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AI brief of an SEC Form 8-K · HCI Group (HCI)

HCI Group sets 2026 salaries and awards cash bonuses to five executives

Neutral Impact 2 of 5 leadership Written later

HCI Group's compensation committee awarded cash bonuses on December 11, 2025, and set new annual salaries effective January 1, 2026, for five executives, including CEO Paresh Patel. The filing also grants restricted stock to three named executives and one other officer, vesting over three years, and the bonuses are to be paid before December 31, 2025. The filing is a routine compensation disclosure with no stated effect on company financial results.

Key points

  • CEO Paresh Patel: $950,000 base salary and $3,200,000 cash bonus
  • Karin Coleman (COO) and James Mark Harmsworth (CFO) each received a $250,000 cash bonus; Coleman's base salary is $700,000 and Harmsworth's is $625,000
  • Coleman, Harmsworth and General Counsel Andrew L. Graham each received 1,251 shares; Anthony Saravanos received 621 shares, all vesting in equal installments over three years

The filing

CompanyHCI Group (HCI)
Form8-K, current report
Filed with the SECDec 19, 2025, 4:05 PM ET
Accession number0001193125-25-326799

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 19, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.