Hagerty McKeel 4
Research Summary
AI-generated summary
Hagerty (HGTY) CEO Hagerty McKeel Withholds 82,868 Shares
What Happened
Hagerty CEO Hagerty McKeel had 82,868 shares of Class A Common Stock withheld to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs). The filing reports a per-share value of $10.66, for a total value of $883,373. This transaction is a tax-withholding disposition of shares, not a market sale or a buy.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (appears timely).
- Shares withheld/disposed: 82,868 shares of Class A common stock.
- Reported price per share: $10.66; total value reported: $883,373.
- Footnote: F1 — shares were withheld to cover taxes upon RSU vesting under RSU award agreements.
- Filing includes Exhibit 24 (Power of Attorney).
- Shares owned after the transaction: not specified in this filing.
Context
This was a routine tax-withholding event tied to RSU vesting (often called a cashless or share-withholding settlement). Such withholdings are administrative and do not necessarily indicate the insider's view on the stock.