{"filing":{"accession_number":"0001193125-26-389275","cik":"0001840776","ticker":"HGTY","company_name":"Hagerty, Inc.","form":"8-K","filing_date":"2026-09-11","report_date":"2026-09-09","primary_document":"d71458d8k.htm","primary_document_url":"https://www.sec.gov/Archives/edgar/data/1840776/000119312526389275/d71458d8k.htm"},"events":[{"id":32934,"run_id":30277,"accession_number":"0001193125-26-389275","anchor_item_number":"1.01","event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.9,"summary":"Hagerty completed a secondary offering of 10,637,500 shares of Class A common stock (including full exercise of underwriters' option) at $11.95 per share on September 11, 2026. Although the Selling Stockholder (Hagerty Holding Corp., affiliated with the Kim Hagerty Revocable Trust) received the proceeds rather than the Company, the offering materially dilutes existing shareholders by increasing total shares outstanding.","company_name":"Hagerty, Inc.","ticker":"HGTY","filing_date":"2026-09-11","form":"8-K","submitted_at":null,"items":[{"id":36230,"accession_number":"0001193125-26-389275","item_number":"1.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"This disclosure describes a secondary offering of 10,637,500 shares of Class A common stock (including the full exercise of the underwriters' option) at $11.95 per share, representing a dilutive equity issuance. Although the shares are being sold by the Selling Stockholder (Hagerty Holding Corp.) rather than directly by the Company, the offering increases the total shares outstanding and dilutes existing shareholders. The press release confirms the offering closed on September 11, 2026, and notes that Hagerty itself receives no proceeds, with the Selling Stockholder using net proceeds for a redemption benefiting the Kim Hagerty Revocable Trust. This is a material capital event affecting share structure and ownership.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-11T20:11:43.082463+00:00","company_name":"","ticker":null,"filing_date":""},{"id":36231,"accession_number":"0001193125-26-389275","item_number":"8.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses pricing of a secondary offering of 9,250,000 shares of Class A Common Stock at $11.95 per share, with an additional 30-day option for 1,387,500 shares. Although the selling stockholder (HHC, affiliated with the Kim Hagerty Revocable Trust) rather than Hagerty itself receives proceeds, this is a material dilutive issuance of equity securities that increases the share count and dilutes existing shareholders. The press release emphasizes the offering size and pricing details, consistent with a material capital event disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-11T20:11:43.082463+00:00","company_name":"","ticker":null,"filing_date":""}]}],"classifications":[{"id":36230,"accession_number":"0001193125-26-389275","item_number":"1.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.85,"reasoning":"This disclosure describes a secondary offering of 10,637,500 shares of Class A common stock (including the full exercise of the underwriters' option) at $11.95 per share, representing a dilutive equity issuance. Although the shares are being sold by the Selling Stockholder (Hagerty Holding Corp.) rather than directly by the Company, the offering increases the total shares outstanding and dilutes existing shareholders. The press release confirms the offering closed on September 11, 2026, and notes that Hagerty itself receives no proceeds, with the Selling Stockholder using net proceeds for a redemption benefiting the Kim Hagerty Revocable Trust. This is a material capital event affecting share structure and ownership.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-11T20:11:43.082463+00:00","company_name":"Hagerty, Inc.","ticker":"HGTY","filing_date":"2026-09-11"},{"id":36231,"accession_number":"0001193125-26-389275","item_number":"8.01","item_title":null,"event_type":"dilutive_issuance","event_domain":"financial","is_material":true,"confidence":0.92,"reasoning":"The filing discloses pricing of a secondary offering of 9,250,000 shares of Class A Common Stock at $11.95 per share, with an additional 30-day option for 1,387,500 shares. Although the selling stockholder (HHC, affiliated with the Kim Hagerty Revocable Trust) rather than Hagerty itself receives proceeds, this is a material dilutive issuance of equity securities that increases the share count and dilutes existing shareholders. The press release emphasizes the offering size and pricing details, consistent with a material capital event disclosure.","classifier_version":"claude-haiku-4-5-20251001+prompt-a85dd512","taxonomy_version":"v1.3","classified_at":"2026-09-11T20:11:43.082463+00:00","company_name":"Hagerty, Inc.","ticker":"HGTY","filing_date":"2026-09-11"}]}