Salmi Mika 4
4 · Hagerty, Inc. · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
Form 4
Hagerty, Inc.HGTY
Salmi Mika
Director
Transactions
- Award
Class A Common Stock
[F1]2026-04-01+11,871→ 54,173 total
Footnotes (1)
- [F1]Represents shares of Class A Common Stock of Hagerty, Inc. (the "Issuer") underlying Restricted Stock Units ("RSUs") acquired by the Reporting Person under the Issuer's 2021 Equity Incentive Plan. The RSUs vest on April 1, 2027, subject to the Reporting Person's continued service with the Issuer, with exceptions for death or disability.
Signature
/s/ Tracey Derenzy, Power of Attorney|2026-04-03