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[144] Hagerty, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144
Rhea-AI Filing Summary

Hagerty, Inc. (HGTY) Form 144 notifies a proposed sale of 28,736 common shares with an aggregate market value of $322,130.00, to be sold on or about 08/28/2025 through Merrill Lynch on the NYSE. The securities were acquired on 12/02/2021 as part of a PIPE financing tied to Hagerty's business combination, with 3,500,000 shares recorded as acquired by Aldel LLC. The filer for whose account the sales are proposed is identified as Robert I. Kauffman / Aldel LLC. The filing also lists extensive prior sales by the same seller across May through August 2025, including a single-day sale of 110,600 shares on 07/24/2025. The issuer's reported number of shares outstanding in the notice is 90,942,223.

Hagerty, Inc. (HGTY) � Il modulo 144 segnala la proposta di vendita di 28.736 azioni ordinarie per un valore complessivo di $322.130,00, prevista intorno al 28/08/2025 tramite Merrill Lynch alla NYSE. I titoli erano stati acquisiti il 02/12/2021 nell'ambito di un finanziamento PIPE legato alla business combination di Hagerty, con 3.500.000 azioni registrate come acquisite da Aldel LLC. Il venditore indicato per l'operazione è Robert I. Kauffman / Aldel LLC. Il deposito riporta inoltre numerose vendite precedenti dallo stesso venditore tra maggio e agosto 2025, inclusa una vendita giornaliera di 110.600 azioni il 24/07/2025. Il numero di azioni in circolazione segnalato dall'emittente è 90.942.223.

Hagerty, Inc. (HGTY) � El formulario 144 notifica la propuesta de venta de 28.736 acciones ordinarias por un valor agregado de $322.130,00, prevista alrededor del 28/08/2025 a través de Merrill Lynch en la NYSE. Los títulos fueron adquiridos el 02/12/2021 como parte de una financiación PIPE vinculada a la combinación de negocios de Hagerty, con 3.500.000 acciones registradas a nombre de Aldel LLC. El declarante para cuya cuenta se proponen las ventas está identificado como Robert I. Kauffman / Aldel LLC. La presentación también enumera numerosas ventas previas por el mismo vendedor entre mayo y agosto de 2025, incluida una venta en un solo día de 110.600 acciones el 24/07/2025. El número de acciones en circulación informado por el emisor en el aviso es 90.942.223.

Hagerty, Inc. (HGTY) � Form 144� � 시장가� $322,130.0028,736 보통� 매각 예정 사실� 통지하며, 매각은 2025-08-28� NYSE� Merrill Lynch� 통해 이루어질 예정입니�. 해당 증권은 Hagerty� 합병 관� PIPE 자금 조달� 일부� 2021-12-02� 취득되었�, 3,500,000주가 Aldel LLC� 의해 취득� 것으� 기록되어 있습니다. 매각 제안� 계정 보유자는 Robert I. Kauffman / Aldel LLC� 표시됩니�. 제출서에� 2025� 5월부� 8월까지 동일 매도인의 다수� 이전 매각 내역� 기재되어 있으�, 그중 2025-07-24� 하루 동안 110,600주를 매도� 사례가 포함되어 있습니다. 공시� 발행 주식수는 90,942,223주입니다.

Hagerty, Inc. (HGTY) � Le formulaire 144 signale la proposition de vente de 28 736 actions ordinaires pour une valeur totale de $322 130,00, devant être vendues aux alentours du 28/08/2025 via Merrill Lynch à la NYSE. Les titres ont été acquis le 02/12/2021 dans le cadre d'un financement PIPE lié à la fusion d'entreprise de Hagerty, 3 500 000 actions ayant été enregistrées au nom d'Aldel LLC. Le déclarant pour le compte duquel les ventes sont proposées est identifié comme Robert I. Kauffman / Aldel LLC. Le dépôt mentionne également de nombreuses ventes antérieures par le même vendeur entre mai et août 2025, y compris une cession quotidienne de 110 600 actions le 24/07/2025. Le nombre d'actions en circulation déclaré par l'émetteur dans l'avis est de 90 942 223.

