This is a routine proxy notice with no material financial implications. The board change (Heaton resignation, Bjørnstad appointment by Markel) is a contractual right exercise, not a governance dispute. Monitor the annual meeting outcome on June 9 for any unexpected vote results, but no near-term trading catalyst is present.
Price Chart
Executive Summary
Hagerty, Inc. filed a DEFA14A providing notice of its 2026 Annual Meeting to be held virtually on June 9, 2026, with proposals including the election of nine director nominees, a non-binding advisory vote on executive compensation, a vote on the frequency of future say-on-pay votes (recommending 1 year), and ratification of Deloitte & Touche LLP as independent auditor. The filing follows a recent board change where Michael Heaton resigned and was replaced by Henrik Bjørnstad, designated by Markel under an Investor Rights Agreement. This is a routine proxy solicitation notice with no material financial impact.
Key Financial Metrics
Key Facts
- 2026 Annual Meeting scheduled for June 9, 2026, at 11:00 AM EDT, held virtually
- Voting deadline is June 8, 2026, at 11:59 PM ET
- Board recommends voting FOR all nine director nominees: McKeel Hagerty, William Swanson, Henrik Bjørnstad, Randall Harbert, Laurie Harris, Robert Kauffman, Sabrina Kay, Anthony Kuczinski, Mika Salmi
- Board recommends voting FOR the non-binding advisory vote on executive compensation (say-on-pay)
- Board recommends 1 Year for the frequency of future advisory votes on executive compensation
- Board recommends FOR ratification of Deloitte & Touche LLP as independent auditor for FY 2026
- Michael Heaton resigned from the Board on April 13, 2026; Henrik Bjørnstad appointed as replacement by Markel under Investor Rights Agreement
- 10,230 RSUs held by Heaton were accelerated upon his resignation
Financial Impact
No financial figures disclosed in this filing. The only quantifiable item is the accelerated vesting of 10,230 RSUs held by departing director Michael Heaton, which is immaterial relative to the company's $3.5B market cap.
Risk Factors
- No material risks identified from this routine proxy filing
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| DEFA14A Filing (Primary) | 0001628280-26-028930 |
| Document: 0001628280-26-028930-index-headers.html | 0001628280-26-028930 |
| Document: 0001628280-26-028930-index.html | 0001628280-26-028930 |
| Document: 0001628280-26-028930.txt | 0001628280-26-028930 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 20, 2026 6d ago | Press Release | $15.52 | awaiting T+20 | — | $15.95 (+2.77%) |
Oct 15, 2026 11d ago | Press Release | $15.30 | awaiting T+20 | — | $15.95 (+4.25%) |
Oct 6, 2026 20d ago | SC 13G/A | $13.93 | awaiting T+20 | — | $15.95 (+14.50%) |
Sep 24, 2026 4w ago | Press Release | $13.58 $15.79 | ▲ +16.27% | ▲ +16.69% | $15.95 (+17.45%) |
Sep 23, 2026 4w ago | Press Release | $13.70 $15.52 | ▲ +13.28% | ▲ +12.60% | $15.95 (+16.42%) |
Sep 22, 2026 5w ago | Press Release | $13.55 $15.46 | ▲ +14.10% | ▲ +14.66% | $15.95 (+17.71%) |
Sep 17, 2026 5w ago | Press Release | $13.87 $15.30 | ▲ +10.31% | ▲ +9.10% | $15.95 (+15.00%) |
Sep 9, 2026 6w ago | Press Release | $13.49 $14.20 | ▼ −5.26% | ▼ −3.14% | $15.95 (−18.24%) |
Sep 3, 2026 7w ago | Press Release | $13.46 $13.61 | ▲ +1.11% | ▲ +2.30% | $15.95 (+18.50%) |
Aug 17, 2026 10w ago | Press Release | $12.86 $14.02 | ▲ +9.02% | ▲ +11.00% | $15.95 (+24.03%) |
US Market Status
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