secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN COASTAL INSURANCE Corp (ACIC)
CIK:        0001401521
Form:       8-K
Filed at:   2022-12-27T23:59:59+00:00
Accession:  0001401521-22-000161
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

UIHC grants retention bonuses to CFO Martz and two other officers totaling $661,500
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1401521/000140152122000161/0001401521-22-000161-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1401521/000140152122000161/uihc-20221227.htm
  HTML page:      https://secwatch.observer/filing/0001401521-22-000161

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