---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-138498"
form_type: "8-K"
ticker: "HCI"
cik: "0001400810"
company_name: "HCI Group, Inc."
filed_at: "2024-12-19T23:59:59+00:00"
generated_at: "2026-05-29T01:22:35.495034+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# HCI Group awards $2.4M bonus to CEO Paresh Patel; other exec bonuses total $875K

## Summary
- CEO Paresh Patel received cash bonus of $2,400,000 for 2024 performance.
- CFO James Harmsworth, COO Karin Coleman, and GC Andrew Graham each received $250,000.
- President of real estate division Anthony Saravanos received $125,000.
- Total executive cash bonuses awarded: $3,275,000.
- Compensation committee cited strategic initiatives and response to Hurricanes Debby, Helene, Milton.

## SEC filing metadata
- accession: 0000950170-24-138498
- form_type: 8-K
- ticker: HCI
- cik: 0001400810
- company_name: HCI Group, Inc.
- filed_at: 2024-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400810/000095017024138498/0000950170-24-138498-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400810/000095017024138498/hci-20241216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-138498
- JSON: https://secwatch.observer/filing/0000950170-24-138498.json
- Plain text: https://secwatch.observer/filing/0000950170-24-138498.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.