MARKEL GROUP INC. - 03 Jul 2024 Form 4 Insider Report for Hagerty, Inc. (HGTY)

Reporting relationship: 10%+ Owner
Issuer ticker: HGTY
Reported as of: 03 Jul 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 08 Jul 2024, 16:36:10 UTC
Prior SEC filing: 27 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Richard R. Grinnan, Senior Vice President, Chief Legal Officer and Secretary

Key filing fact

MARKEL GROUP INC. filed Form 4 for Hagerty, Inc. (HGTY) on 08 Jul 2024.

Key facts

This page summarizes MARKEL GROUP INC.'s Form 4 filing for Hagerty, Inc. (HGTY).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 08 Jul 2024, 16:36.

Change

Previous filing in this sequence was filed on 27 Jun 2023.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

HGTY transaction

Class A Common Stock

Other

Transaction value
Shares: +108,000
Change %: +3.6%
Price
Shares after: 3,108,000
Date: 03 Jul 2024
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

HGTY transaction Derivative

Warrants to purchase Class A Common Stock

Other

Transaction value
Shares: -540,000
Change %: -100%
Price
Shares after: 0
Date: 03 Jul 2024
Ownership: Direct
Underlying class: Class A Common Stock
Underlying amount: 540,000
Exercise price: $11.50
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

The reported warrants were exchanged for shares of Class A Common Stock, at a rate of 0.20 shares of Class A Common Stock per warrant, pursuant to the terms of an exchange offer made by the Issuer that expired at one minute after 11:59 p.m., Eastern Time, on July 2, 2024.