Form 4: Hagerty Inc. CEO McKeel Hagerty Reports Stock Disposal for Tax Obligations

CEO McKeel Hagerty disposed of 99,234 shares of Hagerty, Inc. Class A Common Stock on April 1, 2025, to cover tax obligations related to vesting restricted stock units.

Summary

• On April 1, 2025, McKeel Hagerty, the CEO of Hagerty, Inc., disposed of 99,234 shares of Class A Common Stock.
• The transaction was executed to cover tax obligations arising from the vesting of restricted stock units (RSUs).
• The shares were sold at a price of $9.08 per share.
• Following the transaction, McKeel Hagerty directly owns 1,120,608 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: This is a neutral event. It's a routine transaction related to tax obligations on vested stock, and doesn't necessarily indicate a positive or negative outlook for the company.

Industry Context

Form 4 filings are standard practice and provide transparency into insider transactions, allowing investors to track the actions of company executives and directors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates

Keywords

Hagerty, Inc., McKeel Hagerty, Class A Common Stock, Form 4, SEC Filing, Stock Disposal, Restricted Stock Units, Tax Obligations, Insider Transaction