American Coastal Insurance appoints B. Bradford Martz as CEO; Peed becomes Executive Chairman

AMERICAN COASTAL INSURANCE Corp

B. Bradford Martz, previously President and CFO, named CEO and President effective February 11, 2025.
R. Daniel Peed transitions from CEO and Chairman to Executive Chairman, focusing on strategic guidance.
Martz's base salary increased to $700,000 from $525,000, effective February 11, 2025.
Annual Incentive Plan target raised to $700,000 from $360,000; LTIP target raised to $1,050,000 from $725,000.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

R. Daniel Peed

Executive Chairman of the Board of Directors

ACIC · AMERICAN COASTAL INSURANCE Corp

Effective: 2025-02-11
Filed: February 12, 2025, 6:59 PM ET

Simultaneous with Mr. Martz's promotion, R. Daniel Peed, age 62, will transition from his former role as Chief Executive Officer and Chairman of the Board of Directors to Executive Chairman of the Board of Directors.

Appointed

B. Bradford Martz

Chief Executive Officer and President

ACIC · AMERICAN COASTAL INSURANCE Corp

Effective: 2025-02-11
Successor: R. Daniel Peed
Filed: February 12, 2025, 6:59 PM ET

Effective February 11, 2025, American Coastal Insurance Corporation's ("ACIC") Board of Directors appointed B. Bradford Martz, age 53, as Chief Executive Officer and President of ACIC.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

R. Daniel Peed changed role as Executive Chairman of the Board of Directors at AMERICAN COASTAL INSURANCE Corp.

Action: will transition
Role: Executive Chairman of the Board of Directors

Exact text from the filing

Simultaneous with Mr. Martz's promotion, R. Daniel Peed, age 62, will transition from his former role as Chief Executive Officer and Chairman of the Board of Directors to Executive Chairman of the Board of Directors.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

B. Bradford Martz was appointed as Chief Executive Officer and President at AMERICAN COASTAL INSURANCE Corp.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

Effective February 11, 2025, American Coastal Insurance Corporation's ("ACIC") Board of Directors appointed B. Bradford Martz, age 53, as Chief Executive Officer and President of ACIC.

View on SEC.gov

AMERICAN COASTAL INSURANCE Corp filing history →

Source: SEC EDGAR

accession 0001401521-25-000021

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