secwatch.observer — SEC 8-K summary
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Issuer:     HCI Group, Inc. (HCI)
CIK:        0001400810
Form:       8-K
Filed at:   2023-06-14T23:59:59+00:00
Accession:  0000950170-23-028023
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

HCI Group sets non-employee director compensation: $100K cash, 500 restricted shares annually
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400810/000095017023028023/0000950170-23-028023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400810/000095017023028023/hci-20230608.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-028023

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