STOCK TITAN

[144] Hagerty, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Hagerty, Inc. (HGTY) Form 144 shows a proposed sale of 62,500 common shares through Merrill Lynch on the NYSE with an aggregate market value of $701,875 and approximately 90,942,223 shares outstanding. The securities were originally acquired by Aldel LLC on 12/02/2021 as part of a PIPE tied to Hagerty's business combination and the filing lists the nature of the payment as stock. The filing also discloses numerous secondary sales by Robert I. Kauffman/Aldel LLC between 06/02/2025 and 08/28/2025, including several large blocks (for example, 110,600 shares sold on 07/24/2025). The filer certifies no undisclosed material adverse information.

Hagerty, Inc. (HGTY) - Il modulo 144 indica la proposta di vendita di 62.500 azioni ordinarie tramite Merrill Lynch sul NYSE, per un valore complessivo di mercato di $701.875, con circa 90.942.223 azioni in circolazione. I titoli erano stati originariamente acquistati da Aldel LLC il 02/12/2021 nell'ambito di un PIPE collegato alla business combination di Hagerty e la documentazione riporta la natura del pagamento come stock. Il filing segnala inoltre numerose vendite secondarie da parte di Robert I. Kauffman/Aldel LLC tra il 02/06/2025 e il 28/08/2025, incluse alcune tranche consistenti (ad esempio, 110.600 azioni vendute il 24/07/2025). Il dichiarante certifica l'assenza di informazioni materiali sfuggite alla divulgazione.

Hagerty, Inc. (HGTY) - El formulario 144 muestra la propuesta de venta de 62.500 acciones ordinarias a través de Merrill Lynch en la NYSE, con un valor de mercado agregado de $701.875 y aproximadamente 90.942.223 acciones en circulación. Los títulos fueron adquiridos originalmente por Aldel LLC el 02/12/2021 como parte de un PIPE vinculado a la combinación de negocios de Hagerty y la presentación indica que la forma de pago fue stock. El filing también revela numerosas ventas secundarias por parte de Robert I. Kauffman/Aldel LLC entre el 02/06/2025 y el 28/08/2025, incluyendo varios bloques grandes (por ejemplo, 110.600 acciones vendidas el 24/07/2025). El declarante certifica que no hay información material no divulgada.

Hagerty, Inc. (HGTY) - Form 144에 따르면 NYSE에서 Merrill Lynch를 통해 62,500 보통주 매도 제안이 있었으며 총 시장가치는 $701,875, 총 발행주식수는 약 90,942,223주입니다. 해당 증권은 원래 2021/12/02에 Aldel LLC가 Hagerty의 기업결합과 연계된 PIPE의 일부로 취득했으며, 제출서류에는 지급 성격이 주식(stock)으로 기재되어 있습니다. 또한 제출서류는 Robert I. Kauffman/Aldel LLC가 2025/06/02부터 2025/08/28 사이에 다수의 2차 매각을 했음을 공개하고 있으며, 예컨대 2025/07/24110,600주를 처분한 큰 블록도 포함되어 있습니다. 제출자는 공개되지 않은 중대한 불리한 정보가 없음을 인증합니다.

Hagerty, Inc. (HGTY) - Le formulaire 144 indique une proposition de vente de 62 500 actions ordinaires via Merrill Lynch sur le NYSE, pour une valeur de marché totale de 701 875 $ et environ 90 942 223 actions en circulation. Les titres avaient été initialement acquis par Aldel LLC le 02/12/2021 dans le cadre d'un PIPE lié à la fusion d'entreprise de Hagerty et le dossier mentionne la nature du paiement comme stock. Le dépôt révèle également de nombreuses ventes secondaires effectuées par Robert I. Kauffman/Aldel LLC entre le 02/06/2025 et le 28/08/2025, y compris plusieurs lots importants (par exemple, 110 600 actions vendues le 24/07/2025). Le déclarant certifie qu'il n'existe pas d'informations défavorables importantes non divulguées.

