| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | HGTY | Class A Common Stock | Sale | -$142K | -15.8K | -0.45% | $9.00 | 3.48M | Mar 7, 2024 | By Aldel LLC | F1, F2 |
| transaction | HGTY | Class A Common Stock | Sale | -$105K | -11.7K | -0.34% | $9.00 | 3.47M | Mar 8, 2024 | By Aldel LLC | F1, F2 |
| transaction | HGTY | Class A Common Stock | Sale | -$74K | -8.22K | -0.24% | $9.00 | 3.46M | Mar 11, 2024 | By Aldel LLC | F1, F2 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The reported sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 11, 2023. |
| F2 | Held by Aldel LLC. Mr. Kauffman is the manager of Aldel LLC and has voting and investment discretion with respect to the securities held of record by Aldel LLC. Mr. Kauffman disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. |
Exhibit List: Exhibit 24 - Confirmation Statement