Form 4: Hagerty Inc. Director Acquires Restricted Stock Units

Director Randall Houston Harbert acquires 13,828 shares of Class A Common Stock in the form of Restricted Stock Units (RSUs) under Hagerty, Inc.'s 2021 Equity Incentive Plan.

Summary

• On April 1, 2025, Randall Houston Harbert, a director of Hagerty, Inc., acquired 13,828 shares of Class A Common Stock in the form of Restricted Stock Units (RSUs).
• The RSUs were granted under the Issuer's 2021 Equity Incentive Plan.
• These RSUs vest on April 1, 2026, contingent upon Harbert's continued service with Hagerty, Inc., with exceptions for death or disability.
• Following the transaction, Harbert directly owns 33,961 shares of Class A Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction of RSUs to a director, which is generally viewed as a positive sign of alignment between management and shareholders but doesn't necessarily indicate a significant shift in the company's outlook.

Positives

• The acquisition of RSUs by a director signals confidence in the company's future performance.

Future Outlook

The vesting of the RSUs is contingent upon the Reporting Person's continued service with the Issuer, with exceptions for death or disability.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.

Stakeholder Impact

• The acquisition of RSUs by a director can positively influence shareholder confidence.

Key Dates

Keywords

Hagerty, Inc., Randall Houston Harbert, Director, RSUs, Restricted Stock Units, Class A Common Stock, Equity Incentive Plan, Beneficial Ownership, Form 4