{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-049205","form_type":"8-K","ticker":"HCI","cik":"0001400810","company_name":"HCI Group, Inc.","filed_at":"2023-09-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.791560+00:00","generated_at":"2026-06-10T10:29:52.361566+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"HCI Group sets CEO cash bonus plan tied to 2023 EBT threshold of $35M, awards 150K option","bullets":["CEO Paresh Patel eligible for cash bonus up to $2.4M if consolidated 2023 pre-tax earnings exceed $35M threshold.","Bonus paid in three equal installments through March 2026; forfeited if 2023 accident year claims materially exceed recorded losses.","Bonus subject to clawback upon restatement for material noncompliance; committee retains discretion to adjust.","Also granted option for 150K shares at $70, vesting when closing price exceeds $80 for 20 consecutive trading days, 10-year term."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-049205","json":"https://secwatch.observer/filing/0000950170-23-049205.json","markdown":"https://secwatch.observer/filing/0000950170-23-049205.md","text":"https://secwatch.observer/filing/0000950170-23-049205.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1400810/000095017023049205/0000950170-23-049205-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1400810/000095017023049205/hci-20230915.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T10:29:52.361566+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}