STOCK TITAN

[144] Hagerty, Inc. SEC Filing

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

Form 144 filed for Hagerty, Inc. (HGTY) reporting a proposed sale of 6,081 common shares through Merrill Lynch (New York) with an aggregate market value of $66,404.00, with an approximate sale date of 08/22/2025 on the NYSE. The filing identifies Aldel LLC (related to Robert I. Kauffman) as the holder and notes the shares were acquired on 12/02/2021 as part of a PIPE financing tied to Hagerty’s business combination. The filer also discloses extensive prior sales by Robert I. Kauffman/Aldel LLC across numerous dates from 04/24/2025 through 08/21/2025, including several large lots such as 110,600 shares sold on 07/24/2025 for $1,156,876.00. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Depositato il Modulo 144 per Hagerty, Inc. (HGTY) che segnala una proposta di vendita di 6.081 azioni ordinarie tramite Merrill Lynch (New York) per un valore complessivo di $66.404,00, con data di vendita approssimativa 22/08/2025 sulla NYSE. Il documento indica Aldel LLC (collegata a Robert I. Kauffman) come titolare e specifica che le azioni sono state acquisite il 02/12/2021 nell'ambito di un finanziamento PIPE correlato alla business combination di Hagerty. Il dichiarante segnala inoltre numerose vendite precedenti effettuate da Robert I. Kauffman/Aldel LLC in diverse date dal 24/04/2025 al 21/08/2025, incluse lotti consistenti come le 110.600 azioni vendute il 24/07/2025 per $1.156.876,00. L'avviso riporta la consueta dichiarazione che il venditore non è a conoscenza di informazioni materiali negative non divulgate.

Presentado el Formulario 144 para Hagerty, Inc. (HGTY) que informa de una propuesta de venta de 6.081 acciones ordinarias a través de Merrill Lynch (Nueva York) por un valor total de $66.404,00, con una fecha de venta aproximada del 22/08/2025 en la NYSE. La presentación identifica a Aldel LLC (vinculada a Robert I. Kauffman) como titular y señala que las acciones se adquirieron el 02/12/2021 como parte de una financiación PIPE relacionada con la combinación de negocios de Hagerty. El declarante también divulga numerosas ventas previas realizadas por Robert I. Kauffman/Aldel LLC en varias fechas desde el 24/04/2025 hasta el 21/08/2025, incluyendo lotes importantes como las 110.600 acciones vendidas el 24/07/2025 por $1.156.876,00. El aviso incluye la representación habitual de que el vendedor no tiene conocimiento de información material adversa no divulgada.

Hagerty, Inc. (HGTY)에 대한 Form 144 제출 — Merrill Lynch(뉴욕)를 통해 6,081 보통주를 총액 $66,404.00에 매도할 예정이며, 대략적인 매도일은 2025-08-22로 NYSE에서 거래될 예정이라고 보고합니다. 서류는 보유자로 Robert I. Kauffman과 관련된 Aldel LLC를 명시하고 있으며, 해당 주식은 Hagerty의 사업 결합과 관련된 PIPE 자금 조달의 일부로 2021-12-02에 취득되었다고 기재되어 있습니다. 제출자는 또한 2025-04-24부터 2025-08-21까지 여러 날짜에 걸쳐 Robert I. Kauffman/Aldel LLC가 수행한 광범위한 이전 매각을 공개하고 있으며, 그중 2025-07-24110,600주를 $1,156,876.00에 매도한 대규모 거래도 포함됩니다. 공지문에는 판매자가 공개되지 않은 중대한 불리한 정보를 알고 있지 않다는 표준 진술이 포함되어 있습니다.

Formulaire 144 déposé pour Hagerty, Inc. (HGTY) signalant la vente projetée de 6 081 actions ordinaires via Merrill Lynch (New York) pour une valeur totale de 66 404,00 $, avec une date approximative de vente le 22/08/2025 sur le NYSE. Le dépôt identifie Aldel LLC (liée à Robert I. Kauffman) comme le détenteur et précise que les actions ont été acquises le 02/12/2021 dans le cadre d’un financement PIPE lié à la combinaison d’affaires de Hagerty. Le déclarant révèle également de nombreuses ventes antérieures effectuées par Robert I. Kauffman/Aldel LLC à plusieurs dates entre le 24/04/2025 et le 21/08/2025, y compris des lots importants tels que 110 600 actions vendues le 24/07/2025 pour 1 156 876,00 $. L’avis comporte la mention standard selon laquelle le vendeur n’a pas connaissance d’informations défavorables substantielles non divulguées.

