[144] Hagerty, Inc. SEC Filing
Hagerty, Inc. (HGTY) insider selling notice under Rule 144. The filer reports a proposed sale of 9,844 common shares through Merrill Lynch on the NYSE with an aggregate market value of $105,921, against approximately 90,942,223 shares outstanding. The securities were originally acquired on 12/02/2021 by Aldel LLC as part of a PIPE financing that accompanied Hagerty’s business combination. The filing also lists numerous sales by Robert I. Kauffman/Aldel LLC during the past three months, with individual transactions and gross proceeds recorded (examples include sales of 98,766 and 110,600 shares on single days). The notice includes the required representation about absence of undisclosed material information.
Avviso di vendita da parte di insider di Hagerty, Inc. (HGTY) ai sensi della Rule 144. Il dichiaratore segnala la proposta di vendere 9.844 azioni ordinarie tramite Merrill Lynch alla NYSE per un valore complessivo di $105.921, rispetto a circa 90.942.223 azioni in circolazione. I titoli sono stati originariamente acquisiti il 12/02/2021 da Aldel LLC nell’ambito di un finanziamento PIPE collegato all’operazione di fusione di Hagerty. La comunicazione elenca inoltre numerose vendite effettuate da Robert I. Kauffman/Aldel LLC negli ultimi tre mesi, con singole transazioni e proventi lordi riportati (ad esempio vendite di 98.766 e 110.600 azioni in singole giornate). L’avviso include la dichiarazione richiesta circa l’assenza di informazioni rilevanti non divulgate.
Aviso de venta por insider de Hagerty, Inc. (HGTY) conforme a la Regla 144. El declarante informa una propuesta de venta de 9.844 acciones ordinarias a través de Merrill Lynch en la NYSE por un valor agregado de $105.921, frente a aproximadamente 90.942.223 acciones en circulación. Los títulos fueron adquiridos originalmente el 12/02/2021 por Aldel LLC como parte de una financiación PIPE relacionada con la combinación de negocios de Hagerty. La presentación también enumera numerosas ventas realizadas por Robert I. Kauffman/Aldel LLC durante los últimos tres meses, con transacciones individuales y los ingresos brutos registrados (por ejemplo, ventas de 98.766 y 110.600 acciones en días individuales). El aviso incluye la representación requerida sobre la ausencia de información material no divulgada.
Rule 144에 따른 Hagerty, Inc. (HGTY) 내부자 매도 통지. 제출인은 NYSE의 Merrill Lynch를 통해 총액 $105,921에 해당하는 9,844 보통주 매도를 제안했다고 보고했으며, 총 발행주식수는 약 90,942,223주입니다. 해당 증권은 Hagerty의 기업결합과 함께 이루어진 PIPE 자금조달의 일환으로 2021-12-02에 Aldel LLC가 최초로 취득했습니다. 제출서류에는 또한 지난 3개월 동안 Robert I. Kauffman/Aldel LLC가 수행한 다수의 매도 내역과 개별 거래 및 총수익이 기재되어 있습니다(예: 단일일에 98,766주 및 110,600주 매도). 통지서에는 미공개 중요정보가 없다는 필수 진술도 포함되어 있습니다.
Avis de cession par initié de Hagerty, Inc. (HGTY) en vertu de la Rule 144. Le déclarant signale une proposition de vente de 9 844 actions ordinaires via Merrill Lynch sur le NYSE pour une valeur totale de 105 921 $, sur environ 90 942 223 actions en circulation. Les titres ont été initialement acquis le 12/02/2021 par Aldel LLC dans le cadre d’un financement PIPE lié à la fusion d’entreprise de Hagerty. Le dépôt énumère également de nombreuses ventes réalisées par Robert I. Kauffman/Aldel LLC au cours des trois derniers mois, avec les transactions individuelles et les produits bruts enregistrés (par exemple des ventes de 98 766 et 110 600 actions sur des journées individuelles). L’avis comprend la déclaration requise concernant l’absence d’informations matérielles non divulgées.
Mitteilung über Insider-Verkäufe von Hagerty, Inc. (HGTY) gemäß Rule 144. Der Meldende berichtet über einen geplanten Verkauf von 9.844 Stammaktien über Merrill Lynch an der NYSE mit einem Gesamtmarktwert von $105.921, bei rund 90.942.223 ausstehenden Aktien. Die Wertpapiere wurden ursprünglich am 12/02/2021 von Aldel LLC im Rahmen einer PIPE-Finanzierung erworben, die mit der Unternehmenszusammenführung von Hagerty einherging. Die Einreichung listet zudem zahlreiche Verkäufe von Robert I. Kauffman/Aldel LLC in den letzten drei Monaten auf, mit einzelnen Transaktionen und ausgewiesenen Bruttoerlösen (z. B. Verkäufe von 98.766 und 110.600 Aktien an einzelnen Tagen). Die Mitteilung enthält die erforderliche Zusicherung über das Fehlen nicht offengelegter wesentlicher Informationen.
- None.
- Insider selling documented: Multiple sizeable dispositions by Robert I. Kauffman/Aldel LLC are listed in the past three months, increasing public float.
- Large original PIPE allocation: Aldel LLC acquired 3,500,000 shares on 12/02/2021, indicating a prior substantial insider position that has been subject to subsequent sales.
Insights
TL;DR: Significant insider-originated volume recorded; watch dilution and floating share impact.