Hagerty, Inc. (HGTY) � Das Formular 144 meldet den geplanten Verkauf von 28.736 Stammaktien mit einem Gesamtmarktwert von $322.130,00, der voraussichtlich um den 28.08.2025 über Merrill Lynch an der NYSE erfolgen soll. Die Wertpapiere wurden am 02.12.2021 im Rahmen einer PIPE-Finanzierung im Zusammenhang mit der Unternehmenszusammenführung von Hagerty erworben; 3.500.000 Aktien sind als von Aldel LLC erworben verzeichnet. Für deren Konto werden die Verkäufe vom Einreicher Robert I. Kauffman / Aldel LLC vorgeschlagen. Die Einreichung listet zudem zahlreiche frühere Verkäufe desselben Verkäufers zwischen Mai und August 2025, darunter einen Tagesverkauf von 110.600 Aktien am 24.07.2025. Die im Hinweis angegebene Zahl der ausstehenden Aktien beträgt 90.942.223.

Positive
  • Notice discloses acquisition source and date (acquired 12/02/2021 via PIPE financing as stated)
  • Planned sale details are specific: 28,736 shares, $322,130 aggregate value, broker and exchange listed (Merrill Lynch, NYSE)
  • Comprehensive prior-sale listing showing dates and gross proceeds for sales from May to August 2025
Negative
  • Significant recent dispositions reported by the same seller, including a large single-day sale of 110,600 shares on 07/24/2025
  • Notice shows reliance on previously acquired PIPE shares (3,500,000), but does not state remaining holdings after recent sales

Insights

TL;DR: Form 144 discloses a modest planned sale and extensive prior dispositions by Aldel LLC; details are compliance-focused.

The filing documents a proposed disposition of 28,736 Hagerty common shares valued at $322,130, to be executed via Merrill Lynch on the NYSE around 08/28/2025. Acquisition origin is explicit: the shares were obtained on 12/02/2021 through a PIPE related to Hagerty's business combination. The notice lists numerous prior cash sales by Robert I. Kauffman/Aldel LLC from May through August 2025, with the largest single-day reported sale of 110,600 shares on 07/24/2025. For investors, the record here is primarily informational and centered on regulatory disclosure obligations; the document does not provide commentary on intent beyond the required representation about material nonpublic information.

TL;DR: The filing appears procedurally complete, showing acquisition source and recent dispositions consistent with Rule 144 requirements.

The Form 144 identifies the seller (Robert I. Kauffman/Aldel LLC), the broker (Merrill Lynch), acquisition date (12/02/2021) and nature (PIPE financing), and the planned sale details (28,736 shares; $322,130 aggregate value; NYSE execution). It also includes an itemized list of prior sales over the past three months, meeting the disclosure expectations of the form. The filing contains the required signer representation regarding knowledge of material nonpublic information. No additional governance or procedural deficiencies are stated in the content provided.

Hagerty, Inc. (HGTY) � Il modulo 144 segnala la proposta di vendita di 28.736 azioni ordinarie per un valore complessivo di $322.130,00, prevista intorno al 28/08/2025 tramite Merrill Lynch alla NYSE. I titoli erano stati acquisiti il 02/12/2021 nell'ambito di un finanziamento PIPE legato alla business combination di Hagerty, con 3.500.000 azioni registrate come acquisite da Aldel LLC. Il venditore indicato per l'operazione è Robert I. Kauffman / Aldel LLC. Il deposito riporta inoltre numerose vendite precedenti dallo stesso venditore tra maggio e agosto 2025, inclusa una vendita giornaliera di 110.600 azioni il 24/07/2025. Il numero di azioni in circolazione segnalato dall'emittente è 90.942.223.

Hagerty, Inc. (HGTY) � El formulario 144 notifica la propuesta de venta de 28.736 acciones ordinarias por un valor agregado de $322.130,00, prevista alrededor del 28/08/2025 a través de Merrill Lynch en la NYSE. Los títulos fueron adquiridos el 02/12/2021 como parte de una financiación PIPE vinculada a la combinación de negocios de Hagerty, con 3.500.000 acciones registradas a nombre de Aldel LLC. El declarante para cuya cuenta se proponen las ventas está identificado como Robert I. Kauffman / Aldel LLC. La presentación también enumera numerosas ventas previas por el mismo vendedor entre mayo y agosto de 2025, incluida una venta en un solo día de 110.600 acciones el 24/07/2025. El número de acciones en circulación informado por el emisor en el aviso es 90.942.223.

