Hagerty: Selling stockholder sells 10,637,500 Class A shares at $11.95 each
Hagerty Holding Corp., Hagerty's selling stockholder, sold 10,637,500 Class A common shares in a secondary offering after the underwriters exercised their option in full. Hagerty, Inc. said it will receive none of the proceeds, so the sale does not add cash to the company, but it does increase the number of publicly traded Class A shares.
Key points
- Public offering price of $11.95 per share, priced September 9, 2026
- 10,637,500 shares sold, including 1,387,500 shares from the underwriters' option exercised in full
- Offering closed September 11, 2026; Hagerty, Inc. receives none of the proceeds
- Selling stockholder says net proceeds will fund a redemption of its HHC shares for the Kim Hagerty Revocable Trust
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.