Hagerty's largest shareholder launches secondary stock offering

What's the deal? Hagerty, Inc.Dealroom has a profile for this one. Try Dealroom → disclosed on September 9, 2026, that Hagerty Holding Corp.Dealroom has a profile for this one. Try Dealroom → has begun a secondary public offering of Hagerty's Class A Common Stock. The shares are being sold by the holding company, not issued anew by Hagerty itself.

Why does that matter? Because it is a secondary offering, proceeds go to the selling shareholder rather than to Hagerty. The company, incorporated in Delaware and based in Traverse City, Michigan, is not raising new capital through the transaction.

What we know: Hagerty made the disclosure in a Form 8-K filed under Item 7.01, Regulation FD, with the press release attached as Exhibit 99.1. The filing states it "does not constitute an offer to sell or the solicitation of an offer to buy any securities."

What we don't: The 8-K omits pricing, the number of shares, and the underwriters — details that may appear in the attached press release. The report was signed by Diana M. Chafey, Hagerty's chief legal officer and corporate secretary.

The signal: A secondary offering lets an existing holder sell down its stake without diluting other shareholders. For a public company like Hagerty, the move puts its shareholder base and float in focus, even as the business raises no fresh funds.

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