Hagerty (HGTY) CAO awarded 8,306 RSUs; holdings 90,797
Hagerty, Inc. (HGTY) reported an equity award to its Chief Accounting Officer on a Form 4.
Rhea-AI Filing Summary
Hagerty, Inc. (HGTY) reported an equity award to its Chief Accounting Officer on a Form 4. On October 1, 2025, the officer acquired 8,306 shares of Class A common stock underlying restricted stock units at a stated price of $0.
The RSUs vest in equal installments on each annual anniversary of the grant date through October 1, 2028, subject to continued service, with exceptions for death, disability, retirement, or a change of control. Following this grant, the reporting person beneficially owned 90,797 shares directly.
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Insights
Routine RSU grant to officer with annual vesting through 2028.
The filing records an award of 8,306 RSUs to Hagerty’s Chief Accounting Officer at a stated price of $0. Vesting occurs in equal annual tranches on each anniversary of the October 1, 2025 grant date, ending on October 1, 2028, contingent on continued service.
This is a standard equity compensation mechanism aligning service with vesting. The filing notes post-transaction beneficial ownership of 90,797 shares directly. Provisions allow exceptions upon death, disability, retirement, or change of control. No proceeds or sale activity are indicated.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,306 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of Class A Common Stock of Hagerty, Inc. ("Class A Common Stock") underlying restricted stock units ("RSUs") acquired by the Reporting Person under the Hagerty, Inc. (the "Issuer") 2021 Equity Incentive Plan (the "Plan"). The RSUs vest in equal amounts on each annual-anniversary of the grant date ending on October 1, 2028, subject to the Reporting Person's continued service with the Issuer, with exceptions for death, disability, or retirement terminations, or a change of control of the Issuer.
FAQ
What did Hagerty (HGTY) disclose on this Form 4?
What is the vesting schedule for the HGTY RSUs?
What is the transaction price for the RSUs?
Who received the award at Hagerty (HGTY)?
Are there exceptions to the vesting conditions?
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