DELANEY KEVIN M sold $125K of HGTY
DELANEY KEVIN M (Chief Accounting Officer) sold 10,345 shares of Hagerty, Inc. (HGTY) at an average of $12.09 ($12.01–$12.10, $0.13M total) across 2 trades over 2026-06-30 to 2026-07-01 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The newest information is the specific insider sale size, price range, and confirmation that it was executed under a pre-arranged 10b5-1 plan.
Market read
Traders may note the insider sale, but the planned nature and lack of fundamental updates make it low-signal for price action.
What to watch
The article does not state whether other insiders sold/bought, nor does it provide context on total compensation, tax-motivated sales, or future planned trades.
Background
The article is an SEC Form 4 insider transaction disclosure for Hagerty, Inc. (HGTY).
Ticker impact
Hagerty CFO Kevin M Delaney sold 10,345 shares in open-market trades at about $12.09, per a new Form 4 filed July 2.
Low near-term impact; any reaction is likely muted unless paired with other disclosures.
The filing specifies a pre-arranged Rule 10b5-1 plan and an open-market sale, which typically reduces interpretive value versus discretionary selling.
Market effects
Minimal, as the disclosure is company-specific and does not indicate sector-wide changes.
None indicated.
None indicated.
Counterpoint
Even with a 10b5-1 plan, repeated insider selling can coincide with private concerns, so traders may still watch for follow-on disclosures.
Key entities
- issuerHagerty, Inc.
Company whose CFO insider sale is disclosed via Form 4.
- insiderDELANEY KEVIN M
Chief Accounting Officer who sold shares in open-market trades under a 10b5-1 plan.
