Form 4: Hagerty Inc. Executive Reports Stock Transaction
SEC Form 4 Filing
Russell Andrew Page, Chief Information Officer of Hagerty, Inc., reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On October 1, 2024, Russell Andrew Page, the Chief Information Officer of Hagerty, Inc. (HGTY), disposed of 2,121 shares of Class A Common Stock.
- The shares were withheld for taxes upon the vesting of restricted stock units (RSUs) granted on October 1, 2022.
- The transaction price was $10.37 per share.
- Following the transaction, Page directly owns 20,125 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a routine transaction related to executive compensation and tax obligations, and does not indicate any particular positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the regulatory landscape for publicly traded companies, providing transparency into the transactions of company insiders. This transaction is related to tax obligations arising from vested RSUs, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 10/01/2022 | Grant date of restricted stock units (RSUs). |
| 10/01/2024 | Date of transaction (disposal of shares for tax withholding). |
| 10/03/2024 | Date of signature on the Form 4 filing. |
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