Kay Sabrina 4
Research Summary
AI-generated summary
Hagerty (HGTY) Director Kay Sabrina Receives RSU Award
What Happened
- Kay Sabrina, a director of Hagerty, Inc. (HGTY), was awarded 11,871 shares underlying Restricted Stock Units (RSUs) on 2026-04-01. The RSUs were reported at $0.00 on grant (no cash paid). Per the filing, these RSUs vest on April 1, 2027, subject to the director's continued service (with exceptions for death or disability).
Key Details
- Transaction date: 2026-04-01; transaction type: Award/Grant (code A).
- Shares granted: 11,871 RSUs; reported acquisition price: $0.00; reported total $0.
- Plan: Issuer’s 2021 Equity Incentive Plan (see footnote F1).
- Vesting: April 1, 2027, subject to continued service (exceptions for death/disability).
- Shares owned after transaction: not disclosed in this Form 4.
- Other filings/remarks: Exhibit 24 (Power of Attorney) attached. No 10b5-1 plan or tax-withholding details reported.
- Filing timeliness: Form 4 filed 2026-04-03 for a 2026-04-01 transaction (no late filing indicated in the form).
Context
- This was a compensation/retention equity award (RSUs), not a market purchase or sale. RSU grants are common for directors and typically convert to actual shares only after vesting, so they don't represent an immediate cash investment or sale.
Loading document...