XML 56 R44.htm IDEA: XBRL DOCUMENT v3.24.3
Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Schedule of Other Ownership Interests
The following table summarizes the changes in ownership of THG units for the periods presented:

Three months ended
September 30,
Nine months ended
September 30,
2024202320242023
THG units held by Hagerty, Inc.
Beginning of period85,703,286 84,405,625 84,588,536 83,202,969 
Issuance of shares under employee plans211,582 73,440 1,194,808 1,016,794 
Exchange of THG units for Class A Common Stock189,294 — 320,818 259,302 
Warrant Exchange (see Note 17)3,876,201 — 3,876,201 — 
End of period89,980,363 84,479,065 89,980,363 84,479,065 
Ownership percentage
Beginning of period25.1 %24.8 %24.9 %24.5 %
End of period26.1 %24.8 %26.1 %24.8 %
THG units held by other unit holders
Beginning of period255,367,640 255,499,164 255,499,164 255,758,466 
Exchange of THG units for Class A Common Stock(189,294)— (320,818)(259,302)
End of period255,178,346 255,499,164 255,178,346 255,499,164 
Ownership percentage
Beginning of period74.9 %75.2 %75.1 %75.5 %
End of period73.9 %75.2 %73.9 %75.2 %
Total THG units outstanding345,158,709 339,978,229 345,158,709 339,978,229