Hagerty, Inc. (HGTY) - Das Formular 144 zeigt einen vorgeschlagenen Verkauf von 62.500 Stammaktien über Merrill Lynch an der NYSE mit einem aggregierten Marktwert von $701.875 und etwa 90.942.223 ausstehenden Aktien. Die Wertpapiere wurden ursprünglich von Aldel LLC am 02.12.2021 im Rahmen einer PIPE im Zusammenhang mit der Unternehmenszusammenführung von Hagerty erworben; in der Einreichung wird die Zahlungsart als Stock angegeben. Die Einreichung offenbart außerdem zahlreiche Sekundärverkäufe durch Robert I. Kauffman/Aldel LLC zwischen dem 02.06.2025 und dem 28.08.2025, einschließlich einiger großer Blöcke (z. B. 110.600 Aktien, verkauft am 24.07.2025). Der Anmelder bestätigt, dass keine nicht offen gelegten wesentlichen nachteiligen Informationen vorliegen.

Positive
  • Planned sale fully disclosed: Form 144 specifies 62,500 shares, broker (Merrill Lynch), exchange (NYSE), and aggregate value ($701,875).
  • Acquisition provenance provided: The filing states the shares were acquired by Aldel LLC on 12/02/2021 via a PIPE related to the business combination.
  • Extensive transaction history included: Detailed list of secondary sales from 06/02/2025 through 08/28/2025 increases transparency.
Negative
  • Frequent prior sales: Numerous dispositions by Robert I. Kauffman/Aldel LLC are listed in the past three months, including large blocks (e.g., 110,600 shares on 07/24/2025).
  • Potential selling pressure signaled: The volume and frequency of reported sales show sustained liquidity from a related holder (factually reported in the filing).

Insights

TL;DR: Form 144 reports a planned 62,500-share sale and extensive prior secondary sales by Aldel LLC, signaling notable insider liquidity.

The filing documents a proposed brokered sale of 62,500 common shares valued at $701,875 and confirms the shares were acquired in a PIPE on 12/02/2021. The detailed ledger of transactions between 06/02/2025 and 08/28/2025 shows frequent disposals, including several large blocks such as 110,600 shares on 07/24/2025. For analysts, this is a clear record of insider or related-party selling activity; the filing itself contains no performance metrics or forward guidance.

TL;DR: The Form 144 is a routine disclosure of proposed insider-related sales with full acquisition provenance noted.

The notice identifies Aldel LLC as the holder and discloses acquisition via the PIPE tied to Hagerty's business combination, meeting disclosure expectations. The signer affirms no undisclosed material adverse information. The filing provides transparency on timing, broker, and transaction history but does not include any trading plan adoption date or additional governance context.

Hagerty, Inc. (HGTY) - Il modulo 144 indica la proposta di vendita di 62.500 azioni ordinarie tramite Merrill Lynch sul NYSE, per un valore complessivo di mercato di $701.875, con circa 90.942.223 azioni in circolazione. I titoli erano stati originariamente acquistati da Aldel LLC il 02/12/2021 nell'ambito di un PIPE collegato alla business combination di Hagerty e la documentazione riporta la natura del pagamento come stock. Il filing segnala inoltre numerose vendite secondarie da parte di Robert I. Kauffman/Aldel LLC tra il 02/06/2025 e il 28/08/2025, incluse alcune tranche consistenti (ad esempio, 110.600 azioni vendute il 24/07/2025). Il dichiarante certifica l'assenza di informazioni materiali sfuggite alla divulgazione.

Hagerty, Inc. (HGTY) - El formulario 144 muestra la propuesta de venta de 62.500 acciones ordinarias a través de Merrill Lynch en la NYSE, con un valor de mercado agregado de $701.875 y aproximadamente 90.942.223 acciones en circulación. Los títulos fueron adquiridos originalmente por Aldel LLC el 02/12/2021 como parte de un PIPE vinculado a la combinación de negocios de Hagerty y la presentación indica que la forma de pago fue stock. El filing también revela numerosas ventas secundarias por parte de Robert I. Kauffman/Aldel LLC entre el 02/06/2025 y el 28/08/2025, incluyendo varios bloques grandes (por ejemplo, 110.600 acciones vendidas el 24/07/2025). El declarante certifica que no hay información material no divulgada.

