Hagerty Director Sells 5,531 Shares for $61,000

Transaction worth based connected SEC Form 4 reported terms ($11.01); post-transaction worth based connected April 7, 2026 marketplace adjacent ($11.08).

• How does the size of this merchantability comparison to Harris' caller trading activity?
  The 5,531 shares sold is the largest azygous open-market merchantability by Harris successful the past 3 years, exceeding the mean merchantability size of ~4,371 shares crossed the anterior 3 merchantability transactions.

• What information of Harris' equity does this transaction represent?
  This merchantability accounted for 13.1% of Harris' nonstop equity presumption astatine the time, reducing nonstop ownership from 42,220 to 36,689 shares.

• Was this merchantability discretionary, and what was the stated rationale for the timing?
  The transaction was executed automatically nether a Rule 10b5-1 plan, specifically arsenic a "sell to cover" to fulfill taxation withholding linked to the vesting of restricted banal units, not arsenic a discretionary portfolio decision.

• Does Harris support a worldly continuing presumption successful Hagerty pursuing this transaction?
  Yes; Harris continues to straight ain 36,689 shares of Class A Common Stock aft the sale, providing ongoing vulnerability to the company.

1-year show calculated utilizing April 7, 2026, arsenic the notation date.

• Offers specialty security products for automobiles and boats, reinsurance, subscription-based enthusiast services, valuation tools, and lawsuit absorption platforms.

• Generates gross done security premiums, subscription fees, media content, and lawsuit services, leveraging a diversified ecosystem for automotive enthusiasts.

• Targets classical and collector conveyance owners, automotive enthusiasts, and lawsuit organizers seeking specialized security and community-driven services.

Hagerty is simply a specialty security and automotive manner institution with a marketplace capitalization of $3.81 cardinal and yearly trailing-12-month gross of $1.46 billion. The company’s integrated level combines insurance, media, and enthusiast services, creating aggregate touchpoints with its people market. Hagerty's competitory borderline lies successful its unsocial blend of security expertise and a robust, engaged assemblage of automotive enthusiasts.