HAGERTY INC SEC Filings

Hagerty, Inc. (HGTY) Form 144 notifies a proposed sale of 28,736 common shares with an aggregate market value of $322,130.00, to be sold on or about 08/28/2025 through Merrill Lynch on the NYSE. The securities were acquired on 12/02/2021 as part of a PIPE financing tied to Hagerty's business combination, with 3,500,000 shares recorded as acquired by Aldel LLC. The filer for whose account the sales are proposed is identified as Robert I. Kauffman / Aldel LLC. The filing also lists extensive prior sales by the same seller across May through August 2025, including a single-day sale of 110,600 shares on 07/24/2025. The issuer's reported number of shares outstanding in the notice is 90,942,223.

Filer: Robert I. Kauffman / Aldel LLC filed a Form 144 proposing to sell 28,704 shares of Hagerty, Inc. common stock through Merrill Lynch (NYC).

The filing shows an aggregate market value of $316,278 for the planned sale and lists 90,942,223 shares outstanding. The securities were acquired on 12/02/2021 as part of a PIPE financing related to Hagerty's business combination, with 3,500,000 shares recorded as acquired on that date. The Form 144 also discloses numerous open-market sales by the same seller across May–August 2025, including several large single-day dispositions (for example, 110,600 shares sold on 07/24/2025).

Hagerty, Inc. (HGTY) insider selling notice under Rule 144. The filer reports a proposed sale of 9,844 common shares through Merrill Lynch on the NYSE with an aggregate market value of $105,921, against approximately 90,942,223 shares outstanding. The securities were originally acquired on 12/02/2021 by Aldel LLC as part of a PIPE financing that accompanied Hagerty’s business combination. The filing also lists numerous sales by Robert I. Kauffman/Aldel LLC during the past three months, with individual transactions and gross proceeds recorded (examples include sales of 98,766 and 110,600 shares on single days). The notice includes the required representation about absence of undisclosed material information.

Hagerty, Inc. (HGTY) Form 144 filing reporting proposed sale of common shares by Aldel LLC/Robert I. Kauffman. The notice identifies a proposed sale of 7,668 common shares through Merrill Lynch on the NYSE with an aggregate market value of $83,351, against 90,942,223 shares outstanding. The filer states the shares were acquired on 12/02/2021 as part of a PIPE connected to Hagerty's business combination and were paid in stock.

The filing also lists extensive secondary-market sales by the same account from 05/20/2025 through 08/22/2025, including multiple large blocks (for example, 98,766 shares on 07/09/2025 and 110,600 shares on 07/24/2025). The form includes the required representation that the seller has no undisclosed material adverse information.

Robert I. Kauffman, a director of Hagerty, Inc. (HGTY), reported multiple sales of Class A common stock executed under a Rule 10b5-1 trading plan. The filings show sales on 08/21/2025 (7,356 shares at a weighted average price of $10.77), 08/22/2025 (6,081 shares at $10.92 weighted average) and 08/25/2025 (7,668 shares at $10.87 weighted average). After these transactions the reported beneficial ownership held by Aldel LLC, for which Mr. Kauffman is manager, declined from 1,496,056 shares to 1,482,307 shares, a net reduction of 13,749 shares over the reported dates. The report notes the sales were made pursuant to a 10b5-1 plan adopted August 9, 2024, and that the securities are held of record by Aldel LLC with Mr. Kauffman disclosing voting and investment discretion while disclaiming beneficial ownership except for his pecuniary interest.

Form 144 filed for Hagerty, Inc. (HGTY) reporting a proposed sale of 6,081 common shares through Merrill Lynch (New York) with an aggregate market value of $66,404.00, with an approximate sale date of 08/22/2025 on the NYSE. The filing identifies Aldel LLC (related to Robert I. Kauffman) as the holder and notes the shares were acquired on 12/02/2021 as part of a PIPE financing tied to Hagerty’s business combination. The filer also discloses extensive prior sales by Robert I. Kauffman/Aldel LLC across numerous dates from 04/24/2025 through 08/21/2025, including several large lots such as 110,600 shares sold on 07/24/2025 for $1,156,876.00. The notice includes the standard representation that the seller is not aware of undisclosed material adverse information.

Hagerty, Inc. (HGTY) Form 144 notice reports a proposed sale and extensive recent dispositions by related holder Aldel LLC/Robert I. Kauffman. The filer lists a proposed sale of 7,356 common shares with an aggregate market value of $79,224, against 90,942,223 shares outstanding, and names Merrill Lynch as broker with an approximate sale date of 08/21/2025. The filing discloses that Aldel LLC acquired 3,500,000 shares on 12/02/2021 as part of a PIPE financing tied to the company’s business combination with Hagerty.

The document also provides a detailed list of sale transactions by Robert I. Kauffman/Aldel LLC covering multiple dates from April through July 2025, including several large single-day dispositions (for example, 110,600 shares on 07/24/2025 with gross proceeds of $1,156,876). The filer affirms compliance statements required by the form.

Hagerty, Inc. (HGTY) director and reporting person exchanged 1,236,750 Paired Interests for an equal number of Class A common shares and then sold those 1,236,750 Class A shares on 08/13/2025 at $8.9197 per share. The filing shows 1,236,750 shares issued via the Amended and Restated Exchange Agreement and the same number sold the same day. After the transactions, the reporting person beneficially owns 166,552,156 shares of Class A common stock.

Hagerty Holding Corp. (HHC) reported an additional sale of 1,236,750 shares of Hagerty, Inc. Class A common stock on August 13, 2025, at $8.9197 per share pursuant to an underwriters' option. HHC continues to hold 166,552,156 Class V Common Stock and an equal number of OpCo Units that HHC may surrender for the same number of Class A shares or cash. Those interests are presented as potentially convertible into 166,552,156 Class A shares, representing approximately 62.4% of Class A on a pro forma basis, and HHC controls roughly 66.0% of the voting power due to the dual-class structure where each Class V share currently carries ten votes. The filing disclaims broader beneficial ownership under Rule 13d-4 while describing family ownership and voting arrangements within HHC.