other
confidence high
sentiment neutral
materiality 0.30
UIHC grants retention bonuses to CFO Martz and two other officers totaling $661,500
AMERICAN COASTAL INSURANCE Corp
- Retention agreements with B. Bradford Martz ($283,500), Chris Griffith ($207,900), and Brooke Adler ($170,100) through Dec 31, 2023.
- Payments made Dec 30, 2022; not fully earned until Target Date; pro-rata repayment if resignation before certain dates.
- If resignation without Good Reason or termination for Cause before Target Date, 100% repayment required.