[144] Hagerty, Inc. SEC Filing
Hagerty, Inc. (HGTY) Form 144 discloses a proposed sale of 22,295 common shares through Merrill Lynch on the NYSE with an aggregate market value of $248,480. The filer indicates acquisition of 3,500,000 shares on 12/02/2021 as part of a PIPE related to the business combination with Hagerty. The filing lists extensive prior open-market sales by Robert I. Kauffman/Aldel LLC between 06/02/2025 and 08/29/2025, including several large blocks (for example, 110,600 shares on 07/24/2025 and 98,766 shares on 07/09/2025), with individual gross proceeds shown for each sale. The notice includes the standard signature representation about absence of undisclosed material adverse information.
Il Modulo 144 di Hagerty, Inc. (HGTY) segnala una proposta di vendita di 22.295 azioni ordinarie tramite Merrill Lynch alla NYSE, per un valore di mercato complessivo di $248.480. Il dichiarante indica di aver acquisito 3.500.000 azioni il 02/12/2021 nell'ambito di un PIPE collegato alla business combination con Hagerty. La comunicazione elenca numerose vendite precedenti sul mercato aperto effettuate da Robert I. Kauffman/Aldel LLC tra il 02/06/2025 e il 29/08/2025, incluse grandi delegazioni (per esempio, 110.600 azioni il 24/07/2025 e 98.766 azioni il 09/07/2025), con i ricavi lordi indicati per ogni operazione. L'avviso riporta infine la consueta dichiarazione di firma relativa all'assenza di informazioni materiali non divulgate.
El Formulario 144 de Hagerty, Inc. (HGTY) revela una propuesta de venta de 22.295 acciones ordinarias a través de Merrill Lynch en la NYSE, con un valor de mercado agregado de $248.480. El declarante indica la adquisición de 3.500.000 acciones el 02/12/2021 como parte de un PIPE relacionado con la combinación de negocios con Hagerty. La presentación lista numerosas ventas abiertas anteriores en el mercado por parte de Robert I. Kauffman/Aldel LLC entre el 02/06/2025 y el 29/08/2025, incluyendo varios bloques grandes (por ejemplo, 110.600 acciones el 24/07/2025 y 98.766 acciones el 09/07/2025), con los ingresos brutos individuales indicados para cada venta. El aviso incluye la representación estándar de la firma sobre la ausencia de información material no divulgada.
Hagerty, Inc.(HGTY)의 Form 144는 NYSE에서 Merrill Lynch를 통해 22,295 보통주를 매도할 예정이며, 총 시가 총액 $248,480이라고 공시합니다. 제출인은 Hagerty와의 기업결합 관련 PIPE의 일환으로 2021-12-02에 3,500,000주를 취득했다고 명시했습니다. 제출서에는 Robert I. Kauffman/Aldel LLC가 2025-06-02부터 2025-08-29 사이에 수행한 다수의 이전 공개시장 매각이 열거되어 있으며, 예컨대 2025-07-24의 110,600주와 2025-07-09의 98,766주 같은 대량 블록이 포함되어 있고 각 매각별 총수익이 기재되어 있습니다. 통지에는 미공개 중대한 정보가 없다는 표준 서명 진술도 포함되어 있습니다.
Le Formulaire 144 de Hagerty, Inc. (HGTY) révèle une proposition de vente de 22 295 actions ordinaires par l'intermédiaire de Merrill Lynch à la NYSE, pour une valeur de marché totale de 248 480 $. Le déclarant indique avoir acquis 3 500 000 actions le 02/12/2021 dans le cadre d'un PIPE lié à la fusion avec Hagerty. Le dépôt énumère de nombreuses ventes antérieures effectuées en marché ouvert par Robert I. Kauffman/Aldel LLC entre le 02/06/2025 et le 29/08/2025, incluant plusieurs blocs importants (par exemple 110 600 actions le 24/07/2025 et 98 766 actions le 09/07/2025), avec les produits bruts individuels indiqués pour chaque cession. L'avis comprend enfin la déclaration standard signée attestant de l'absence d'informations matérielles non divulguées.
Das Formular 144 von Hagerty, Inc. (HGTY) gibt einen geplanten Verkauf von 22.295 Stammaktien über Merrill Lynch an der NYSE mit einem gesamten Marktwert von $248.480 bekannt. Der Anmelder gibt an, am 02.12.2021 3.500.000 Aktien im Rahmen eines PIPE im Zusammenhang mit der Unternehmenszusammenführung mit Hagerty erworben zu haben. Die Einreichung listet zahlreiche frühere Verkäufe am offenen Markt durch Robert I. Kauffman/Aldel LLC zwischen dem 02.06.2025 und dem 29.08.2025, einschließlich mehrerer großer Pakete (z. B. 110.600 Aktien am 24.07.2025 und 98.766 Aktien am 09.07.2025), wobei die Bruttoerlöse für jede Transaktion angegeben sind. Die Mitteilung enthält abschließend die übliche Unterschriftsbestätigung über das Fehlen nicht offengelegter wesentlicher Informationen.
- Transparent disclosure of proposed sale details including broker, exchange, share count, and market value
- Origin of holdings disclosed: acquisition of 3,500,000 shares on 12/02/2021 as part of the PIPE financing
- Comprehensive historical sales listing providing dates and gross proceeds for prior open-market dispositions
- Significant prior selling activity by Robert I. Kauffman/Aldel LLC across June–August 2025, including large blocks (e.g., 110,600 and 98,766 shares)
- Potential dilution/liquidity pressure from continued disposition of shares, as evidenced by repeated sales over the reported period
Insights
TL;DR: Routine Form 144 disclosure of insider-related sales; transaction sizes appear small relative to total shares outstanding.
