Form 4: Hagerty Inc. Chief Accounting Officer Reports Tax-Related Stock Disposal
SEC Form 4 Filing
Kevin M. Delaney, Chief Accounting Officer of Hagerty, Inc., reports the disposal of 1,655 shares of Class A Common Stock to cover tax obligations upon vesting of restricted stock units on July 1, 2024.
Summary
- On July 1, 2024, Kevin M. Delaney, the Chief Accounting Officer of Hagerty, Inc. (HGTY), disposed of 1,655 shares of Class A Common Stock.
- The disposal was related to the withholding of shares for taxes upon the vesting of restricted stock units (RSUs).
- The price per share was $10.53.
- Following the transaction, Delaney directly owns 70,297 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations and does not indicate a positive or negative outlook for the company.
Industry Context
This is a routine transaction related to executive compensation and tax obligations. It is common for company officers to dispose of shares to cover taxes upon the vesting of stock awards.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Disposal of Class A Common Stock for tax withholding related to RSU vesting. |
| 07/10/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.