Formular 144 eingereicht für Hagerty, Inc. (HGTY), das einen geplanten Verkauf von 6.081 Stammaktien über Merrill Lynch (New York) mit einem Gesamtmarktwert von $66.404,00 meldet, mit einem ungefähren Verkaufstermin am 22.08.2025 an der NYSE. Die Einreichung nennt Aldel LLC (verbunden mit Robert I. Kauffman) als Inhaber und gibt an, dass die Aktien am 02.12.2021 im Rahmen einer PIPE-Finanzierung im Zusammenhang mit der Unternehmensfusion von Hagerty erworben wurden. Der Meldende legt außerdem umfangreiche frühere Verkäufe von Robert I. Kauffman/Aldel LLC über mehrere Termine vom 24.04.2025 bis zum 21.08.2025 offen, einschließlich größerer Positionen wie 110.600 Aktien, die am 24.07.2025 für $1.156.876,00 verkauft wurden. Die Mitteilung enthält die übliche Erklärung, dass dem Verkäufer keine nicht offengelegten, wesentlichen nachteiligen Informationen bekannt sind.

Positive
  • Filing complies with Rule 144 by disclosing proposed sale, acquisition details, and recent sales history
  • Acquisition source disclosed (PIPE financing on 12/02/2021), improving transparency about provenance of shares
Negative
  • Significant recent disposals by Aldel LLC/Robert I. Kauffman across Apr–Aug 2025, including very large lots (e.g., 110,600 shares on 07/24/2025)
  • Potential liquidity pressure implied by frequent and sizable sales by an insider-affiliated entity (documented but not explained)

Insights

TL;DR: Insider-related entity continues selling sizable HGTY positions; this is a standard Rule 144 liquidity disclosure.

The filing documents a proposed small sale of 6,081 shares and extensive prior sales by Aldel LLC and Robert I. Kauffman across April–August 2025, including multiple large lots. The shares were originally acquired in a PIPE on 12/02/2021. For investors, the filing primarily provides transparency on secondary sales by an insider-affiliated entity rather than operational updates from the issuer. The pattern of frequent sales is notable but the filing itself does not state motivations or company fundamentals.

TL;DR: This is a routine disclosure under Rule 144 documenting proposed and recent sales by an insider-affiliated holder.

The document fulfills disclosure obligations by listing the proposed sale, acquisition history, and a comprehensive log of recent disposals by the same account. It confirms the seller's representation about absence of undisclosed material adverse information. There are no governance actions, executive changes, or corrective disclosures included in the filing; it solely records transfer activity for compliance and market transparency.

Depositato il Modulo 144 per Hagerty, Inc. (HGTY) che segnala una proposta di vendita di 6.081 azioni ordinarie tramite Merrill Lynch (New York) per un valore complessivo di $66.404,00, con data di vendita approssimativa 22/08/2025 sulla NYSE. Il documento indica Aldel LLC (collegata a Robert I. Kauffman) come titolare e specifica che le azioni sono state acquisite il 02/12/2021 nell'ambito di un finanziamento PIPE correlato alla business combination di Hagerty. Il dichiarante segnala inoltre numerose vendite precedenti effettuate da Robert I. Kauffman/Aldel LLC in diverse date dal 24/04/2025 al 21/08/2025, incluse lotti consistenti come le 110.600 azioni vendute il 24/07/2025 per $1.156.876,00. L'avviso riporta la consueta dichiarazione che il venditore non è a conoscenza di informazioni materiali negative non divulgate.

Presentado el Formulario 144 para Hagerty, Inc. (HGTY) que informa de una propuesta de venta de 6.081 acciones ordinarias a través de Merrill Lynch (Nueva York) por un valor total de $66.404,00, con una fecha de venta aproximada del 22/08/2025 en la NYSE. La presentación identifica a Aldel LLC (vinculada a Robert I. Kauffman) como titular y señala que las acciones se adquirieron el 02/12/2021 como parte de una financiación PIPE relacionada con la combinación de negocios de Hagerty. El declarante también divulga numerosas ventas previas realizadas por Robert I. Kauffman/Aldel LLC en varias fechas desde el 24/04/2025 hasta el 21/08/2025, incluyendo lotes importantes como las 110.600 acciones vendidas el 24/07/2025 por $1.156.876,00. El aviso incluye la representación habitual de que el vendedor no tiene conocimiento de información material adversa no divulgada.

