[144] Hagerty, Inc. SEC Filing
Hagerty, Inc. (HGTY) Form 144 notice reports a proposed sale of 38,085 common shares with an aggregate market value of $457,400.00, intended to be sold on 09/08/2025 on the NYSE through Merrill Lynch. The filing states the shares were originally acquired on 12/02/2021 by Aldel LLC as part of a PIPE transaction disclosed in an 8-K, with 3,500,000 shares noted as acquired on that date. The document also lists numerous open-market sales by Robert I. Kauffman/Aldel LLC between 06/02/2025 and 09/03/2025, including multiple large blocks (for example, a sale of 110,600 shares on 07/24/2025 with gross proceeds of $1,156,876.00). The filer certifies no undisclosed material adverse information and follows Rule 144 disclosure requirements.
Hagerty, Inc. (HGTY) - Avviso Form 144: è stata segnalata una proposta di vendita di 38.085 azioni ordinarie per un valore complessivo di $457.400,00, prevista per il 08/09/2025 sulla NYSE tramite Merrill Lynch. Il deposito indica che le azioni erano state acquisite originariamente il 02/12/2021 da Aldel LLC nell'ambito di un'operazione PIPE descritta in un 8-K, con 3.500.000 azioni annotate come acquisite in quella data. Il documento elenca inoltre numerose vendite sul mercato aperto da parte di Robert I. Kauffman/Aldel LLC tra il 02/06/2025 e il 03/09/2025, incluse diverse blocchi significativi (ad esempio, la vendita di 110.600 azioni il 24/07/2025 per proventi lordi di $1.156.876,00). Il dichiarante certifica l'assenza di informazioni materiali non divulgate e dichiara di rispettare i requisiti di divulgazione previsti dalla Regola 144.
Hagerty, Inc. (HGTY) - Aviso Form 144: se informa de una propuesta de venta de 38,085 acciones ordinarias con un valor de mercado agregado de $457,400.00, prevista para el 08/09/2025 en la NYSE a través de Merrill Lynch. El expediente indica que las acciones fueron adquiridas originalmente el 02/12/2021 por Aldel LLC como parte de una transacción PIPE divulgada en un 8-K, con 3.500.000 acciones anotadas como adquiridas en esa fecha. El documento también lista numerosas ventas en el mercado abierto por Robert I. Kauffman/Aldel LLC entre el 02/06/2025 y el 03/09/2025, incluidas varias grandes bloques (por ejemplo, una venta de 110,600 acciones el 24/07/2025 por ingresos brutos de $1,156,876.00). El declarante certifica que no hay información material no divulgada y cumple con los requisitos de divulgación de la Regla 144.
Hagerty, Inc. (HGTY) - Form 144 공시: 총 시가가 $457,400.00인 38,085주 보통주 매각 예정이 2025-09-08 NYSE에서 Merrill Lynch를 통해 진행될 예정이라고 보고되었습니다. 신고서에 따르면 해당 주식은 2021-12-02에 Aldel LLC가 PIPE 거래의 일환으로 취득했으며, 그날 3,500,000주가 취득된 것으로 기재되어 있습니다. 문서는 또한 Robert I. Kauffman/Aldel LLC가 2025-06-02부터 2025-09-03 사이에 여러 차례 장내 매각을 한 내역을 열거하고 있으며, 예컨대 2025-07-24에 110,600주를 매각해 총 $1,156,876.00의 수익을 올린 대규모 블록 거래가 포함되어 있습니다. 제출자는 미공개 중대한 정보가 없음을 인증하며 규칙 144의 공시 요건을 준수한다고 명시했습니다.
Hagerty, Inc. (HGTY) – Avis Form 144 : un projet de vente de 38 085 actions ordinaires, pour une valeur marchande totale de 457 400,00 $, est signalé, avec exécution prévue le 08/09/2025 sur la NYSE via Merrill Lynch. Le dépôt indique que ces actions ont été initialement acquises le 02/12/2021 par Aldel LLC dans le cadre d’une opération PIPE divulguée dans un 8‑K, 3 500 000 actions étant enregistrées comme acquises à cette date. Le document énumère également de nombreuses ventes sur le marché libre par Robert I. Kauffman/Aldel LLC entre le 02/06/2025 et le 03/09/2025, y compris plusieurs blocs importants (par exemple une vente de 110 600 actions le 24/07/2025 pour un produit brut de 1 156 876,00 $). Le déclarant certifie l'absence d'informations matérielles non divulguées et respecte les obligations de divulgation de la Rule 144.
