Hagerty, Inc.
A specialty insurer and marketplace built around collector cars, Hagerty covers everything from classics to modern enthusiast models through its own underwriting and reinsurance arms, while its Marketplace business runs live and digital auctions plus private sales. It began in 1984, when Frank and Louise Hagerty wrote policies in their Traverse City, Michigan basement—first for classic wooden boats, since insurers deemed them too risky. Their own Chris-Craft boat was named Pipe Dream.
Item 4 of the Schedule 13D is hereby amended and supplemented as follows: On April 13, 2026, Michael R. Heaton, formerly the Executive Vice President and Chief Operating Officer of Markel Group, resigned as a director on the Company's board of directors (the "Board"), effective immediately. Following Mr. Heaton's resignation, Markel Group selected Henrik Bjornstad, a former employee of Markel Group, to replace Mr. Heaton as Markel Group's designee on the Board, and the Board appointed Mr. Bjornstad as a director on the Board, effective April 14, 2026.
On August 13, 2025, Hagerty Holding Corp., a Delaware close corporation ("HHC"), sold an additional 1,236,750 shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of Hagerty, Inc. (the "Company"), pursuant to the Underwriting Agreement, dated August 7, 2025, among the Company, The Hagerty Group, LLC, HHC, Aldel LLC, and Keefe, Bruyette & Woods, Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters listed in Schedule 1 thereto (collectively, the "Underwriters"), following the exercise by the Underwriters of their option to purchase such additional shares.
| Holder | Schedule | % of class | Shares | Filed |
|---|---|---|---|---|
| MARKEL GROUP INC. | 13D/AActivist | 44.8% | 79.38M | Apr 15, 2026 |
Item 4 of the Schedule 13D is hereby amended and supplemented as follows: On April 13, 2026, Michael R. Heaton, formerly the Executive Vice President and Chief Operating Officer of Markel Group, resigned as a director on the Company's board of directors (the "Board"), effective immediately. Following Mr. Heaton's resignation, Markel Group selected Henrik Bjornstad, a former employee of Markel Group, to replace Mr. Heaton as Markel Group's designee on the Board, and the Board appointed Mr. Bjornstad as a director on the Board, effective April 14, 2026. | ||||
| T. Rowe Price Investment Management, Inc. | 13GPassive | 5.7% | 5.23M | Nov 14, 2025 |
| State Farm Mutual Automobile Insurance Company | 13D/AActivist | 53.5% | 56.04M | Nov 6, 2025 |
| Polar Capital Holdings Plc | 13G/APassive | 5.85% | 5.31M | Sep 4, 2025 |
| Polar Capital LLP | 13G/APassive | 5.85% | 5.31M | Sep 4, 2025 |
| Polar Capital Funds PLC - Biotechnology Fund | 13G/APassive | 5.85% | 5.31M | Sep 4, 2025 |
| HAGERTY HOLDING CORP. | 13D/AActivist | 62.4% | 166.55M | Aug 15, 2025 |
On August 13, 2025, Hagerty Holding Corp., a Delaware close corporation ("HHC"), sold an additional 1,236,750 shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), of Hagerty, Inc. (the "Company"), pursuant to the Underwriting Agreement, dated August 7, 2025, among the Company, The Hagerty Group, LLC, HHC, Aldel LLC, and Keefe, Bruyette & Woods, Inc. and J.P. Morgan Securities LLC, as representatives of the several underwriters listed in Schedule 1 thereto (collectively, the "Underwriters"), following the exercise by the Underwriters of their option to purchase such additional shares. | ||||
| Neuberger Berman Group LLC | 13GPassive | 5.3% | 4.73M | Feb 4, 2025 |
| Neuberger Berman Investment Advisers LLC | 13GPassive | 5.3% | 4.73M | Feb 4, 2025 |