Hagerty Executive Sells 50k Shares Through His Company

2 hours ago 1

Adé Hennis, The Motley Fool

Mon, February 2, 2026 astatine 2:38 AM CST 3 min read

Kenneth Ahn, President of Hagerty Marketplace, completed an indirect open-market merchantability of 50,000 Class A Common Stock shares of Hagerty, Inc. (NYSE:HGTY) for a transaction worth of astir $620,500 connected Jan. 26, 2026, according to a SEC Form 4 filing.

Metric

Value

Shares sold (indirect)	50,000
Transaction value	$620,500
Post-transaction shares (direct)	113,593
Post-transaction worth (direct ownership)	$1.42 million

Transaction worth based connected SEC Form 4 weighted mean acquisition terms ($12.41); post-transaction worth based connected Jan. 26, 2026 marketplace adjacent ($12.50).

What was the creation and interaction of the transaction connected Kenneth Ahn’s ownership?
The afloat 50,000 shares sold were held indirectly done Quadrifoglio Holdings LLC, eliminating each of Ahn’s indirect equity vulnerability successful Hagerty portion leaving his nonstop holdings intact astatine 113,593 shares.
What is the derivative discourse down this transaction?
The merchantability followed the conversion of 50,000 Released Units of The Hagerty Group, LLC, antecedently held by Quadrifoglio Holdings LLC, past transferred into Class A Common Stock.

Metric

Value

Revenue (TTM)	$1.36 billion
Net income (TTM)	$33.32 million
*Price (as of Jan. 31, 2026)	$12.41

Hagerty is simply a specialty security and automotive manner institution that offers services for automobiles and boats. It generates gross chiefly done security premiums, subscription-based memberships, lawsuit fees, and ancillary automotive services.

Investors shouldn’t see Ahn’s important for investing decisions, arsenic the merchantability was portion of a Rule 10b5-1 trading program wherever the merchantability was planned successful beforehand and not astatine the discretion of the time of the sale.

Hagerty is acceptable to adjacent its fiscal twelvemonth 2025 powerfully aft its latest Q3 had posted a nett income of $20.85, the highest ever successful a 4th passim the company’s full beingness arsenic a nationalist company, and an approximate 327% year-over-year summation from past year.

Hagerty is antithetic from your emblematic security company. Its unsocial security policies connection sum for luxury vehicles and different items, and done its subscription service, Hagerty Drivers Club, members tin entree a driver’s nine publication, automotive enthusiast events, and peculiar discounts connected vehicles.

HGTY stock prices jumped astir 38% successful 2025, and with beardown financials and a profitable subscriber base, Hagerty’s banal looks perfect for those who privation vulnerability to the car security market.

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