|
| Nov 19, 2021 | Marie Newman, House | Buy | $1,001 - $15,000 | −128.2% | Report |
Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 14SEC EDGARAssaf Wand, Chair
- 15SEC EDGARRichard McCathron, President
- 16SEC EDGARGuy Zeltser, Chief financial officer
- 17
- 18
- 19SEC EDGARRan Harpaz, Chief operating officer
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- 22SEC EDGARYuval Harry, Chief Revenue Officer
- 23SEC EDGARAssaf Wand, Officer
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- 25SEC EDGARRan Harpaz, Chief Technology Officer
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- 27SEC EDGARDavid K. Cohen, Secretary
- 28SEC EDGARStewart Ellis, Board member
- 29SEC EDGARLaura J. Hay, Board member
- 30SEC EDGARSusan Claire Holliday, Board member
- 31SEC EDGARMark Schaaf, Board member
- 32SEC EDGARJohn Drake Nichols, Board member
- 33SEC EDGARAmy Errett, Board member
- 34SEC EDGAREric Feder, Board member
- 35SEC EDGARHugh Frater, Board member
- 36SEC EDGARLori Dickerson Fouche, Board member
- 37SEC EDGARNoah Knauf, Board member
- 38SEC EDGARSam Landman, Board member
- 39SEC EDGARSandra S. Wijnberg, Board member
- 40SEC EDGARByron Auguste, Board member
- 41SEC EDGARJulie Hanna, Board member
- 42SEC EDGARLee Linden, Board member
- 43SEC EDGARMark Pincus, Board member
- 44SEC EDGARReid Hoffman, Board member
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