Hagerty, Inc.·4

Apr 3, 2:48 PM ET

Champagne Collette 4

Research Summary

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Hagerty (HGTY) CHRO Collette Champagne Receives RSU Award; Shares Withheld

What Happened

  • Collette Champagne, Hagerty's Chief Human Resources Officer and Chief Accounting Officer, received 23,742 restricted stock units (RSUs) that vested on April 1, 2026 (reported as an acquisition, code A, $0.00 per share).
  • Simultaneously, 28,278 shares were withheld to cover taxes upon vesting (reported as disposition, code F) at an indicated value of $10.66 per share, totaling $301,443. This was tax withholding on vested RSUs, not an open-market sale.

Key Details

  • Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (timely — within required reporting window).
  • Award: 23,742 RSUs granted/vested (acquired at $0.00 per share).
  • Tax withholding: 28,278 shares withheld at $10.66 each = $301,443 (disposition code F).
  • Shares owned after transaction: Not disclosed in this filing.
  • Footnotes: F1 — RSUs vest in equal annual installments through April 1, 2029, subject to continued service (with exceptions for death, disability, retirement, or change of control). F2 — the 28,278 shares represent shares withheld to satisfy tax withholding obligations upon RSU vesting.
  • Exhibit: Power of Attorney (Exhibit 24) attached to the filing.

Context

  • This filing reflects routine compensation vesting and tax withholding, not an open-market sale or purchase. The award increases her economic stake through RSU vesting, while the withheld shares simply satisfy tax obligations.