Hagerty, Inc. (HGTY) – Form 144 Mitteilung: Gemeldet wurde ein geplanter Verkauf von 38.085 Stammaktien mit einem Gesamtmarktwert von $457.400,00, vorgesehen am 08.09.2025 an der NYSE über Merrill Lynch. Die Einreichung gibt an, dass die Aktien ursprünglich am 02.12.2021 von Aldel LLC im Rahmen einer in einem 8‑K offengelegten PIPE‑Transaktion erworben wurden, wobei an diesem Datum 3.500.000 Aktien vermerkt sind. Das Dokument listet außerdem zahlreiche Verkäufe im offenen Markt durch Robert I. Kauffman/Aldel LLC zwischen 02.06.2025 und 03.09.2025, einschließlich mehrerer großer Blöcke (beispielsweise der Verkauf von 110.600 Aktien am 24.07.2025 mit Bruttoerlösen von $1.156.876,00). Der Einreicher bestätigt, dass keine nicht offen gelegten wesentlichen Informationen vorliegen und dass die Offenlegungspflichten nach Rule 144 eingehalten werden.
- Planned sale disclosed: Proposed sale of 38,085 shares valued at $457,400.00 to be executed on 09/08/2025 via Merrill Lynch
- Acquisition transparency: Shares were acquired on 12/02/2021 in a PIPE transaction (Aldel LLC), information tied to an 8-K disclosure
- Heavy insider/affiliate selling: Numerous open-market sales from 06/02/2025 to 09/03/2025, including large blocks (e.g., 110,600 shares on 07/24/2025 for $1,156,876.00)
- Potential supply pressure: Continued dispositions by Robert I. Kauffman/Aldel LLC could increase available float and affect market sentiment
Insights
TL;DR: The filing documents routine Rule 144 disclosure for insider/affiliate sales with significant recent volume but no new company disclosures.
The Form 144 shows a planned sale of 38,085 shares (value $457,400) to be executed through Merrill Lynch and confirms the shares were acquired in a December 2021 PIPE by Aldel LLC. The detailed list of prior transactions indicates sustained open-market dispositions by Robert I. Kauffman/Aldel LLC from June through early September 2025, including multiple multi-thousand-share trades and several large blocks. From an analytical perspective, this is a liquidity/ownership event rather than an operational disclosure; it affects float and potential supply but contains no new financial results or forward-looking company information. Impact on share price would depend on market absorption and timing of remaining insider holdings.
TL;DR: Substantial insider/affiliate selling is documented, which could be viewed negatively by investors monitoring insider disposition.
The record of frequent and sizable sales by an affiliate (Robert I. Kauffman/Aldel LLC) is material for governance and investor sentiment. The filing discloses acquisition origin (PIPE, 12/02/2021) and a planned near-term sale, plus many executed sales including a notably large block of 110,600 shares on 07/24/2025 (gross proceeds $1,156,876). While the Form 144 itself contains no allegations of misconduct and includes the signature certification regarding material information, the pattern of dispositions is meaningful to holders evaluating insider alignment with shareholder interests.
Hagerty, Inc. (HGTY) - Avviso Form 144: è stata segnalata una proposta di vendita di 38.085 azioni ordinarie per un valore complessivo di $457.400,00, prevista per il 08/09/2025 sulla NYSE tramite Merrill Lynch. Il deposito indica che le azioni erano state acquisite originariamente il 02/12/2021 da Aldel LLC nell'ambito di un'operazione PIPE descritta in un 8-K, con 3.500.000 azioni annotate come acquisite in quella data. Il documento elenca inoltre numerose vendite sul mercato aperto da parte di Robert I. Kauffman/Aldel LLC tra il 02/06/2025 e il 03/09/2025, incluse diverse blocchi significativi (ad esempio, la vendita di 110.600 azioni il 24/07/2025 per proventi lordi di $1.156.876,00). Il dichiarante certifica l'assenza di informazioni materiali non divulgate e dichiara di rispettare i requisiti di divulgazione previsti dalla Regola 144.