The filing documents a proposed sale of 22,295 shares valued at $248,480 and details prior systematic sales by Robert I. Kauffman/Aldel LLC across June–August 2025. The filer acquired 3.5 million shares in a December 2021 PIPE. Given total shares outstanding of 90,942,223, the proposed block is a very small fraction of outstanding stock (~0.025%). The list of prior sales shows ongoing liquidity events but the filing itself contains no new operational or financial disclosures about the company.
TL;DR: Transparent compliance filing documenting planned sales and prior dispositions; no governance red flags disclosed here.
The Form 144 serves to notify the market of proposed Rule 144 sales and records past transactions by a related party. It confirms acquisition origin (PIPE) and lists broker and exchange details. There is no indication of undisclosed material information and the attestation language is included. This is a routine compliance disclosure rather than a material corporate governance event.
Il Modulo 144 di Hagerty, Inc. (HGTY) segnala una proposta di vendita di 22.295 azioni ordinarie tramite Merrill Lynch alla NYSE, per un valore di mercato complessivo di $248.480. Il dichiarante indica di aver acquisito 3.500.000 azioni il 02/12/2021 nell'ambito di un PIPE collegato alla business combination con Hagerty. La comunicazione elenca numerose vendite precedenti sul mercato aperto effettuate da Robert I. Kauffman/Aldel LLC tra il 02/06/2025 e il 29/08/2025, incluse grandi delegazioni (per esempio, 110.600 azioni il 24/07/2025 e 98.766 azioni il 09/07/2025), con i ricavi lordi indicati per ogni operazione. L'avviso riporta infine la consueta dichiarazione di firma relativa all'assenza di informazioni materiali non divulgate.
El Formulario 144 de Hagerty, Inc. (HGTY) revela una propuesta de venta de 22.295 acciones ordinarias a través de Merrill Lynch en la NYSE, con un valor de mercado agregado de $248.480. El declarante indica la adquisición de 3.500.000 acciones el 02/12/2021 como parte de un PIPE relacionado con la combinación de negocios con Hagerty. La presentación lista numerosas ventas abiertas anteriores en el mercado por parte de Robert I. Kauffman/Aldel LLC entre el 02/06/2025 y el 29/08/2025, incluyendo varios bloques grandes (por ejemplo, 110.600 acciones el 24/07/2025 y 98.766 acciones el 09/07/2025), con los ingresos brutos individuales indicados para cada venta. El aviso incluye la representación estándar de la firma sobre la ausencia de información material no divulgada.
Hagerty, Inc.(HGTY)의 Form 144는 NYSE에서 Merrill Lynch를 통해 22,295 보통주를 매도할 예정이며, 총 시가 총액 $248,480이라고 공시합니다. 제출인은 Hagerty와의 기업결합 관련 PIPE의 일환으로 2021-12-02에 3,500,000주를 취득했다고 명시했습니다. 제출서에는 Robert I. Kauffman/Aldel LLC가 2025-06-02부터 2025-08-29 사이에 수행한 다수의 이전 공개시장 매각이 열거되어 있으며, 예컨대 2025-07-24의 110,600주와 2025-07-09의 98,766주 같은 대량 블록이 포함되어 있고 각 매각별 총수익이 기재되어 있습니다. 통지에는 미공개 중대한 정보가 없다는 표준 서명 진술도 포함되어 있습니다.
Le Formulaire 144 de Hagerty, Inc. (HGTY) révèle une proposition de vente de 22 295 actions ordinaires par l'intermédiaire de Merrill Lynch à la NYSE, pour une valeur de marché totale de 248 480 $. Le déclarant indique avoir acquis 3 500 000 actions le 02/12/2021 dans le cadre d'un PIPE lié à la fusion avec Hagerty. Le dépôt énumère de nombreuses ventes antérieures effectuées en marché ouvert par Robert I. Kauffman/Aldel LLC entre le 02/06/2025 et le 29/08/2025, incluant plusieurs blocs importants (par exemple 110 600 actions le 24/07/2025 et 98 766 actions le 09/07/2025), avec les produits bruts individuels indiqués pour chaque cession. L'avis comprend enfin la déclaration standard signée attestant de l'absence d'informations matérielles non divulguées.
Das Formular 144 von Hagerty, Inc. (HGTY) gibt einen geplanten Verkauf von 22.295 Stammaktien über Merrill Lynch an der NYSE mit einem gesamten Marktwert von $248.480 bekannt. Der Anmelder gibt an, am 02.12.2021 3.500.000 Aktien im Rahmen eines PIPE im Zusammenhang mit der Unternehmenszusammenführung mit Hagerty erworben zu haben. Die Einreichung listet zahlreiche frühere Verkäufe am offenen Markt durch Robert I. Kauffman/Aldel LLC zwischen dem 02.06.2025 und dem 29.08.2025, einschließlich mehrerer großer Pakete (z. B. 110.600 Aktien am 24.07.2025 und 98.766 Aktien am 09.07.2025), wobei die Bruttoerlöse für jede Transaktion angegeben sind. Die Mitteilung enthält abschließend die übliche Unterschriftsbestätigung über das Fehlen nicht offengelegter wesentlicher Informationen.
FAQ
What does Hagerty (HGTY) Form 144 disclose about the proposed sale?
Who is the filer and how were the shares acquired?
How much of Hagerty's outstanding stock does the proposed sale represent?
Does the filing show prior sales by the filer?
Is there any new company operational or earnings information in this Form 144?
