secwatch.observer — SEC 8-K summary
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Issuer:     HCI Group, Inc. (HCI)
CIK:        0001400810
Form:       8-K
Filed at:   2025-12-23T23:59:59+00:00
Accession:  0001193125-25-330946
Event type: leadership
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1400810/000119312525330946/0001193125-25-330946-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1400810/000119312525330946/hci-20251209.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-330946

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer