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  4. [144] Hagerty, Inc. SEC Filing

Hagerty (HGTY) Form 144: Sale of 12,391 shares via Merrill Lynch

Hagerty (HGTY) filed a Form 144 notice for a proposed resale of common stock.

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Hagerty (HGTY) filed a Form 144 notice for a proposed resale of common stock. The filing lists a planned sale of 12,391 shares with an aggregate market value of $150,426 through Merrill Lynch on the NYSE, with an approximate sale date of 10/15/2025. Shares outstanding were 90,942,223.

The seller is identified as Robert I. Kauffman, Aldel LLC. The filing indicates the securities were originally acquired on 12/02/2021 in connection with the Hagerty business combination, as part of a PIPE financing. The sales are on behalf of the holder, not the company.

Recent activity over the past three months includes multiple open-market sales, including 110,600 shares on 07/24/2025 for $1,156,876 and 98,766 shares on 07/09/2025 for $994,573.

Positive

  • None.

Negative

  • None.

Insights

Administrative resale notice; company receives no proceeds.

This Form 144 records a planned secondary sale of Hagerty common stock by an existing holder. The filing lists 12,391 shares with an aggregate market value of $150,426, to be transacted via Merrill Lynch on the NYSE with an approximate sale date of 10/15/2025. Form 144 is a notice requirement under Rule 144 for certain resales.

The issuer’s capital is not directly affected by this resale, and the filing does not authorize new issuance. The holder originally acquired the shares on 12/02/2021 in connection with the business combination and PIPE. Shares outstanding are stated as 90,942,223; this is a baseline figure, not the amount being offered.

The excerpt lists prior three‑month sales by the same holder, with examples such as 110,600 shares on 07/24/2025 for $1,156,876 and 98,766 shares on 07/09/2025 for $994,573. Actual market impact depends on execution and trading volume.

FAQ

What does Hagerty (HGTY) disclose in this Form 144?
A proposed resale of 12,391 common shares with an aggregate market value of $150,426 via Merrill Lynch on the NYSE.

Who is the selling security holder in the HGTY Form 144?
The filing identifies Robert I. Kauffman, Aldel LLC as the selling holder.

When is the planned sale for HGTY shares?
The filing lists an approximate sale date of 10/15/2025.

How many Hagerty shares are outstanding?
The filing states 90,942,223 shares outstanding.

Who is the broker for the proposed HGTY sale?
The notice lists Merrill Lynch, 225 Liberty St, 39th Floor, New York, NY 10281.

How were the securities originally acquired?
Acquired on 12/02/2021 in connection with the Hagerty business combination as part of a PIPE financing.

What recent sales does the Form 144 reference?
Examples include 110,600 shares on 07/24/2025 for $1,156,876 and 98,766 shares on 07/09/2025 for $994,573.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

Source: View Original Filing on SEC EDGAR