Insider Trading April 8, 2026 05:03 PM

Hagerty Director Laurie Harris Disposes of 5,531 Shares in Automatic Plan

Sale executed under pre-arranged Rule 10b5-1 plan to satisfy tax obligations tied to RSU vesting; company recently beat Q4 2025 expectations

By Hana Yamamoto HGTY
Hagerty Director Laurie Harris Disposes of 5,531 Shares in Automatic Plan
HGTY

Director Laurie Harris sold 5,531 shares of Hagerty, Inc. Class A common stock on April 7, 2026, through an automatic trading arrangement established in November 2025. The sale, which generated roughly $60,896, followed restricted stock unit vesting and leaves Harris with 36,689 shares. Hagerty recently reported Q4 2025 results that exceeded analyst estimates on both earnings and revenue, while the stock trades below certain fair value estimates.

Key Points

  • Director Laurie Harris sold 5,531 Hagerty Class A shares on April 7, 2026, for about $60,896 under a Rule 10b5-1 plan.
  • Hagerty reported Q4 2025 EPS of $0.06 versus a $0.03 forecast and revenue of $357 million, an 8.95% surprise vs. $327.68 million expected.
  • HGTY shares trade at $11.36 (down 17.6% YTD) while InvestingPro lists a Fair Value of $15.35 and a PEG ratio of 0.11; these are relevant to equity investors and market valuation assessments.

Director Laurie Harris sold 5,531 shares of Hagerty, Inc. Class A common stock (NASDAQ: HGTY) on April 7, 2026, receiving approximately $60,896 for the disposition.

The shares were transacted at a weighted average price of $11.01 per share, according to the filing. Individual execution prices on the sale ranged between $10.91 and $11.10. The trade was executed automatically under a pre-arranged Rule 10b5-1 trading plan that Harris adopted on November 10, 2025. The plan was put in place to cover tax obligations arising from the vesting of restricted stock units. After the sale, Harris directly holds 36,689 shares of Hagerty, Inc.


At the time the sale was reported, HGTY shares were trading at $11.36, reflecting a year-to-date decline of 17.6%. An analysis cited from InvestingPro places a Fair Value estimate for the stock at $15.35 and highlights a low PEG ratio of 0.11, suggesting a modest price relative to near-term earnings growth expectations. InvestingPro also notes it offers six additional tips for HGTY and provides Pro Research Reports covering this company among 1,400+ other U.S. equities.


Hagerty’s recent quarterly performance may be relevant to investors monitoring insider activity. For the fourth quarter of 2025, the company reported earnings per share of $0.06, which was double the consensus forecast of $0.03. Revenue for the period came in at $357 million, beating the expected $327.68 million and representing an 8.95% upside to estimates. The company’s earnings call did not provide updates on any merger activity.

Analyst firms have not recorded recent upgrades or downgrades for Hagerty, according to the information provided. The combination of an earnings and revenue beat alongside the lack of fresh analyst actions is noted as a factor that could shape future evaluations of the company, though no specific analyst moves were reported.


This transaction and the quarterly results together give investors additional data points when assessing Hagerty’s near-term outlook and valuation relative to expectations. The trade itself was an automated sale tied to tax obligations related to equity compensation and did not reflect any ad-hoc open-market decision, per the filing details.

Risks

  • HGTY stock is down 17.6% year-to-date, indicating market volatility and downside risk for equity holders.
  • The earnings call provided no updates on mergers, leaving uncertainty about potential strategic moves or corporate transactions.
  • Analyst coverage has not shown recent upgrades or downgrades, which may limit clarity on how professional analysts currently view the company.

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