[Form 4] Hagerty, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hagerty, Inc. reported an insider-related conversion and sale of shares tied to President, Hagerty Marketplace, Kenneth Ahn through Quadrifoglio Holdings LLC. On January 26, 2026, Quadrifoglio converted 50,000 Released Units of The Hagerty Group, LLC into 50,000 shares of Class A Common Stock, then sold 50,000 Class A shares at a weighted average price of $12.41 under a pre-arranged Rule 10b5‑1 trading plan. After these transactions, Quadrifoglio holds 775,213 Released Units, while Ahn directly owns 113,593 Class A shares in a separate direct position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 50,000 shares ($620,500)
Net Sell
4 txns
Insider
Ahn Kenneth
Role
President, Hagerty Marketplace
Sold
50,000 shs ($621K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | The Hagerty Group, LLC Units | 50,000 | $0.00 | -- |
| Conversion | Class A Common Stock | 50,000 | $0.00 | -- |
| Sale | Class A Common Stock | 50,000 | $12.41 | $621K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
The Hagerty Group, LLC Units — 775,213 shares (Indirect, By Quadrifoglio Holdings LLC);
Class A Common Stock — 50,000 shares (Indirect, By Quadrifoglio Holdings LLC);
Class A Common Stock — 113,593 shares (Direct)
Footnotes (1)
- Quadrifoglio Holdings LLC received 2,044,272 Common Units of The Hagerty Group, LLC (the "Restricted Units") pursuant to the terms of that certain Contribution and Exchange Agreement, dated as of August 9, 2022, among the Issuer and the parties thereto. The Restricted Units are subject to exchange restrictions that release in five equal installments on April 1st of each year (which began on April 1, 2023) (all Restricted Units that have been released from the exchange restrictions are referred to herein as the "Released Units"). The reported transaction reflects the conversion of 50,000 Released Units owned by Quadrifoglio Holdings LLC into shares of the Issuer's Class A Common Stock pursuant to that certain Exchange Agreement, dated as of August 9, 2022, by and among the Issuer and the parties thereto (the "Conversion"). After the Conversion, Quadrifoglio Holdings LLC owns 775,213 Released Units. The Reporting Person is the sole member of Quadrifoglio Holdings LLC and has voting and investment discretion with respect to the securities held of record by Quadrifoglio Holdings LLC. The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 15, 2025. This transaction was executed in multiple trades at prices ranging from $12.30 to $12.67. The price reported above reflects the weighted average purchase price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the transaction was effected.
