Were Kevin Delaney’s Hagerty (HGTY) share sales under a Rule 10b5-1 plan?

At least one of Kevin Delaney’s reported Hagerty share sales was executed under a Rule 10b5-1 trading plan. The footnotes specify that the sale was effected pursuant to a pre-arranged plan, indicating the timing was set in advance rather than decided spontaneously.

Hagerty (NYSE: HGTY) CAO sells 10,345 shares under trading plan

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Hagerty, Inc. Chief Accounting Officer Kevin M. Delaney reported share dispositions and tax withholding tied to equity compensation. On Class A Common Stock, 2,525 shares were withheld at about $12.06 per share to cover taxes upon vesting of restricted stock units.

He also sold a total of 10,345 shares in open-market transactions at weighted average prices around $12.01–$12.10 per share, at least one of which was executed under a pre-arranged Rule 10b5-1 trading plan. After these transactions, he directly held 89,610 Class A shares.

Insider Trade Summary 10b5-1

Net Seller: 10,345 shares ($125,093)

Net Sell 3 txns

Insider DELANEY KEVIN M

Role Chief Accounting Officer

Sold 10,345 shs ($125K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	9,440	$12.10	$114K
Tax Withholding	Class A Common Stock	2,525	$12.06	$30K
Sale	Class A Common Stock	905	$12.01	$11K

Holdings After Transaction: Class A Common Stock — 89,610 shares (Direct, null)

Footnotes (1)

The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 5, 2026. This transaction was executed in multiple trades at prices ranging from $12.00 to $12.03. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. This transaction was executed in multiple trades at prices ranging from $12.00 to $12.23. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected. Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units ("RSUs") pursuant to the RSU Agreement between the Issuer and the Reporting Person dated as of July 1, 2023.

Key Figures

Open-market shares sold: 10,345 shares Tax-withheld shares: 2,525 shares Shares sold at $12.10: 9,440 shares at $12.10/share +3 more

6 metrics

Open-market shares sold 10,345 shares Class A Common Stock sales reported in Form 4

Tax-withheld shares 2,525 shares RSU vesting tax withholding on Class A stock

Shares sold at $12.10 9,440 shares at $12.10/share Open-market sale on Class A Common Stock

Shares sold at $12.01 905 shares at $12.01/share Open-market sale on Class A Common Stock

Remaining holdings 89,610 shares Direct Class A Common Stock after reported transactions

Tax-withholding price $12.06/share Price for 2,525 shares withheld for RSU taxes

Key Terms

Rule 10b5-1 trading plan, restricted stock units ("RSUs"), Class A Common Stock, weighted average purchase price, +1 more

5 terms

Rule 10b5-1 trading plan financial

"The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"

A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.

restricted stock units ("RSUs") financial

"shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units ("RSUs")"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Class A Common Stock financial

"security_title: Class A Common Stock"

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

weighted average purchase price financial

"The price reported above reflects the weighted average purchase price"

The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.

open-market sale financial

"transaction_action: open-market sale"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:47 PM Accepted by SEC EDGAR 07/02/2026 - 04:46 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DELANEY KEVIN M

(Last)

(First)

(Middle)

121 DRIVERS EDGE

(Street)

TRAVERSE CITY

MICHIGAN

49684

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Hagerty, Inc. [ HGTY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Accounting Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	06/30/2026		S		905⁽¹⁾	D	$12.01⁽²⁾	99,050	D
Class A Common Stock	07/01/2026		S		9,440⁽¹⁾	D	$12.1⁽³⁾	89,610	D
Class A Common Stock	07/01/2026		F		2,525⁽⁴⁾	D	$12.06	87,085	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 5, 2026.

2. This transaction was executed in multiple trades at prices ranging from $12.00 to $12.03. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

3. This transaction was executed in multiple trades at prices ranging from $12.00 to $12.23. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.

4. Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of restricted stock units ("RSUs") pursuant to the RSU Agreement between the Issuer and the Reporting Person dated as of July 1, 2023.

Remarks:

	/s/ Tracey Derenzy, Power of Attorney	07/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Hagerty (HGTY) CAO Kevin Delaney report?

Kevin Delaney reported tax-related share withholding and open-market sales of Hagerty Class A stock. He had 2,525 shares withheld for taxes on RSU vesting and sold 10,345 shares in open-market trades at weighted average prices around $12 per share.

How many Hagerty (HGTY) shares did the CAO sell and at what prices?

Kevin Delaney sold 10,345 Hagerty Class A shares in total. Transactions included 9,440 shares at about $12.10 per share and 905 shares at about $12.01 per share, based on weighted average prices for multiple trades within stated price ranges.

How many Hagerty (HGTY) shares does Kevin Delaney hold after these transactions?

Following the reported transactions, Kevin Delaney directly holds 89,610 shares of Hagerty Class A Common Stock. This figure reflects his remaining position after both the tax-withholding of RSU shares and the open-market sales disclosed in the Form 4 filing.

What portion of Kevin Delaney’s Hagerty (HGTY) transactions were tax withholding?

Out of the reported share movements, 2,525 Hagerty Class A shares were withheld to satisfy tax obligations. The footnotes explain these shares were retained by the company upon vesting of restricted stock units under an RSU Agreement dated July 1, 2023.

What do the price ranges in Kevin Delaney’s Hagerty (HGTY) trades mean?

The trades were executed in multiple lots within stated price ranges, such as $12.00–$12.23 per share. The prices reported in the filing are weighted average purchase prices, and the insider undertakes to provide detailed trade breakdowns to regulators or shareholders upon request.