other material
confidence high
sentiment neutral
materiality 0.20
HCI Group sets non-employee director compensation: $100K cash, 500 restricted shares annually
HCI Group, Inc.
- Each non-employee director receives $100,000 cash per year, paid quarterly, plus 500 restricted common shares.
- Restricted shares subject to transfer restrictions until May 21, 2024; directors receive dividends and ownership rights during restriction.
- Director Eric Hoffman waived his compensation under the plan.
- Compensation committee established plan on June 8, 2023.