Hagerty, Inc. (HGTY) - Aviso Form 144: se informa de una propuesta de venta de 38,085 acciones ordinarias con un valor de mercado agregado de $457,400.00, prevista para el 08/09/2025 en la NYSE a través de Merrill Lynch. El expediente indica que las acciones fueron adquiridas originalmente el 02/12/2021 por Aldel LLC como parte de una transacción PIPE divulgada en un 8-K, con 3.500.000 acciones anotadas como adquiridas en esa fecha. El documento también lista numerosas ventas en el mercado abierto por Robert I. Kauffman/Aldel LLC entre el 02/06/2025 y el 03/09/2025, incluidas varias grandes bloques (por ejemplo, una venta de 110,600 acciones el 24/07/2025 por ingresos brutos de $1,156,876.00). El declarante certifica que no hay información material no divulgada y cumple con los requisitos de divulgación de la Regla 144.
Hagerty, Inc. (HGTY) - Form 144 공시: 총 시가가 $457,400.00인 38,085주 보통주 매각 예정이 2025-09-08 NYSE에서 Merrill Lynch를 통해 진행될 예정이라고 보고되었습니다. 신고서에 따르면 해당 주식은 2021-12-02에 Aldel LLC가 PIPE 거래의 일환으로 취득했으며, 그날 3,500,000주가 취득된 것으로 기재되어 있습니다. 문서는 또한 Robert I. Kauffman/Aldel LLC가 2025-06-02부터 2025-09-03 사이에 여러 차례 장내 매각을 한 내역을 열거하고 있으며, 예컨대 2025-07-24에 110,600주를 매각해 총 $1,156,876.00의 수익을 올린 대규모 블록 거래가 포함되어 있습니다. 제출자는 미공개 중대한 정보가 없음을 인증하며 규칙 144의 공시 요건을 준수한다고 명시했습니다.
Hagerty, Inc. (HGTY) – Avis Form 144 : un projet de vente de 38 085 actions ordinaires, pour une valeur marchande totale de 457 400,00 $, est signalé, avec exécution prévue le 08/09/2025 sur la NYSE via Merrill Lynch. Le dépôt indique que ces actions ont été initialement acquises le 02/12/2021 par Aldel LLC dans le cadre d’une opération PIPE divulguée dans un 8‑K, 3 500 000 actions étant enregistrées comme acquises à cette date. Le document énumère également de nombreuses ventes sur le marché libre par Robert I. Kauffman/Aldel LLC entre le 02/06/2025 et le 03/09/2025, y compris plusieurs blocs importants (par exemple une vente de 110 600 actions le 24/07/2025 pour un produit brut de 1 156 876,00 $). Le déclarant certifie l'absence d'informations matérielles non divulguées et respecte les obligations de divulgation de la Rule 144.
Hagerty, Inc. (HGTY) – Form 144 Mitteilung: Gemeldet wurde ein geplanter Verkauf von 38.085 Stammaktien mit einem Gesamtmarktwert von $457.400,00, vorgesehen am 08.09.2025 an der NYSE über Merrill Lynch. Die Einreichung gibt an, dass die Aktien ursprünglich am 02.12.2021 von Aldel LLC im Rahmen einer in einem 8‑K offengelegten PIPE‑Transaktion erworben wurden, wobei an diesem Datum 3.500.000 Aktien vermerkt sind. Das Dokument listet außerdem zahlreiche Verkäufe im offenen Markt durch Robert I. Kauffman/Aldel LLC zwischen 02.06.2025 und 03.09.2025, einschließlich mehrerer großer Blöcke (beispielsweise der Verkauf von 110.600 Aktien am 24.07.2025 mit Bruttoerlösen von $1.156.876,00). Der Einreicher bestätigt, dass keine nicht offen gelegten wesentlichen Informationen vorliegen und dass die Offenlegungspflichten nach Rule 144 eingehalten werden.
FAQ
What does the Form 144 for Hagerty (HGTY) disclose about the proposed sale?
Who is selling the shares listed in the filing?
When and how were the shares being sold acquired?
Does the filing report prior sales by the same seller?
What broker is handling the proposed sale?
