Hagerty (HGTY) director adds 9,500 shares in open-market stock purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hagerty, Inc. director Anthony J. Kuczinski bought 9,500 shares of Class A Common Stock in an open-market transaction on May 15, 2026 at a weighted average price of $10.46 per share. After this purchase, he directly owns 68,648 shares. The filing notes the trade was executed in multiple lots between $10.44 and $10.46 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 9,500 shares ($99,370)
Net Buy
1 txn
Insider
Kuczinski Anthony J
Role
null
Bought
9,500 shs ($99K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 9,500 | $10.46 | $99K |
Holdings After Transaction:
Class A Common Stock — 68,648 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 9,500 shares
Purchase price: $10.46 per share
Price range: $10.44–$10.46 per share
+1 more
4 metrics
Shares purchased
9,500 shares
Open-market buy on May 15, 2026
Purchase price
$10.46 per share
Weighted average purchase price
Price range
$10.44–$10.46 per share
Individual trade price range in the transaction
Post-transaction holdings
68,648 shares
Class A Common Stock directly owned after trade
Key Terms
open-market purchase, Class A Common Stock, weighted average purchase price
3 terms
open-market purchase financial
"transaction_action: "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
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.
FAQ
What insider transaction did Hagerty (HGTY) report for Anthony J. Kuczinski?
Hagerty reported that director Anthony J. Kuczinski made an open-market purchase of 9,500 shares of Class A Common Stock. The transaction occurred on May 15, 2026, reflecting a direct increase in his personal share ownership in the company.
Was the Hagerty (HGTY) Form 4 transaction a buy or a sell?
The Form 4 shows a buy transaction. It is coded as “P,” described as an open-market purchase, and classified with a transaction direction of “buy,” indicating the insider acquired additional Hagerty Class A Common Stock rather than disposing of shares.
What does the Form 4 footnote reveal about Hagerty (HGTY) trade pricing?
The footnote states the transaction was executed in multiple trades between $10.44 and $10.46 per share. The reported price of $10.46 represents the weighted average purchase price, and full trade details are available upon request to the SEC staff or the company.