There is a little bit of the hips rising early coming out of the hole, but nothing crazy. Is that a heavy weight for you, or light/medium for the video? The hips coming up that amount is kind of hard to avoid
all the time at heavy weights on almost any kind of squat. So, if that is heavy then I'd say it's within what is realistically seen on heavy squats (that doesn't mean it is
desirable ... it just means that it is something you occasionally see even at international level lifters).
If that was light/medium then that aspect can probably be tightened up a little. I think a useful way to measure squatting progress is how heavy you can go WITHOUT any of that, knowing that you'll probably have a little bit of it at whatever your top weights are.
Regarding how upright you are and where to think about pointing your hips, that will vary a lot from person-to-person. If when in the bottom position you feel like you are A) on good balance over the arches of your feet, and B) have evenly distributed tension across the primary muscle groups (gluts, quads, etc.) then you're probably good for YOU. If you are having a hard time keeping one muscle group tight and engaged then consider making some adjustments.
Below is a screen grab of my set of Zerchers from last week. I'm not as upright as you are, but at the same time this doesn't feel like a "hinge" at all to me. I feel on good balance and feel that both my gluts and quads are "on" and ready to drive out of the hole ... if I was more upright I do not think that would be the case, and if I were more hinged then it also would not be the case.
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