Hagerty Holding Corp. announced an underwritten secondary public offering of 8.25 million Class A Common Stock shares, causing Hagerty, Inc. (NYSE:HGTY) to decline 2.3% in after‑hours trading on Wednesday. The selling shareholder also intends to grant the underwriters a 30‑day option to purchase up to an additional 1,237,500 shares. Hagerty will not receive any proceeds from the sale; the selling shareholder will bear the underwriting discount, while Hagerty will cover the remaining offering expenses. Net proceeds from the shareholder’s share sale will be used to redeem, for the benefit of the Kim Hagerty Revocable Trust, a corresponding number of HHC shares. Wells Fargo Securities and J.P. Morgan are acting as representatives of the underwriters and serve as lead book‑running managers for the offering. Hagerty provides vehicle insurance products and services to driving enthusiasts, currently protecting 3.0 million vehicles across the United States, Canada, and the United Kingdom.