Exzeo Group, HCI subsidiary, enters new CEO employment agreement; awards $3.75M cash bonus

HCI Group, Inc.

Paresh Patel named CEO of Exzeo Group effective Jan 1, 2026, with base salary of $950,000.
Exzeo awarded Patel a cash bonus of $3,750,000, payable before December 31, 2025.
Patel entered a 10b5-1 trading plan to acquire up to 100,000 shares or $2 million of Exzeo common stock by Dec 18, 2026.
Severance provides 12 months base salary if terminated without cause, for good reason, or within 180 days after change of control.

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