Briglia Jeffrey Edward 4
Research Summary
AI-generated summary
Hagerty (HGTY) President Jeffrey Briglia Withholds 4,892 Shares for Taxes
What Happened
- Jeffrey Edward Briglia, President of Insurance at Hagerty, had 4,892 shares of Class A common stock withheld to satisfy tax withholding upon the vesting of restricted stock units (RSUs). The reported per-share value was $12.06, for a total of $58,998. The transaction is recorded as a disposition (transaction code F).
Key Details
- Transaction date: 2026-07-01; Filing date: 2026-07-02 (timely).
- Price reported: $12.06 per share; Total value: $58,998.
- Shares disposed/withheld: 4,892 (tax withholding on RSU vesting).
- Footnote: Withholding pursuant to the RSU Agreement dated July 1, 2024 (F1).
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Not late (filed next day).
Context
- This was a tax-withholding disposition tied to RSU vesting, not a discretionary open-market sale or purchase. Such withholdings are routine administrative transactions to cover taxes due when equity awards vest and do not necessarily indicate the insider’s view on the company’s stock.