Form 4: Hagerty Insider Sells Shares
Insider Transaction (Form 4)
Hagerty Holding Corp. reported changes in beneficial ownership of Hagerty, Inc. common stock on September 9, 2026.
Summary
- Conversion of derivative: acquired 9,250,000 Class A Common Stock on September 9, 2026; holds 9,250,000 after (Direct).
- Open-market sale: disposed of 9,250,000 Class A Common Stock at $11.47 ($106,116,000) on September 9, 2026 (Direct).
- Conversion of derivative: acquired 1,387,500 Class A Common Stock on September 11, 2026; holds 1,387,500 after (Direct).
- Open-market sale: disposed of 1,387,500 Class A Common Stock at $11.47 ($15,917,400) on September 11, 2026 (Direct).
- Conversion of derivative: disposed of 9,250,000 Class V Common Stock on September 9, 2026; holds 157,302,156 after (Direct).
- Conversion of derivative: disposed of 1,387,500 Class V Common Stock on September 11, 2026; holds 155,914,656 after (Direct).
Sentiment
Score: 2
Explanation: StockSavvy.ai views this as a mildly negative signal: an insider sold $122,033,400 of stock on the open market.
Insider Transactions
Hagerty Holding Corp. — 10% owner
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-09 | Conversion of derivative | Class A Common Stock | 9,250,000 | — | — | 9,250,000 |
| 2026-09-09 | Open-market sale | Class A Common Stock | 9,250,000 | $11 | $106.1M | 0 |
| 2026-09-11 | Conversion of derivative | Class A Common Stock | 1,387,500 | — | — | 1,387,500 |
| 2026-09-11 | Open-market sale | Class A Common Stock | 1,387,500 | $11 | $15.9M | 0 |
| 2026-09-09 | Conversion of derivative | Class V Common Stock | 9,250,000 | — | — | 157,302,156 |
| 2026-09-11 | Conversion of derivative | Class V Common Stock | 1,387,500 | — | — | 155,914,656 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-09 | Conversion of derivative (9,250,000 shares) |
| 2026-09-09 | Open-market sale (9,250,000 shares) |
| 2026-09-11 | Conversion of derivative (1,387,500 shares) |
| 2026-09-11 | Open-market sale (1,387,500 shares) |
| 2026-09-09 | Conversion of derivative (9,250,000 shares) |
| 2026-09-11 | Conversion of derivative (1,387,500 shares) |
Keywords
insider transaction, Form 4, HGTY, Hagerty, Inc., bearish, Hagerty Holding Corp.
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.