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[144] Hagerty, Inc. SEC Filing

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

Hagerty, Inc. filed a Form 144 disclosing a proposed sale of 3,024 common shares with an aggregate market value of $36,318, to be sold through Merrill Lynch on 10/06/2025 on the NYSE. The filing states these shares were originally acquired on 12/02/2021 as part of a PIPE financing connected to the business combination with Hagerty, showing the securities were paid in stock.

The notice also lists multiple reported open-market sales by Robert I. Kauffman/Aldel LLC across the past three months, including several large tranches such as 110,600 shares on 07/24/2025, 99,766 shares on 07/09/2025, and 62,500 shares on 08/29/2025. The filing records 90,942,223 shares outstanding for the issuer, and the filer represents compliance with Rule 144 and absence of undisclosed material adverse information.

Hagerty, Inc. ha presentato un Form 144 che segnala la vendita proposta di 3.024 azioni ordinarie con un valore di mercato aggregato di $36,318, da vendere tramite Merrill Lynch il 10/06/2025 sulla NYSE. La dichiarazione indica che tali azioni sono state originariamente acquisite il 12/02/2021 nel contesto di un finanziamento PIPE legato all’operazione aziendale con Hagerty, dimostrando che i titoli sono stati pagati in titoli.

L’avviso elenca anche diverse vendite dichiarate sul mercato aperto da Robert I. Kauffman/Aldel LLC negli ultimi tre mesi, tra cui blocchi significativi quali 110.600 azioni il 07/24/2025, 99.766 azioni il 07/09/2025 e 62.500 azioni il 08/29/2025. La dichiarazione riporta 90.942.223 azioni ordinarie in circolazione per l’emittente, e il dichiarante dichiara di conformarsi al Rule 144 e di non avere informazioni materiali avverse non divulgate.

Hagerty, Inc. presentó un Form 144 que divulga una venta propuesta de 3.024 acciones ordinarias con un valor de mercado agregado de $36,318, a realizarse a través de Merrill Lynch el 10/06/2025 en la NYSE. El archivo indica que estas acciones fueron adquiridas originalmente el 12/02/2021 como parte de un financiamiento PIPE vinculado a la operación comercial con Hagerty, mostrando que los valores fueron pagados en acciones.

El aviso también enumera múltiples ventas declaradas en el mercado abierto por Robert I. Kauffman/Aldel LLC en los últimos tres meses, incluyendo varios bloques grandes como 110,600 acciones el 07/24/2025, 99,766 acciones el 07/09/2025, y 62,500 acciones el 08/29/2025. El archivo registra 90,942,223 acciones en circulación para el emisor, y el presentante afirma cumplir con la Regla 144 y la ausencia de información material adversa no divulgada.

Hagerty, Inc.Form 144를 제출하여 3,024 주의 일반 주식을 총시가치 $36,318Merrill Lynch를 통해 2025/10/06NYSE에서 매각하려는 제안을 공시했습니다. 이 제출서는 이 주식들이 원래 2021/12/02에 Hagerty와의 사업 결합에 연결된 PIPE 금융의 일부로 인수되었으며 주식으로 대가가 지급되었음을 보여줍니다.

공고에는 지난 세 달간 Robert I. Kauffman/Aldel LLC이 개장 시장에서 보고된 다수의 매도가 포함되어 있으며, 110,600 주가 있는 대형 구간은 2025/07/24, 99,766 주가 있는 것은 2025/07/09, 62,500 주가 있는 것은 2025/08/29에 해당합니다. 제출서는 발행기업의 발행 주식 총수 90,942,223주를 기록하고 있으며, 제출자는 규칙 144를 준수하고 비공개의 중대한 악정보의 부재를 나타냅니다.

Hagerty, Inc. a déposé un Form 144 révélant une vente proposée de 3 024 actions ordinaires d’une valeur marchande totale de $36,318, à vendre par Merrill Lynch le 10/06/2025 sur le NYSE. Le dépôt précise que ces actions ont été acquises initialement le 12/02/2021 dans le cadre d’un financement PIPE lié à la fusion avec Hagerty, montrant que les titres ont été payés en actions.

L’avis réunit également plusieurs ventes sur le marché ouvert par Robert I. Kauffman/Aldel LLC au cours des trois derniers mois, dont plusieurs blocs importants tels que 110 600 actions le 24/07/2025, 99 766 actions le 09/07/2025, et 62 500 actions le 29/08/2025. Le dépôt indique 90 942 223 actions en circulation pour l’émetteur, et le déclarant affirme être en conformité avec la Rule 144 et l’absence d’informations importantes non divulguées.

Hagerty, Inc. hat ein Form 144 eingereicht, das einen geplanten Verkauf von 3.024 Stammaktien mit einem Gesamterwerbswert von $36,318 offenlegt, der durch Merrill Lynch am 10/06/2025 an der NYSE verkauft werden soll. Die Einreichung besagt, dass diese Aktien ursprünglich am 12/02/2021 im Rahmen einer PIPE-Finanzierung im Zusammenhang mit dem Geschäftsabschluss mit Hagerty erworben wurden und dass die Wertpapiere in Aktien bezahlt wurden.