Hagerty, Inc. (HGTY) - Form 144에 따르면 NYSE에서 Merrill Lynch를 통해 62,500 보통주 매도 제안이 있었으며 총 시장가치는 $701,875, 총 발행주식수는 약 90,942,223주입니다. 해당 증권은 원래 2021/12/02에 Aldel LLC가 Hagerty의 기업결합과 연계된 PIPE의 일부로 취득했으며, 제출서류에는 지급 성격이 주식(stock)으로 기재되어 있습니다. 또한 제출서류는 Robert I. Kauffman/Aldel LLC가 2025/06/02부터 2025/08/28 사이에 다수의 2차 매각을 했음을 공개하고 있으며, 예컨대 2025/07/24110,600주를 처분한 큰 블록도 포함되어 있습니다. 제출자는 공개되지 않은 중대한 불리한 정보가 없음을 인증합니다.

Hagerty, Inc. (HGTY) - Le formulaire 144 indique une proposition de vente de 62 500 actions ordinaires via Merrill Lynch sur le NYSE, pour une valeur de marché totale de 701 875 $ et environ 90 942 223 actions en circulation. Les titres avaient été initialement acquis par Aldel LLC le 02/12/2021 dans le cadre d'un PIPE lié à la fusion d'entreprise de Hagerty et le dossier mentionne la nature du paiement comme stock. Le dépôt révèle également de nombreuses ventes secondaires effectuées par Robert I. Kauffman/Aldel LLC entre le 02/06/2025 et le 28/08/2025, y compris plusieurs lots importants (par exemple, 110 600 actions vendues le 24/07/2025). Le déclarant certifie qu'il n'existe pas d'informations défavorables importantes non divulguées.

Hagerty, Inc. (HGTY) - Das Formular 144 zeigt einen vorgeschlagenen Verkauf von 62.500 Stammaktien über Merrill Lynch an der NYSE mit einem aggregierten Marktwert von $701.875 und etwa 90.942.223 ausstehenden Aktien. Die Wertpapiere wurden ursprünglich von Aldel LLC am 02.12.2021 im Rahmen einer PIPE im Zusammenhang mit der Unternehmenszusammenführung von Hagerty erworben; in der Einreichung wird die Zahlungsart als Stock angegeben. Die Einreichung offenbart außerdem zahlreiche Sekundärverkäufe durch Robert I. Kauffman/Aldel LLC zwischen dem 02.06.2025 und dem 28.08.2025, einschließlich einiger großer Blöcke (z. B. 110.600 Aktien, verkauft am 24.07.2025). Der Anmelder bestätigt, dass keine nicht offen gelegten wesentlichen nachteiligen Informationen vorliegen.

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 the Form 144 for Hagerty (HGTY) disclose about the proposed sale?

The filing discloses a proposed sale of 62,500 common shares through Merrill Lynch on the NYSE with an aggregate market value of $701,875.

Who acquired the securities being sold and when were they acquired?

The securities were acquired by Aldel LLC on 12/02/2021 as part of a PIPE financing related to Hagerty's business combination.

Does the filing list previous sales of Hagerty shares by the same holder?

Yes. The filing lists numerous sales by Robert I. Kauffman/Aldel LLC between 06/02/2025 and 08/28/2025, including several large transactions.

Which broker and exchange are involved in the planned sale?

The notice names Merrill Lynch, 200 Park Ave, New York as the broker and lists the NYSE as the exchange.

What representation does the filer make about undisclosed material information?

By signing, the person for whose account the securities are to be sold represents they do not know any material adverse information regarding the issuer that has not been publicly disclosed.
HAGERTY INC

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