---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-330946"
form_type: "8-K"
ticker: "HCI"
cik: "0001400810"
company_name: "HCI Group, Inc."
filed_at: "2025-12-23T23:59:59+00:00"
generated_at: "2026-05-16T12:14:23.110069+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-25-330946
- form_type: 8-K
- ticker: HCI
- cik: 0001400810
- company_name: HCI Group, Inc.
- filed_at: 2025-12-23T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1400810/000119312525330946/0001193125-25-330946-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1400810/000119312525330946/hci-20251209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-330946
- JSON: https://secwatch.observer/filing/0001193125-25-330946.json
- Plain text: https://secwatch.observer/filing/0001193125-25-330946.txt

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