Hagerty, Inc. Form 8-K Summary
Business context and reporting period
Hagerty, Inc. filed a Form 8-K reporting the results of its 2022 Annual Meeting of Stockholders, held on June 6, 2022. The filing was signed on June 9, 2022. Hagerty is incorporated in Delaware and its Class A common stock trades on the New York Stock Exchange under “HGTY.”
Meeting participation and financial metrics
- Shares represented in person or by proxy: 327,997,332.
- The filing is a corporate-governance report and does not provide revenue, profit, cash flow, margins, debt, liquidity, or other operating financial metrics.
Material changes versus the prior comparable period
No prior-period operating or financial comparison is provided. All nine director nominees were elected to one-year terms expiring at the 2023 annual meeting or until successors are elected and qualified.
| Director nominee | For | Withheld | Broker non-votes |
|---|---|---|---|
| McKeel Hagerty | 315,738,897 | 4,991,166 | 7,267,269 |
| Michael Angelina | 317,665,466 | 3,064,597 | 7,267,269 |
| F. Michael Crowley | 318,904,310 | 1,825,753 | 7,267,269 |
| Laurie Harris | 318,823,287 | 1,906,776 | 7,267,269 |
| Robert Kauffman | 318,823,272 | 1,906,791 | 7,267,269 |
| Sabrina Kay | 320,291,611 | 438,452 | 7,267,269 |
| Mika Salmi | 320,693,011 | 37,052 | 7,267,269 |
| William Swanson | 320,694,088 | 35,975 | 7,267,269 |
| Michael Tipsord | 320,694,815 | 35,248 | 7,267,269 |
Guidance, outlook, risks, contingencies, and unusual items
- Stockholders ratified Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2022.
- The ratification vote was 327,065,817 for, 912,292 against, and 19,233 abstentions.
- No management guidance, outlook, contingencies, or unusual financial items are disclosed in this filing.
Key facts investors should verify
- Confirm the elected director slate and one-year term structure.
- Review the significance of 7,267,269 broker non-votes in the director elections.
- Confirm Deloitte & Touche LLP’s appointment for fiscal 2022.
- Refer to the company’s periodic financial filings for financial performance, liquidity, leverage, and outlook, which are not included here.