Der Hinweis listet außerdem mehrere gemeldete Verkäufe am offenen Markt durch Robert I. Kauffman/Aldel LLC in den letzten drei Monaten auf, darunter mehrere große Tranchen wie 110.600 Aktien am 24/07/2025, 99.766 Aktien am 09/07/2025 und 62.500 Aktien am 29/08/2025. Die Einreichung verzeichnet 90.942.223 ausstehende Aktien des Emittenten, und der Einreicher bestätigt die Einhaltung der Rule 144 sowie das Fehlen von nicht offengelegten wesentlichen nachteiligen Informationen.

Hagerty, Inc. قدمت Form 144 يكشف عن بيع مقترح لـ 3,024 سهماً عاديًا بقيمة سوقية إجمالية قدرها $36,318، سيتم بيعه من خلال Merrill Lynch في 10/06/2025 في NYSE. يذكر الملف أن هذه الأسهم تم اكتسابها أصلاً في 12/02/2021 كجزء من تمويل PIPE المرتبط بالاندماج مع Hagerty، مما يظهر أن الأوراق تم دفعها بـ أسهم.

كما يدرج الإشعار عدة مبيعات مفتوحة تقاريرها من قبل Robert I. Kauffman/Aldel LLC خلال الأشهر الثلاثة الماضية، بما في ذلك عدة دفعات كبيرة مثل 110,600 سهماً في 07/24/2025, 99,766 سهماً في 07/09/2025, و 62,500 سهماً في 08/29/2025. يسجل الملف عدد أسهم الشركة القابلة للتداول المعلنة بـ 90,942,223 سهماً، ويمثل المستلم الامتثال للقانون Rule 144 وعدم وجود معلومات جوهرية سلبية غير معلن عنها.

Hagerty, Inc. 已提交一个 Form 144,披露拟议出售 3,024 股普通股,合计市值为 $36,318,将通过 Merrill Lynch2025/10/06NYSE 进行交易。该文件显示这些股票最初在 2021/12/02 作为与 Hagerty 的企业并购相关的 PIPE 融资的一部分取得,表明证券以 股票 方式支付。

通知还列出在过去三个月中多起由 Robert I. Kauffman/Aldel LLC 在公开市场上的报告销售,其中包括若干大批次,如 110,600 股在 07/24/202599,766 股在 07/09/2025、以及 62,500 股在 08/29/2025。该 filing 记录发行人流通在外股票为 90,942,223 股,且提交人表示符合 Rule 144 规定并不存在未披露的重大不利信息。

Positive
  • Proposed sale of 3,024 shares is being routed through Merrill Lynch, indicating use of an established broker
  • Acquisition origin disclosed: shares were acquired on 12/02/2021 as part of a PIPE financing, clarifying provenance
  • Filer attests to Rule 144 compliance and absence of undisclosed material adverse information
Negative
  • Frequent open-market sales by Robert I. Kauffman/Aldel LLC across recent months include large tranches (e.g., 110,600 on 07/24/2025)
  • Several large single-day disposals (e.g., 99,766 on 07/09/2025 and 62,500 on 08/29/2025) could increase short-term supply
  • Outstanding shares listed at 90,942,223, making some single-day sales relatively small but repeated distributions may be notable over time

Insights

TL;DR: The filing documents ongoing Rule 144-compliant sales by an early PIPE participant and a small additional proposed sale.

The report shows the filer originally acquired 3,500,000 shares on 12/02/2021 via the connected PIPE and has since executed numerous open-market sales, with a proposed sale of 3,024 shares on 10/06/2025. These entries indicate active liquidity realization from an early investor position.

Such selling is routine when insiders or PIPE participants liquidate positions under Rule 144; the main near-term item to watch is whether the pace of sales continues at similar daily/weekly sizes over the next 30–90 days, which would affect free-float and trading supply.

TL;DR: Individual sale sizes are small relative to total shares outstanding, but repeated large tranches can increase float temporarily.

The issuer's outstanding share count is listed as 90,942,223, while several single-day sales exceeded 100,000 shares, showing intermittent liquidity pressure. The proposed 3,024-share sale is immaterial by itself but fits a pattern of distributions from the same holder.

If similar sellers continue to place multi-ten-thousand share blocks into the market over coming weeks, trading liquidity and short-term supply-demand could be affected; monitor aggregated sales volumes versus typical daily ADV over the next 30–60 days.

Hagerty, Inc. ha presentato un Form 144 che segnala la vendita proposta di 3.024 azioni ordinarie con un valore di mercato aggregato di $36,318, da vendere tramite Merrill Lynch il 10/06/2025 sulla NYSE. La dichiarazione indica che tali azioni sono state originariamente acquisite il 12/02/2021 nel contesto di un finanziamento PIPE legato all’operazione aziendale con Hagerty, dimostrando che i titoli sono stati pagati in titoli.

