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  4. [Form 4] Hagerty, Inc. Insider Trading Activity

Hagerty (HGTY) president granted RSUs as 9,627 shares withheld for tax

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Hagerty, Inc. President, Hagerty Marketplace, Kenneth Ahn reported a compensation-related equity award and associated tax withholding. He received 23,149 shares of Class A Common Stock in the form of restricted stock units (RSUs) under the 2021 Equity Incentive Plan. These RSUs vest in equal amounts on each annual anniversary of the grant date through April 1, 2029, subject to continued service and certain exceptions. To cover taxes upon RSU vesting, 9,627 shares of Class A Common Stock were withheld at $10.66 per share. Following these transactions, Ahn directly holds 127,115 shares of Class A Common Stock.

Positive

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Negative

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Insider Ahn Kenneth
Role President, Hagerty Marketplace
Type Security Shares Price Value
Grant/Award Class A Common Stock 23,149 $0.00 --
Tax Withholding Class A Common Stock 9,627 $10.66 $103K
Holdings After Transaction: Class A Common Stock — 136,742 shares (Direct)
Footnotes (1)
  1. 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 April 1, 2029, 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. Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs pursuant to various RSU award agreements
RSU shares granted 23,149 shares Class A Common Stock RSUs granted on April 1, 2026
Shares withheld for taxes 9,627 shares Withheld upon RSU vesting under award agreements
Tax withholding price $10.66 per share Price used for tax-withholding disposition
Shares held after transactions 127,115 shares Direct Class A Common Stock holdings following Form 4 transactions
RSU vesting end date April 1, 2029 Final annual-anniversary vesting date for the RSUs
restricted stock units ("RSUs") financial
"underlying restricted stock units ("RSUs") acquired by the Reporting Person"
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.
2021 Equity Incentive Plan financial
"acquired by the Reporting Person under the Hagerty, Inc. (the "Issuer") 2021 Equity Incentive Plan"
vesting financial
"The RSUs vest in equal amounts on each annual-anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
change of control financial
"with exceptions for death, disability, or retirement terminations, or a change of control of the Issuer"
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
withheld for taxes financial
"total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting"
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
Ahn Kenneth
(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Hagerty Marketplace
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/01/2026A23,149(1)A$0136,742D
Class A Common Stock04/01/2026F9,627(2)D$10.66127,115D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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 April 1, 2029, 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.
2. Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs pursuant to various RSU award agreements
Remarks:
/s/ Tracey Derenzy, Power of Attorney04/03/2026
** Signature of Reporting PersonDate
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 transaction did Hagerty (HGTY) executive Kenneth Ahn report?

Kenneth Ahn reported an equity award and related tax withholding. He acquired 23,149 Class A Common Stock RSU-based shares and had 9,627 shares withheld to cover taxes, all under Hagerty’s 2021 Equity Incentive Plan.

How many Hagerty (HGTY) shares did Kenneth Ahn receive in this Form 4 filing?

He received 23,149 shares of Class A Common Stock through restricted stock units. These RSUs were granted under Hagerty’s 2021 Equity Incentive Plan and represent compensation rather than an open-market purchase of shares.

Why were 9,627 Hagerty (HGTY) shares disposed of in Kenneth Ahn’s Form 4?

The 9,627 shares were withheld to satisfy tax obligations upon RSU vesting. This F-code transaction is a tax-withholding disposition, not an open-market share sale, and is a standard mechanism in equity compensation programs.

How many Hagerty (HGTY) shares does Kenneth Ahn hold after these transactions?

After the RSU grant and tax withholding, Kenneth Ahn directly holds 127,115 shares of Class A Common Stock. This figure reflects his updated position as reported in the Form 4 following the April 1, 2026 transactions.

How do Kenneth Ahn’s Hagerty (HGTY) RSUs vest over time?

The RSUs vest in equal amounts on each annual anniversary of the April 1, 2026 grant date. Vesting continues through April 1, 2029, contingent on his continued service, with exceptions for death, disability, retirement, or a change of control.