Hagerty, Inc. (HGTY) � Form 144� � 시장가� $322,130.0028,736 보통� 매각 예정 사실� 통지하며, 매각은 2025-08-28� NYSE� Merrill Lynch� 통해 이루어질 예정입니�. 해당 증권은 Hagerty� 합병 관� PIPE 자금 조달� 일부� 2021-12-02� 취득되었�, 3,500,000주가 Aldel LLC� 의해 취득� 것으� 기록되어 있습니다. 매각 제안� 계정 보유자는 Robert I. Kauffman / Aldel LLC� 표시됩니�. 제출서에� 2025� 5월부� 8월까지 동일 매도인의 다수� 이전 매각 내역� 기재되어 있으�, 그중 2025-07-24� 하루 동안 110,600주를 매도� 사례가 포함되어 있습니다. 공시� 발행 주식수는 90,942,223주입니다.

Hagerty, Inc. (HGTY) � Le formulaire 144 signale la proposition de vente de 28 736 actions ordinaires pour une valeur totale de $322 130,00, devant être vendues aux alentours du 28/08/2025 via Merrill Lynch à la NYSE. Les titres ont été acquis le 02/12/2021 dans le cadre d'un financement PIPE lié à la fusion d'entreprise de Hagerty, 3 500 000 actions ayant été enregistrées au nom d'Aldel LLC. Le déclarant pour le compte duquel les ventes sont proposées est identifié comme Robert I. Kauffman / Aldel LLC. Le dépôt mentionne également de nombreuses ventes antérieures par le même vendeur entre mai et août 2025, y compris une cession quotidienne de 110 600 actions le 24/07/2025. Le nombre d'actions en circulation déclaré par l'émetteur dans l'avis est de 90 942 223.

Hagerty, Inc. (HGTY) � Das Formular 144 meldet den geplanten Verkauf von 28.736 Stammaktien mit einem Gesamtmarktwert von $322.130,00, der voraussichtlich um den 28.08.2025 über Merrill Lynch an der NYSE erfolgen soll. Die Wertpapiere wurden am 02.12.2021 im Rahmen einer PIPE-Finanzierung im Zusammenhang mit der Unternehmenszusammenführung von Hagerty erworben; 3.500.000 Aktien sind als von Aldel LLC erworben verzeichnet. Für deren Konto werden die Verkäufe vom Einreicher Robert I. Kauffman / Aldel LLC vorgeschlagen. Die Einreichung listet zudem zahlreiche frühere Verkäufe desselben Verkäufers zwischen Mai und August 2025, darunter einen Tagesverkauf von 110.600 Aktien am 24.07.2025. Die im Hinweis angegebene Zahl der ausstehenden Aktien beträgt 90.942.223.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does Hagerty's (HGTY) Form 144 filed by Aldel LLC disclose?

The filing discloses a proposed sale of 28,736 common shares valued at $322,130 to be sold on or about 08/28/2025 through Merrill Lynch on the NYSE.

Who is the seller named on the Form 144 for HGTY?

The seller is identified as Robert I. Kauffman / Aldel LLC.

When and how were the securities being sold originally acquired?

The securities were acquired on 12/02/2021 as part of a PIPE financing connected to Hagerty's business combination, with 3,500,000 shares recorded as acquired by Aldel LLC.

Does the Form 144 list recent sales by the same seller?

Yes. The filing itemizes multiple sales from 05/20/2025 through 08/27/2025, including amounts and gross proceeds; the largest reported single-day sale is 110,600 shares on 07/24/2025.

Through which broker and exchange is the proposed sale planned?

The proposed sale is to be executed via Merrill Lynch (200 Park Ave, New York) on the NYSE.
HAGERTY INC

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United States
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