L’avviso elenca anche diverse vendite dichiarate sul mercato aperto da Robert I. Kauffman/Aldel LLC negli ultimi tre mesi, tra cui blocchi significativi quali 110.600 azioni il 07/24/2025, 99.766 azioni il 07/09/2025 e 62.500 azioni il 08/29/2025. La dichiarazione riporta 90.942.223 azioni ordinarie in circolazione per l’emittente, e il dichiarante dichiara di conformarsi al Rule 144 e di non avere informazioni materiali avverse non divulgate.

Hagerty, Inc. presentó un Form 144 que divulga una venta propuesta de 3.024 acciones ordinarias con un valor de mercado agregado de $36,318, a realizarse a través de Merrill Lynch el 10/06/2025 en la NYSE. El archivo indica que estas acciones fueron adquiridas originalmente el 12/02/2021 como parte de un financiamiento PIPE vinculado a la operación comercial con Hagerty, mostrando que los valores fueron pagados en acciones.

El aviso también enumera múltiples ventas declaradas en el mercado abierto por Robert I. Kauffman/Aldel LLC en los últimos tres meses, incluyendo varios bloques grandes como 110,600 acciones el 07/24/2025, 99,766 acciones el 07/09/2025, y 62,500 acciones el 08/29/2025. El archivo registra 90,942,223 acciones en circulación para el emisor, y el presentante afirma cumplir con la Regla 144 y la ausencia de información material adversa no divulgada.

Hagerty, Inc.Form 144를 제출하여 3,024 주의 일반 주식을 총시가치 $36,318Merrill Lynch를 통해 2025/10/06NYSE에서 매각하려는 제안을 공시했습니다. 이 제출서는 이 주식들이 원래 2021/12/02에 Hagerty와의 사업 결합에 연결된 PIPE 금융의 일부로 인수되었으며 주식으로 대가가 지급되었음을 보여줍니다.

공고에는 지난 세 달간 Robert I. Kauffman/Aldel LLC이 개장 시장에서 보고된 다수의 매도가 포함되어 있으며, 110,600 주가 있는 대형 구간은 2025/07/24, 99,766 주가 있는 것은 2025/07/09, 62,500 주가 있는 것은 2025/08/29에 해당합니다. 제출서는 발행기업의 발행 주식 총수 90,942,223주를 기록하고 있으며, 제출자는 규칙 144를 준수하고 비공개의 중대한 악정보의 부재를 나타냅니다.

Hagerty, Inc. a déposé un Form 144 révélant une vente proposée de 3 024 actions ordinaires d’une valeur marchande totale de $36,318, à vendre par Merrill Lynch le 10/06/2025 sur le NYSE. Le dépôt précise que ces actions ont été acquises initialement le 12/02/2021 dans le cadre d’un financement PIPE lié à la fusion avec Hagerty, montrant que les titres ont été payés en actions.

L’avis réunit également plusieurs ventes sur le marché ouvert par Robert I. Kauffman/Aldel LLC au cours des trois derniers mois, dont plusieurs blocs importants tels que 110 600 actions le 24/07/2025, 99 766 actions le 09/07/2025, et 62 500 actions le 29/08/2025. Le dépôt indique 90 942 223 actions en circulation pour l’émetteur, et le déclarant affirme être en conformité avec la Rule 144 et l’absence d’informations importantes non divulguées.

Hagerty, Inc. hat ein Form 144 eingereicht, das einen geplanten Verkauf von 3.024 Stammaktien mit einem Gesamterwerbswert von $36,318 offenlegt, der durch Merrill Lynch am 10/06/2025 an der NYSE verkauft werden soll. Die Einreichung besagt, dass diese Aktien ursprünglich am 12/02/2021 im Rahmen einer PIPE-Finanzierung im Zusammenhang mit dem Geschäftsabschluss mit Hagerty erworben wurden und dass die Wertpapiere in Aktien bezahlt wurden.

Der Hinweis listet außerdem mehrere gemeldete Verkäufe am offenen Markt durch Robert I. Kauffman/Aldel LLC in den letzten drei Monaten auf, darunter mehrere große Tranchen wie 110.600 Aktien am 24/07/2025, 99.766 Aktien am 09/07/2025 und 62.500 Aktien am 29/08/2025. Die Einreichung verzeichnet 90.942.223 ausstehende Aktien des Emittenten, und der Einreicher bestätigt die Einhaltung der Rule 144 sowie das Fehlen von nicht offengelegten wesentlichen nachteiligen Informationen.

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

FAQ

What does Hagerty (HGTY) disclose in this Form 144?

The filing discloses a proposed sale of 3,024 common shares valued at $36,318, to be executed through Merrill Lynch on 10/06/2025, and lists prior open-market sales by the same filer.

Who is the seller named in the Form 144 for HGTY?

The seller is listed as Robert I. Kauffman, Aldel LLC with recent sales and the proposed sale reported on the form.

When were the shares being sold originally acquired?

The shares were acquired on 12/02/2021 as part of a PIPE financing related to the business combination with Hagerty; the consideration is listed as stock.

How many shares does Hagerty report outstanding on this filing?

The filing lists 90,942,223 shares outstanding for the issuer.

Are there recent large insider/affiliate sales disclosed?

Yes; the form reports multiple sales in the past three months, including large tranches such as 110,600 shares on 07/24/2025 and 99,766 shares on 07/09/2025.
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