Hagerty, Inc. (HGTY)에 대한 Form 144 제출 — Merrill Lynch(뉴욕)를 통해 6,081 보통주를 총액 $66,404.00에 매도할 예정이며, 대략적인 매도일은 2025-08-22로 NYSE에서 거래될 예정이라고 보고합니다. 서류는 보유자로 Robert I. Kauffman과 관련된 Aldel LLC를 명시하고 있으며, 해당 주식은 Hagerty의 사업 결합과 관련된 PIPE 자금 조달의 일부로 2021-12-02에 취득되었다고 기재되어 있습니다. 제출자는 또한 2025-04-24부터 2025-08-21까지 여러 날짜에 걸쳐 Robert I. Kauffman/Aldel LLC가 수행한 광범위한 이전 매각을 공개하고 있으며, 그중 2025-07-24110,600주를 $1,156,876.00에 매도한 대규모 거래도 포함됩니다. 공지문에는 판매자가 공개되지 않은 중대한 불리한 정보를 알고 있지 않다는 표준 진술이 포함되어 있습니다.

Formulaire 144 déposé pour Hagerty, Inc. (HGTY) signalant la vente projetée de 6 081 actions ordinaires via Merrill Lynch (New York) pour une valeur totale de 66 404,00 $, avec une date approximative de vente le 22/08/2025 sur le NYSE. Le dépôt identifie Aldel LLC (liée à Robert I. Kauffman) comme le détenteur et précise que les actions ont été acquises le 02/12/2021 dans le cadre d’un financement PIPE lié à la combinaison d’affaires de Hagerty. Le déclarant révèle également de nombreuses ventes antérieures effectuées par Robert I. Kauffman/Aldel LLC à plusieurs dates entre le 24/04/2025 et le 21/08/2025, y compris des lots importants tels que 110 600 actions vendues le 24/07/2025 pour 1 156 876,00 $. L’avis comporte la mention standard selon laquelle le vendeur n’a pas connaissance d’informations défavorables substantielles non divulguées.

Formular 144 eingereicht für Hagerty, Inc. (HGTY), das einen geplanten Verkauf von 6.081 Stammaktien über Merrill Lynch (New York) mit einem Gesamtmarktwert von $66.404,00 meldet, mit einem ungefähren Verkaufstermin am 22.08.2025 an der NYSE. Die Einreichung nennt Aldel LLC (verbunden mit Robert I. Kauffman) als Inhaber und gibt an, dass die Aktien am 02.12.2021 im Rahmen einer PIPE-Finanzierung im Zusammenhang mit der Unternehmensfusion von Hagerty erworben wurden. Der Meldende legt außerdem umfangreiche frühere Verkäufe von Robert I. Kauffman/Aldel LLC über mehrere Termine vom 24.04.2025 bis zum 21.08.2025 offen, einschließlich größerer Positionen wie 110.600 Aktien, die am 24.07.2025 für $1.156.876,00 verkauft wurden. Die Mitteilung enthält die übliche Erklärung, dass dem Verkäufer keine nicht offengelegten, wesentlichen nachteiligen Informationen bekannt sind.

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, Inc. (HGTY) disclose?

The filing discloses a proposed sale of 6,081 common shares valued at $66,404.00 with an approximate sale date of 08/22/2025, and extensive prior sales by Aldel LLC/Robert I. Kauffman from 04/24/2025 through 08/21/2025.

Who is selling the Hagerty (HGTY) shares reported in the Form 144?

The seller is identified as Aldel LLC associated with Robert I. Kauffman and the broker is Merrill Lynch, 200 Park Ave, New York.

When were the shares being sold originally acquired?

The filing states the shares were acquired on 12/02/2021 as part of a PIPE financing tied to Hagerty’s business combination.

How large were some recent sales by the filer prior to this notice?

The filing lists many transactions; notable examples include 110,600 shares sold on 07/24/2025 for $1,156,876.00 and 98,766 shares sold on 07/09/2025 for $994,573.00.

Does the Form 144 state any undisclosed material information about Hagerty?

No. The filer signs a representation that they do not know of any material adverse information about the issuer that has not been publicly disclosed.
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