secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN COASTAL INSURANCE Corp (ACIC)
CIK:        0001401521
Form:       8-K
Filed at:   2025-02-12T23:59:59+00:00
Accession:  0001401521-25-000021
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1401521/000140152125000021/0001401521-25-000021-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1401521/000140152125000021/uihc-20250212.htm
  HTML page:      https://secwatch.observer/filing/0001401521-25-000021

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