Hagerty, Inc. filings document the public-company record for a specialty vehicle insurance and automotive enthusiast business. Its reports include quarterly and annual results furnished on Form 8-K, Regulation FD materials, stockholder letters and disclosures about premium growth, policies in force, earned premium, profitability measures and insurance program economics.
Hagerty's filings also cover material agreements with Markel, including the completed fronting arrangement and related relationship and operating-company agreements. Proxy materials describe board composition, committee assignments, executive compensation, equity awards and shareholder voting matters, while other filings address Class A common stock registered on the New York Stock Exchange, secondary offering activity, insider and governance changes, and risk-related disclosure topics.
Hagerty, Inc. (HGTY) has registered a resale of 9,250,000 shares of Class A common stock by selling stockholder Hagerty Holding Corp. at a public offering price of $11.95 per share, for total gross proceeds of $110.5 million to the seller; the company will not receive any proceeds.
Before the sale, HHC will exchange OpCo units and Class V shares for Class A shares (the HHC Exchange), and Markel will complete a similar 7,269,685‑share Markel Exchange, while retaining its shares rather than selling in this offering. A 30‑day underwriters’ option covers up to 1,387,500 additional shares. Hagerty highlights strong insurance growth, with first‑half 2026 Total Written Premium of $713 million, up 18.8% year over year, and notes an estimated $38.3 million liability under its Tax Receivable Agreement and a controlled dual‑class voting structure that leaves HHC and Markel with about 95.2% of voting power after the exchanges and offering.
Hagerty, Inc. (HGTY) is registering a secondary offering of 8,250,000 shares of Class A common stock, all to be sold by its selling stockholder, Hagerty Holding Corp. (HHC). The shares arise from an exchange of HHC’s OpCo Units and corresponding Class V shares under an existing Exchange Agreement, with the HHC Exchange occurring prior to the offering. Underwriters may purchase up to an additional 1,237,500 shares from HHC. Hagerty will not receive any proceeds; HHC expects to use its net proceeds to redeem a corresponding number of HHC shares for the benefit of the Kim Hagerty Revocable Trust. As of June 30, 2026, Hagerty had 101,804,938 Class A and 241,552,156 Class V shares outstanding, and HHC, Markel and State Farm together are expected to retain about 95% of voting power after the related exchanges. Hagerty highlights a specialty insurance franchise with 1.9 million policies in force and Total Written Premium of $713 million for the six months ended June 30, 2026, up 18.8%, while disclosing a Tax Receivable Agreement liability of approximately $38.3 million.
Hagerty, Inc. (HGTY) announced that its controlling stockholder, Hagerty Holding Corp., plans an underwritten secondary public offering of 8,250,000 shares of Hagerty’s Class A common stock. The selling stockholder also plans to grant underwriters a 30-day option to purchase up to 1,237,500 additional shares.
Hagerty states it will not receive any proceeds from this sale; all proceeds go to the selling stockholder. Hagerty Holding Corp. expects to use the net proceeds to redeem a corresponding number of its shares for the benefit of the Kim Hagerty Revocable Trust. The selling stockholder will bear the underwriting discount, while Hagerty will bear remaining offering expenses. Wells Fargo Securities and J.P. Morgan are acting as lead bookrunning managers under an effective SEC registration statement.
Hagerty, Inc. reported Q2 2026 revenue of about $354.8 million versus $379.3 million a year earlier, with net income of $8.0 million compared with $47.2 million. After non‑controlling interests and preferred stock accretion, Class A stockholders had a $1.7 million loss, or -$0.02 per share, versus $0.09.
For the first half of 2026, revenue was $666.7 million versus $707.6 million, and results shifted from net income of $74.5 million to a $4.7 million net loss. Net income attributable to Class A stockholders moved from $15.6 million profit to an $8.2 million loss, or -$0.08 per share. The shift reflects the Markel Fronting Arrangement, which eliminated Essentia commission revenue while increasing earned premium, losses, and underwriting expenses as Hagerty Re assumes 100% of related risk.
Operating cash flow rose to $186.2 million from $97.7 million, supporting cash and restricted cash of $467.6 million against $216.4 million of debt. Earned premium grew to $491.6 million for the half, while losses and loss adjustment expenses increased to $208.6 million. The marketplace segment grew revenue and produced pre‑tax profit, and reserve development was favorable by $6.1 million.
Hagerty, Inc. reported Q2 2026 results that pair strong underlying growth with accounting headwinds from a new reinsurance structure. Total revenue was $354.8 million, down 6.5% year-over-year, while written premium rose 19% to $425 million and net earned premium increased 41.7% to $252 million as Hagerty Re began assuming 100% of U.S. premiums under the Markel Fronting Arrangement. Consolidated net income was $8.0 million, but after non‑controlling interests and preferred accretion, Class A stockholders recorded a small loss of $0.02 per share.
For the first half of 2026, written premium reached $713 million and earned premium $492 million, both up 19–42%, while Adjusted EBITDA (non‑GAAP) increased 32% to $160 million. The period showed a net loss of $5 million, including $153 million of Markel Fronting transitional costs that are expected to run off by year-end 2026. Policies in force grew 19% to 1.9 million with retention of 88.2%, vehicles in force reached about 3.0 million, and operating cash flow nearly doubled to $186 million. On this momentum Hagerty raised its 2026 outlook, targeting written premium growth of 16–17%, net income of $18–$30 million and Adjusted EBITDA of $270–$280 million, even as reported revenue declines due to the Markel structure.
Hagerty, Inc. adopted a new Executive Severance and Change in Control Plan effective July 15, 2026, as part of a broader review intended to modernize and align executive employment arrangements. The plan covers named executive officers and other eligible employees and provides salary continuation, bonus eligibility, COBRA premiums, and, upon a Change in Control Termination, equity-vesting acceleration, all conditioned on an effective release and compliance with restrictive covenants.
The company also entered into a new employment agreement with Russell Page and amended and restated the agreements of McKeel Hagerty, Patrick McClymont, Kenneth Ahn, and Jeffrey Briglia. These agreements set minimum base salaries (including $1,200,000 for McKeel Hagerty and $650,000 for the others), specify target annual cash incentives and equity award levels as percentages of base salary, and confirm participation in the new Severance Plan.
Hagerty, Inc. Chief Accounting Officer Kevin M. Delaney reported an open-market sale of Class A Common Stock. On July 2, 2026, he sold 3,113 shares at $12.25 per share, and held 83,972 shares directly after the transaction.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 5, 2026, indicating it was scheduled in advance rather than timed discretionarily.
Hagerty, Inc. reported that Jeffrey Edward Briglia, its President of Insurance, had 4,892 shares of Class A common stock withheld on July 1, 2026 to cover taxes due upon the vesting of restricted stock units. This tax-withholding disposition, valued at $12.06 per share, was made under an RSU agreement dated July 1, 2024. After the withholding, Briglia directly holds 157,135 shares of Hagerty Class A common stock.
Bjornstad Henrik Waersted reported acquisition or exercise transactions in this Form 4 filing.
Hagerty, Inc. director Henrik Waersted Bjornstad received an equity award tied to the company’s Class A Common Stock. He was granted 10,114 shares underlying Restricted Stock Units at no cash cost, bringing his reported direct holdings to 10,114 shares.
The RSUs were granted under Hagerty’s 2021 Equity Incentive Plan and will vest on July 1, 2027, as long as he continues serving the company, with exceptions described for death or disability. This is a compensation-related award rather than an open-market stock purchase or sale.
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 87,085 Class A shares.