Briglia Jeffrey Edward 4

What Happened

• Jeffrey Edward Briglia, President of Insurance at Hagerty, was granted 46,297 restricted stock units (RSUs) on April 1, 2026 (reported as an acquisition at $0.00). Simultaneously, 9,899 shares were withheld (disposed) to satisfy tax obligations at $10.66 per share, totaling $105,523. The RSU grant is an award rather than a market purchase — the withholding is a routine tax-related disposition.

Key Details

• Transaction date: 2026-04-01; filing date (Form 4): 2026-04-03 (timely).
• Grant: 46,297 RSUs (acquired at $0.00).
• Tax withholding/disposition: 9,899 shares sold/withheld at $10.66 each, total $105,523.
• Shares owned after the transaction: not specified in the provided filing.
• Footnotes:
  • F1: RSUs vest in equal amounts annually through April 1, 2029, subject to continued service and certain exceptions (death, disability, retirement, or change of control).
  • F2: The 9,899 shares represent shares withheld to cover taxes upon RSU vesting.
• Transaction code meanings: A = Award/Grant; F = Tax withholding (disposition).

Context

• This was an equity award (RSUs) with standard tax-withholding; it is not a market buy or sale motivated by trading intent. RSU grants are compensation and will convert to shares as they vest per the schedule in the filing. Routine tax withholding is common and does not necessarily indicate a view on the company's stock.