Form 4: Hagerty Inc. Executive Reports Stock Transactions

Russell Andrew Page, Chief Information Officer of Hagerty, Inc., reports acquisition and disposal of Class A Common Stock related to restricted stock units.

Summary

• On April 1, 2025, Russell Andrew Page, the Chief Information Officer of Hagerty, Inc., acquired 26,964 shares of Class A Common Stock underlying restricted stock units (RSUs) at a price of $0.
• These RSUs vest in equal amounts annually, ending on April 1, 2028, contingent on continued service, with exceptions for death, disability, retirement, or a change of control.
• Additionally, 7,858 shares of Class A Common Stock were withheld for taxes upon the vesting of RSUs at a price of $9.08.
• Following these transactions, Page directly owns 123,769 shares of Class A Common Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is standard practice for publicly traded companies. It provides transparency into the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Hagerty, Inc., Russell Andrew Page, Class A Common Stock, RSU, Chief Information Officer, Form 4, SEC, Stock Transaction, Beneficial Ownership