Hagerty, Inc. recently filed Form 144 with the Securities and Exchange Commission (SEC), indicating that certain shareholders, including company insiders, are planning to sell shares. Form 144 is required when insiders of a company plan to sell their shares, providing transparency to investors and the market about potential sell-offs. While the filing of Form 144 does not necessarily mean that the sales will occur, it serves as a precautionary measure to ensure that any potential selling activity is conducted in compliance with SEC regulations.
Hagerty, Inc. is a well-known provider of classic car insurance, valuation tools, and other services for vintage vehicle enthusiasts. With a focus on preserving and promoting the passion for classic cars, Hagerty has established itself as a trusted brand in the automotive industry. The company’s dedication to serving the needs of classic car owners and collectors has earned it a strong reputation and a loyal customer base. For more information about Hagerty, Inc., visit their website here.
Form 144, the filing submitted by Hagerty, Inc., is a notice of proposed sale of securities that provides information about the intentions of company insiders to sell their shares. This filing is part of the regulatory requirements set by the SEC to ensure transparency and fair practices in the trading of securities. Investors and market participants often monitor Form 144 filings to stay informed about potential changes in share ownership and to gauge the confidence of insiders in the company’s performance.
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Hagerty, Inc. Files SEC Form 144 – What You Need to Know
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