secwatch.observer — SEC 8-K summary
======================================

Issuer:     Hagerty, Inc. (HGTY)
CIK:        0001840776
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001840776-22-000151
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Hagerty settles with former CSO Kelly Smith for $550K severance
---------------------------------------------------------------

- Smith's employment ended June 17, 2022; severance agreement dated Nov 8, 2022.
- Hagerty pays Smith $500,000 plus $50,000 to his attorneys, total $550,000.
- Includes mutual releases of claims and nondisparagement obligations.
- Severance resolves dispute over amounts due under employment agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840776/000184077622000151/0001840776-22-000151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840776/000184077622000151/hgty-20221108.htm
  HTML page:      https://secwatch.observer/filing/0001840776-22-000151

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer