Hagerty (HGTY) Director Mika Salmi Receives RSU Award

What Happened

• Mika Salmi, a director of Hagerty, Inc. (HGTY), received a grant of 11,871 restricted stock units (RSUs) on April 1, 2026. The reported acquisition price is $0.00 (i.e., no cash paid at grant). The filing was submitted on April 3, 2026.

Key Details

• Transaction type: Award/Grant (Form 4 code A)
• Transaction date: 2026-04-01; Filing date: 2026-04-03 (appears timely)
• Shares involved: 11,871 RSUs; reported consideration: $0.00
• Vesting: RSUs vest on 2027-04-01, subject to continued service (exceptions for death or disability) — per footnote.
• Shares owned after transaction: not specified in this filing.
• Exhibit: Exhibit 24 (Power of Attorney) noted on the filing.

Context

• These RSUs are a compensation award, not an open-market purchase or sale. They do not represent immediately tradable shares until they vest and are settled according to the company’s plan. Such grants are common for aligning executives/directors with shareholder interests but do not by themselves indicate immediate buying or selling by the insider.