The filing documents a Rule 144 notice for 9,844 shares to be sold through Merrill Lynch and details extensive recent sales by Robert I. Kauffman/Aldel LLC across many dates with listed gross proceeds per trade. The securities were acquired in a 12/02/2021 PIPE transaction totaling 3,500,000 shares to Aldel LLC. From an equity-supply perspective, the combination of the large PIPE acquisition history and repeated dispositions within the past three months increases the number of shares moving into the public float. This is a factual disclosure of transfers and proposed sales rather than an operational update.
TL;DR: Recurrent insider sales disclosed; compliance with Rule 144 and 10b5-1 representation present.
The document provides the Rule 144 notice elements including acquisition history, broker, planned sale amount, and a statement regarding material nonpublic information and any trading plan. It shows Aldel LLC’s original PIPE acquisition and many executed sales by Robert I. Kauffman/Aldel LLC in the recent three-month window with specific per-trade gross proceeds. The filing fulfills disclosure requirements; it does not include management commentary or other governance changes.
Avviso di vendita da parte di insider di Hagerty, Inc. (HGTY) ai sensi della Rule 144. Il dichiaratore segnala la proposta di vendere 9.844 azioni ordinarie tramite Merrill Lynch alla NYSE per un valore complessivo di $105.921, rispetto a circa 90.942.223 azioni in circolazione. I titoli sono stati originariamente acquisiti il 12/02/2021 da Aldel LLC nell’ambito di un finanziamento PIPE collegato all’operazione di fusione di Hagerty. La comunicazione elenca inoltre numerose vendite effettuate da Robert I. Kauffman/Aldel LLC negli ultimi tre mesi, con singole transazioni e proventi lordi riportati (ad esempio vendite di 98.766 e 110.600 azioni in singole giornate). L’avviso include la dichiarazione richiesta circa l’assenza di informazioni rilevanti non divulgate.
Aviso de venta por insider de Hagerty, Inc. (HGTY) conforme a la Regla 144. El declarante informa una propuesta de venta de 9.844 acciones ordinarias a través de Merrill Lynch en la NYSE por un valor agregado de $105.921, frente a aproximadamente 90.942.223 acciones en circulación. Los títulos fueron adquiridos originalmente el 12/02/2021 por Aldel LLC como parte de una financiación PIPE relacionada con la combinación de negocios de Hagerty. La presentación también enumera numerosas ventas realizadas por Robert I. Kauffman/Aldel LLC durante los últimos tres meses, con transacciones individuales y los ingresos brutos registrados (por ejemplo, ventas de 98.766 y 110.600 acciones en días individuales). El aviso incluye la representación requerida sobre la ausencia de información material no divulgada.
Rule 144에 따른 Hagerty, Inc. (HGTY) 내부자 매도 통지. 제출인은 NYSE의 Merrill Lynch를 통해 총액 $105,921에 해당하는 9,844 보통주 매도를 제안했다고 보고했으며, 총 발행주식수는 약 90,942,223주입니다. 해당 증권은 Hagerty의 기업결합과 함께 이루어진 PIPE 자금조달의 일환으로 2021-12-02에 Aldel LLC가 최초로 취득했습니다. 제출서류에는 또한 지난 3개월 동안 Robert I. Kauffman/Aldel LLC가 수행한 다수의 매도 내역과 개별 거래 및 총수익이 기재되어 있습니다(예: 단일일에 98,766주 및 110,600주 매도). 통지서에는 미공개 중요정보가 없다는 필수 진술도 포함되어 있습니다.
Avis de cession par initié de Hagerty, Inc. (HGTY) en vertu de la Rule 144. Le déclarant signale une proposition de vente de 9 844 actions ordinaires via Merrill Lynch sur le NYSE pour une valeur totale de 105 921 $, sur environ 90 942 223 actions en circulation. Les titres ont été initialement acquis le 12/02/2021 par Aldel LLC dans le cadre d’un financement PIPE lié à la fusion d’entreprise de Hagerty. Le dépôt énumère également de nombreuses ventes réalisées par Robert I. Kauffman/Aldel LLC au cours des trois derniers mois, avec les transactions individuelles et les produits bruts enregistrés (par exemple des ventes de 98 766 et 110 600 actions sur des journées individuelles). L’avis comprend la déclaration requise concernant l’absence d’informations matérielles non divulgées.
Mitteilung über Insider-Verkäufe von Hagerty, Inc. (HGTY) gemäß Rule 144. Der Meldende berichtet über einen geplanten Verkauf von 9.844 Stammaktien über Merrill Lynch an der NYSE mit einem Gesamtmarktwert von $105.921, bei rund 90.942.223 ausstehenden Aktien. Die Wertpapiere wurden ursprünglich am 12/02/2021 von Aldel LLC im Rahmen einer PIPE-Finanzierung erworben, die mit der Unternehmenszusammenführung von Hagerty einherging. Die Einreichung listet zudem zahlreiche Verkäufe von Robert I. Kauffman/Aldel LLC in den letzten drei Monaten auf, mit einzelnen Transaktionen und ausgewiesenen Bruttoerlösen (z. B. Verkäufe von 98.766 und 110.600 Aktien an einzelnen Tagen). Die Mitteilung enthält die erforderliche Zusicherung über das Fehlen nicht offengelegter wesentlicher Informationen.
FAQ
What does the Form 144 for Hagerty, Inc. (HGTY) report?
Who is the seller named in this Rule 144 filing?
How many shares did Aldel LLC acquire and when?
Are there sales by the same person in the past three months?
Through which broker will the proposed sale occur?
