{"url_path":"/sec/hgty/8-k/2026-09-11/item-1-01","section_key":"item-1-01","section_title":"Item 1.01 Entry into a Material Definitive Agreement.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-09-11","source_url":"https://www.sec.gov/Archives/edgar/data/1840776/0001193125-26-389275-index.html","accession_number":"0001193125-26-389275","cik":"0001840776","ticker":"HGTY","issuer_name":"Hagerty, Inc.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1840776/0001193125-26-389275-index.html","primary_entity_key":"0001840776","primary_entity_name":"Hagerty, Inc."},"word_count":258,"has_tables":true,"body_markdown":"ITEM 1.01\n\nEntry into a Material Definitive Agreement.\n\nOn September 9, 2026, Hagerty, Inc. (the “Company”), The Hagerty Group, LLC, and Hagerty Holding Corp. (the “Selling Stockholder”) entered into an underwriting agreement (the “Underwriting Agreement”) with Wells Fargo Securities, LLC and J.P. Morgan Securities LLC as representatives of the several underwriters named therein (collectively, the “Underwriters”). Pursuant to the Underwriting Agreement, the Selling Stockholder agreed to sell an aggregate of 9,250,000 shares of the Company’s Class A common stock, par value $0.0001 per share (“Class A Common Stock”), and granted the Underwriters a 30-day option to purchase up to an additional 1,387,500 shares of Class A Common Stock. The Underwriters exercised the option in full, and an aggregate of 10,637,500 shares of Class A Common Stock (the “Shares”) were sold in the offering (the “Offering”).\n\nThe Offering was made pursuant to an effective registration statement previously filed by the Company with the Securities and Exchange Commission (Registration No. 333-261810), at a public offering price of $11.95 per Share. The Offering closed on September 11, 2026.\n\nThe Underwriting Agreement contains customary representations, warranties and agreements of the parties, conditions to closing, and indemnification obligations of the parties. The foregoing description of the Underwriting Agreement is qualified in its entirety by the text of the Underwriting Agreement attached as Exhibit 1.1 to this Current Report on Form 8-K and incorporated herein by reference.\n\nA copy of the opinion of DLA Piper LLP (US) relating to the validity of the Shares sold in the Offering is filed herewith as Exhibit 5.1."}