Hagerty, Inc.·4

Apr 3, 2:48 PM ET

Ahn Kenneth 4

4 · Hagerty, Inc. · Filed Apr 3, 2026

Research Summary

AI-generated summary of this filing

Updated

Hagerty (HGTY) President Kenneth Ahn Receives RSU Award; Shares Withheld

What Happened

  • Kenneth Ahn, President of Hagerty Marketplace, was awarded 23,149 shares (RSUs) on April 1, 2026 (reported Apr 3, 2026). To cover tax withholding, 9,627 shares were surrendered at an effective withholding value of $10.66 per share (total ~$102,624). Net shares issued to Ahn from this vesting event = 13,522.

Key Details

  • Transaction dates: April 1, 2026 (award and tax withholding); filing date Apr 3, 2026.
  • Award: 23,149 Class A shares reported as an RSU acquisition (Code A) at $0.00 per share.
  • Tax withholding: 9,627 shares disposed (Code F) at $10.66 per share, proceeds ~$102,624.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnotes: F1 — RSUs granted under Hagerty’s 2021 Equity Incentive Plan; vest annually in equal amounts through Apr 1, 2029, subject to continued service (with exceptions). F2 — the 9,627-share entry represents shares withheld to satisfy taxes upon vesting.
  • Filing appears timely (transaction reported within the Form 4 filing dated Apr 3, 2026).

Context

  • This was an equity award vesting event (compensation), not an open-market purchase or voluntary sale. The share disposition was a standard tax-withholding/net-settlement of RSUs rather than a market sale, which is routine following vesting and does not necessarily indicate a change in insider sentiment.

Insider Transaction Report

Form 4
Period: 2026-04-01
Ahn Kenneth
President, Hagerty Marketplace
Transactions
  • Award

    Class A Common Stock

    [F1]
    2026-04-01+23,149136,742 total
  • Tax Payment

    Class A Common Stock

    [F2]
    2026-04-01$10.66/sh9,627$102,624127,115 total
Footnotes (2)
  • [F1]Represents shares of Class A Common Stock of Hagerty, Inc. ("Class A Common Stock") underlying restricted stock units ("RSUs") acquired by the Reporting Person under the Hagerty, Inc. (the "Issuer") 2021 Equity Incentive Plan (the "Plan"). The RSUs vest in equal amounts on each annual-anniversary of the grant date ending on April 1, 2029, subject to the Reporting Person's continued service with the Issuer, with exceptions for death, disability, or retirement terminations, or a change of control of the Issuer.
  • [F2]Represents total number of shares of Class A Common Stock of the Issuer withheld for taxes upon vesting of RSUs pursuant to various RSU award agreements
Signature
/s/ Tracey Derenzy, Power of Attorney|2026-04-03

Documents

1 file
  • 4
    wk-form4_1775242099.xmlPrimary

    FORM 4